Hyperloop One rebrands as 'Virgin Hyperloop One' after investment by Richard Branson

A rendering of the Hyperloop Technologies hyperloop    
   Hyperloop One

A rendering of the Hyperloop Technologies hyperloop Hyperloop One

Virgin Group has invested in Hyperloop One and rebranded the company Virgin Hyperloop One.

Hyperloop One Chairman Shervin Pishevar told CNBC that with Branson on board, the company will be able to accelerate the commercialization process and also design products with the consumer in mind. By using magnetic levitation and electric propulsion to accelerate a pod through a tube at near-vacuum, hyperloop hopefuls believe they can transport passengers at speeds up to 700 miles per hour, providing airline speeds on the ground.

'Projected journey times in the United Kingdom include Edinburgh to London in 50 minutes'.

Before we can fly through vacuum tubes at almost the speed of sound, however, hyperloop technologies will need to advance quite a bit.

In a post on his website, Branson said he aimed to turn it into a "global passenger service" which could complete the 332-mile journey between the Scottish and United Kingdom capitals, via Manchester, in under an hour. The company's vision is for the magnetic-based system to be used as a major mode of transport between cities, eventually reaching speeds of around 760mph, and potentially connecting London to Edinburgh in 50 minutes.

Electric: Testing under way near Las Vegas.

"Ever since our creation, Virgin has been known for disruption and investing in innovative companies", the entrepreneur writes. "We're incredibly excited about the technology behind Virgin Hyperloop One and the way it could transform passengers' lives". This is just the latest example.

The maximum distance travelled was 436m, with a peak acceleration of 1.48G (0-100km/h in 1.85 seconds). Importantly, Virgin Hyperloop One will be all-electric and the team is working on ensuing it is a responsible and sustainable form of transport too.

"Virgin Hyperloop One are leading the way in these efforts", he continued, noting that the company is "working on exciting projects in the Middle East, Europe, India, Canada, and the USA".

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.