Richard Branson steps down as chairman of Virgin Hyperloop One

Richard Branson has reportedly stepped down from the chairman role of Virgin Hyperloop One. In a statement, cited by Reuters, Branson said that the company would require a more time than he could devote to the company. “At this stage in the company’s evolution, I feel it needs a more hands-on Chair, who can focus on […]

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Arrivo partners with a Chinese state-owned infrastructure developer to commercialize hyperloop tech

Arrivo, the upstart high-speed mass transit technology developer launched by a former co-founder of Hyperloop One, has inked a massive partnership with a Chinese state-owned infrastructure developer to help finance mobility projects around the world. Genertec America, an affiliate of the China National Technical Import and Export Corp., which is a wholly-owned subsidiary of the […]

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This hyperloop startup is doing the unthinkable: being realistic

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A hyperloop startup is sharing its vision for ultra-fast travel via pod at presentations in hotel ballrooms around the world — and a flash-bang demo in Las Vegas the presentations are not. 

But that’s a good thing.

Meet Transpod, a Canadian hyperloop startup that thinks its proprietary technology — which it says improves upon magnetic levitation in both cost and efficiency — can enable the next, as the founders call it, “true leap forward” in transportation. 

Founded in 2015, Transpod is just one of a handful of hyperloop startups trying to make the concept popularized by Elon Musk of levitated, low-resistance travel via tube a reality. It has $15 million in seed funding, which may sound promising, but it’s considerably less than other hyperloop startups, and the company has yet to debut a prototype or even run a demo.  Read more…

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View More This hyperloop startup is doing the unthinkable: being realistic

Elon Musk shares updated pedestrian-first Boring Co. Hyperloop transit plan

 Elon Musk has shifted his pans for The Boring Company: While it will still focus on digging tunnels to provide a network of underground tubes suitable for use by high-speed Hyperloop pods, the plan now is to use that Hyperloop to transport pedest…

View More Elon Musk shares updated pedestrian-first Boring Co. Hyperloop transit plan

Hyperloop One races to new top speed, and a famous billionaire chairman

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Hyperloop One set a new company record when it reached a blistering 242 mph outside of Las Vegas on Friday — and days later, it gained a famous billionaire. 

The company named Richard Branson its chairman on Monday, rebranding itself as Virgin Hyperloop One, Axios reports. It hopes to one day zip commuters across the country at 700 mph. 

Virgin Hyperloop One’s previous tests in the Mojave Desert clearly impressed the global airline tycoon, who has helped secure over $100 million in funding for the company since October.

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View More Hyperloop One races to new top speed, and a famous billionaire chairman

Virgin Hyperloop One said to add Richard Branson as Chair and raise $50M

 It’s probably no surprise that billionaire Richard Branson is going to be taking a more active role in Virgin Hyperloop One, considering the company adopted the “Virgin” moniker after Branson’s global co. became a key backer earlier this year. Now, Axios reports that he’ll be made chairman of the company, as it takes on an additional $50 million in funding to help… Read More

View More Virgin Hyperloop One said to add Richard Branson as Chair and raise $50M

Shervin Pishevar takes immediate leave of absence from Hyperloop One and Sherpa Capital

 Shervin Pishevar, co-founder of Sherpa Capital and co-founder of Hyperloop One, is taking an immediate leave of absence from both companies, as well as from his board responsibilities at Sherpa’s portfolio companies. Pishevar, in his statement via a lawyer, said it was his idea to take a leave of absence and that the decision was not made lightly. Read More

View More Shervin Pishevar takes immediate leave of absence from Hyperloop One and Sherpa Capital

Shervin Pishevar takes immediate leave of absence from Hyperloop One and Sherpa Capital

 Shervin Pishevar, co-founder of Sherpa Capital and co-founder of Hyperloop One, is taking an immediate leave of absence from both companies, as well as from his board responsibilities at Sherpa’s portfolio companies. Pishevar, in his statement via a lawyer, said it was his idea to take a leave of absence and that the decision was not made lightly. Read More

View More Shervin Pishevar takes immediate leave of absence from Hyperloop One and Sherpa Capital

Shervin Pishevar responds to allegations of sexual misconduct, calling it a “smear campaign”

 Early yesterday evening, a story broke on Bloomberg alleging Uber investor and Hyperloop One co-founder Shervin Pishevar had used his position of power to make unwanted sexual advances to at least five women. Pishevar, through his lawyer, now says these allegations are part of a “smear campaign” against him.
The allegations are egregious. One woman who spoke to Bloomberg alleged… Read More

View More Shervin Pishevar responds to allegations of sexual misconduct, calling it a “smear campaign”

Crunch Report | The tech companies helping to educate the public on fake news and how to get free Postmates Unlimited

 Today’s Stories  These tech companies want to get rid of fake news Say goodbye forever to Facebook app invites Apple is giving out free Postmates Unlimited Mashable sells to Ziff Davis Virgin Hyperloop One goes to India Credits Written by: Sarah Buhr Hosted by: Sarah Buhr Filmed by: Joe Zolnoski Edited by: John Murillo Notes: Tito’s continues his journey out in the Outback… Read More

View More Crunch Report | The tech companies helping to educate the public on fake news and how to get free Postmates Unlimited

Virgin Hyperloop One lines up two preliminary studies in India

 Hyperloop One, which is now Virgin Hyperloop One thanks to strong backing from billionaire Richard Branson, has signed a couple of new memorandums of understanding (MOUs) with Indian government agencies to conduct preliminary studies into hyperloop route construction feasibility. Virgin Hyperloop One’s goal (besides making their official name an increasingly difficult mouthful) is to… Read More

View More Virgin Hyperloop One lines up two preliminary studies in India