hyperloop

hyperloop

Courtesy of Virgin Hyperloop

Hoping to heat up its competition against rival Boring Co., Virgin Hyperloop relocated to new digs in the heart of Downtown Los Angeles, signing a four-year lease at the ROW DTLA in the Arts District.

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Forty-five minutes in traffic won't get you very far in Los Angeles. But Virgin Hyperloop estimates it will be able to get you from Los Angeles to San Francisco in that time.

The Richard Branson-owned company unveiled its hyperloop concept video Wednesday, just two months after the company's first tested its design with passengers. Traveling several hundred miles per hour in a pressurized tube is no longer a vision of the far-distant future — Virgin Hyperloop engineers want to make it a reality in less than 10 years.

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A new type of high-speed mass transit that envisions enabling daily commutes from, say, San Francisco or Las Vegas to Los Angeles in under an hour has moved one crucial step closer to reality.

On Thursday, the U.S. Department of Transportation released a guidance document that provides a clear pathway for hyperloop regulation and deployment in the United States. The document was developed by the Non-Traditional and Emerging Transportation Technology Council, which was created last year to explore this issue.

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