First major test of hyperloop high-speed transportation system to take place in Nevada desert

Record ID: 104013

  • Title: First major test of hyperloop high-speed transportation system to take place in Nevada desert
  • Date: 11th May 2016
  • Summary: LAS VEGAS, NEVADA, UNITED STATES (MAY 10, 2016) (REUTERS) (SOUNDBITE) (English) SHERVIN PISHEVAR, HYPERLOOP ONE'S CO-FOUNDER AND EXECUTIVE CHAIRMAN SAYING: "We recently closed $80 million of funding in our Series B financing and we're announcing the public and private partnerships which are incredibly important for hyperloop in making it a reality. And we're moving towards our Kitty Hawk moment at the end of the year." (SOUNDBITE) (English) SHERVIN PISHEVAR, HYPERLOOP ONE'S CO-FOUNDER AND EXECUTIVE CHAIRMAN SAYING: "I'm not surprised we've gotten here this fast, given the talent on the team. But think about it, the test you'll see tomorrow was just an idea just three years ago. We were in a garage, as you saw in the picture, just a year and a half ago. And by the end of this year, we'll have a full scale test loop." BAMBROGAN AND PISHEVAR POSING FOR PHOTOGRAPHS WITH TEAM MEMBERS ON STAGE
  • Embargoed: 26th May 2016 02:53
  • Keywords: Hyperloop high speed transport transportation test
  • Location: LAS VEGAS, NEVADA, UNITED STATES/ ANIMATION
  • City: LAS VEGAS, NEVADA, UNITED STATES/ ANIMATION
  • Country: USA
  • Topics: Science
  • Reuters ID: LVA0034HD3HHJ
  • Aspect Ratio: 16:9
  • Story Text: Hyperloop One, a company working to develop the futuristic transportation technology, on Tuesday (May 10) announced the closing of $80 million in financing and said it plans to conduct a full system test before the end of the year.
    "What we're doing to bring hyperloop to reality is we are working very diligently on building a full scale, full system, full speed prototype. And we are going to have this full system test beginning this year. Q4," the company's co-founder and Chief Technology Officer said at a news conference in Las Vegas on the eve of a demonstration test in the Nevada desert on Wednesday (May 11).
    "We're doing this hardcore tech development and it's hard," Bambrogan, a former engineer with Elon Musk's SpaceX company, said. "But I can say... it's easier than building a spaceship."
    A hyperloop would whisk passengers and cargo in pods through a low pressure tube at speeds of up to 750 miles per hour. Maglev technology would levitate the pods to reduce friction in the city-to-city system, which would be fully autonomous and electric powered.
    Hyperloop One builds off a design by Elon Musk, who has suggested a hyperloop would be cheaper, faster and more efficient than high speed rail projects, including the one being built in California.
  • Copyright Holder: REUTERS
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