To cap off the good news, the company also announced that Richard Branson is coming aboard as chairman and that it just raised $50 million. Virgin Hyperloop One, one of the startups developing its own Hyperloop system, has shuttled its full-scale test pod to speeds of 387 km/h (240 mph), so it too has a some strides to take before it starts selling tickets to ride. Shervin Pishevar, the company’s co-founder and co-executive chairman, has temporarily left amidst allegations of sexual misconduct. WIRED is where tomorrow is realized. Driving the future of sustainable mobility. We do also share that information with third parties for High-speed transportation project Hyperloop hit a new speed record of 240 mph last week, bringing us closer to a world wherein people can easily travel long … newsletter. The new tunnel would likely introduce additional challenges for the team’s competing in the competition. Vishnu predominantly covers technology stories from within the logistics and transportation space. That sounds like a fairly conservative estimate given that the Eurostar line from London to Paris (about 300 miles) cost around $5 billion — which was 80% more than expected, let’s hope Hyperloop isn’t foul of the same miscalculation. A near-supersonic train is still just a pipe dream. At just 1.7 meters long and weighing 70 kg, the prototype is still a fraction of the size of what the eventual passenger-ready Hyperloop pods will be. To be sure, the pod didn’t reach the hyperloop’s theoretical maximum speed of 760 mph. Nick has been writing and editing at New Atlas for over six years, where he has covered everything from distant space probes to self-driving cars to oddball animal science. Forty-two teams took part in this year's contest, with the team from TUM again outstripping them all. To revist this article, visit My Profile, then View saved stories.
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