Virgin Hyperloop completes first mission in Las Vegas excursion: report
Fox Business Flash top headlines for November 6
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.
SEATTLE - Richard Branson’s Virgin Hyperloop has completed the world’s first passenger ride on a super high-speed levitating pod system, the company said on Sunday, a key safety test for technology it hopes will transform human and cargo transportation.
Continue Reading Below
Virgin Hyperloop executives Josh Giegel, its Chief Technology Officer, and Sara Luchian, Director of Passenger Experience, reached speeds of up to 107 miles per hour (172 km per hour) at the company’s DevLoop test site in Las Vegas, Nevada, the company said.
“I had the true pleasure of seeing history made before my very eyes,” said Sultan Ahmed Bin Sulayem, Chairman of Virgin Hyperloop and Group Chairman and Chief Executive of DP World.
VIRGIN GALACTIC SET TO BEGIN MULTIMILLION-DOLLAR STAR TREK FROM SPACEPORT AMERICA
Los Angeles-based Hyperloop envisions a future where floating pods packed with passengers and cargo hurtle through vacuum tubes at 600 miles an hour (966 kph) or faster.
Stocks in this Article
In a hyperloop system, which uses magnetic levitation to allow near-silent travel, a trip between New York and Washington would take just 30 minutes. That would be twice as fast as a commercial jet flight and four times faster than a high-speed train.