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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