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Rumor Mill News Reading Room, Current Archive

So Elon Musk’s Hyperloop Is Actually Getting Kinda Serious

Posted By: Susoni
Date: Thursday, 27-Aug-2015 15:58:01
www.rumormill.news/26124

Sounds a bit claustrophobic to me... :-)

Susoni

The Hyperloop sounds like science fiction, Elon Musk’s pipe dream: leapfrog high speed rail and go right to packing us into capsules that fling us across the country in hours using what are, essentially, pneumatic tubes. It sounds crazy, when you think about it.

It’s starting to look a little less crazy.

Hyperloop Transportation Technologies announced today that it has signed agreements to work with Oerlikon Leybold Vacuum and global engineering design firm Aecom. The two companies will lend their expertise in exchange for stock options in the company, joining the army of engineers from the likes of Boeing and SpaceX already lending their time to the effort.

“It’s a validation of the fact that our model works,” says Dirk Ahlborn, CEO of Hyperloop Transportation Technologies. “It’s the next step.”
Hyperloop Transportation Technologies CEO Dirk Ahlborn says he's got several potential investors to get a prototype track built.Click to Open Overlay Gallery
Hyperloop Transportation Technologies CEO Dirk Ahlborn says he’s got several potential investors to get a prototype track built. Hyperloop Transportation Technologies

The Hyperloop, detailed by the SpaceX and Tesla Motors CEO Elon Musk in a 57-page alpha white paper in August 2013, is a transportation network of above-ground tubes that could span hundreds of miles. With extremely low air pressure inside those tubes, capsules filled with people would zip through them at near supersonic speeds. Musk published the paper encouraging anyone interested to pursue the idea, since he’s kinda a busy guy.

That timing lined up with the beta launch of JumpStartFund, a startup that combines elements of crowdfunding and crowd-sourcing to tackle ambitious projects like revolutionary transportation infrastructure. JumpStartFund created Hyperloop Transportation Technologies, Inc, which brought together engineers willing to spend their free time working on the design in exchange for stock options.

The startup plans to start construction on a full-scale, passenger-ready Hyperloop in 2016. The prototype will run 5 miles through Quay Valley, a planned community rising from nothing along Interstate 5, midway between San Francisco and Los Angeles. Ahlborn says he’s got several potential investors.

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Articles In This Thread

So Elon Musk’s Hyperloop Is Actually Getting Kinda Serious
Susoni -- Thursday, 27-Aug-2015 15:58:01
THE BEST CAR CONSUMER REPORTS HAS *EVER* TESTED
food4thought -- Thursday, 27-Aug-2015 16:07:21
Reader: "If you have 130 grand to dump into 1 of these throw away vehicles before it is paid for, good luck."
hobie -- Friday, 28-Aug-2015 03:36:25
Reader: VIDEO of Hyperloop- Elon Musk's 760MPH Hyperloop: Interview with Dirk Ahlborn
Susoni -- Friday, 28-Aug-2015 15:10:43

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AN EXPLANATION OF THE FACTIONS