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World’s first full-scale Hyperloop passenger capsule unveiled

US-based Hyperloop Transportation Technologies (HyperloopTT) on Tuesday unveiled its first full-scale transportation capsule at Puerto de Santa Maria, Spain, which will be ready for passengers in 2019. The 32-metre “Quintero One” passenger capsule will be delivered to HyperloopTT’s research and development centre in Toulouse, France, for additional assembly and integration …

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Virgin Hyperloop One closes $50 million of financing

Virgin Hyperloop One announced on Tuesday that it had raised an additional $50million ahead of its Series C round of funding with investment from Dubai-based port operator DP World. Hyperloop is a futuristic, high speed transportation system based on tube technology. DP World previously invested $50 million in Virgin Hyperloop …

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