This hyperloop startup is doing the unthinkable: being realistic - Its Magazine

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Thursday, 10 May 2018

This hyperloop startup is doing the unthinkable: being realistic

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A hyperloop startup is sharing its vision for ultra-fast travel via pod at presentations in hotel ballrooms around the world — and a flash-bang demo in Las Vegas the presentations are not. 

But that's a good thing.

Meet Transpod, a Canadian hyperloop startup that thinks its proprietary technology — which it says improves upon magnetic levitation in both cost and efficiency — can enable the next, as the founders call it, "true leap forward" in transportation. 

Founded in 2015, Transpod is just one of a handful of hyperloop startups trying to make the concept popularized by Elon Musk of levitated, low-resistance travel via tube a reality. It has $15 million in seed funding, which may sound promising, but it's considerably less than other hyperloop startups, and the company has yet to debut a prototype or even run a demo.  Read more...

More about Transportation, Richard Branson, Virgin, Hyperloop, and Hyperloop One

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