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Tag Archives: Virgin

Richard Branson launches spaceship programme

British billionaire Richard Branson plans to make his company Virgin Galactic the first space tourism firm to go public, Branson said in a statement on Tuesday. Virgin Galactic and its sister manufacturing organisation, The Spaceship Company, took steps towards becoming the first publicly listed human spaceflight company, German news agency …

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Future of transport: From Dubai to Abu Dhabi in 12 minutes

An ultra-high-speed train that travels like a jet would significantly cut travel time between Dubai and Abu Dhabi to just about 12 minutes, from the current 90 minutes. This innovation, using a futuristic mode of vacuum tube-based transport, would lead to an estimated savings of $800 million in lost working …

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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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