virgin hyperloop

virgin 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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Image from Wikimedia Commons

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Virgin Hyperloop has laid off roughly half of its staff as it pivots its high-speed vacuum train technology away from passenger transportation and toward shipping freight due to regulatory and supply chain issues.

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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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