Hyperloop has secured enough investment to begin testing the design, a concept originally developed by Elon Musk, CEO of Tesla Motors and SpaceX. The concept is an airless tube which would magnetically propel passengers through the system at 760 mph. It will be able to make the 380-mile journey from Los Angeles to San Francisco in about 30 minutes. Hyperloop Transportation Technologies (HTT) under COO Bibop Gabriele Gresta has applied for permission to build a five mile track from state authorities with construction beginning as early as November. Testing of the new system will be limited to 160mph with passengers on board but empty carriages will be tested at speeds up to 780mph. The project is expected to cost about $150m. Should testing be successful a permanent model will be built, with the capacity to carry an estimated 3,400 passengers per hour across the Los Angeles region to the San Francisco Bay Area as well as time sensitive cargo like donated organs.
Hyperloop Testing to Commence Soon (International Business Times)
Attribution: Read More: http://www.ibtimes.co.uk/