Watch Hyperloop One's First Real-World Test
Hyperloop One is one of the companies attempting to take the hyperloop from Elon Musk's imagination to real-world application.
On Wednesday, the company held the first live test of its version of the ultra-fast transportation system at a site in Nevada. It worked, although it didn't go very far:
But it did go fast, quickly:
The company announced on Tuesday that they had raised a bunch of cash to help make the project viable:
The Hyperloop—a futuristic magnetic levitation transportation system that promises to make it possible for people or cargo to travel at 750 miles an hour in comfortable pods between San Francisco and Los Angeles in as little as 30 minutes—could be very big business. Got doubts? Look at Hyperloop One, which today announced an $80 million Series B round of financing, as well as a series of partnerships with global leaders in industries like transportation, engineering, architecture, passenger and freight economics, and tunneling.
