Virgin Hyperloop One just signed an agreement with the state of Maharashtra in India to work towards a hyperloop route between Pune and Mumbai.
Virgin Hyperloop One announced a new speed record of 240 miles (386 km) per hour in its latest testing protocol.
At about 700 miles per hour, Hyperloop One, the full-scale hyperloop that’s just been tested successfully, should be faster than air-travel. Commercial services might be launched by 2021.
The test track in the Nevada desert is finally complete and ready to host the first full-system test in the next few months. Hyperloop One is eyeing less than a dozen regions in the US as possible future locations for its ultrafast, futuristic transportation system.
Finalist proposals from Hyperloop One's Global Challenge could lead to a global system of high-speed capsule transportation.
A US startup pursuing Elon Musk's futuristic vision of insanely fast pod-based transport announced this week that it intends to build the world's first Hyperloop system in the United Arab Emirates (UAE).