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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First four images from Virgin Galactic’s successful new test flight

We’ve had our first glimpse of Virgin Galactic’s new test flight and it’s out of this world.
Aiming to be the world’s first commercial spaceline, Richard Branson’s Virgin Galactic launched a test flight of its SpaceShipTwo space plane, VSS Unity, on …

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Virgin Galactic’s space plane makes 1st powered test flight since 2014 accident

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Virgin Galactic, which aims to eventually bring paying customers to the edge of space, is flying high again. 

The Richard Branson-founded company just performed the first rocket-powered test flight of its SpaceShipTwo space plane since the first vehicle was destroyed in a fatal accident on October 31, 2014. 

This SpaceShipTwo — called the VSS Unity — took to the air attached to its carrier aircraft on Thursday and flew for about an hour before being released. 

Today VSS Unity completed her first powered flight #SpaceShipTwo pic.twitter.com/Q0WDW6Z1v5

— Virgin Galactic (@virgingalactic) April 5, 2018 Read more…

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Virgin Galactic successfully tested its rocket-powered spacecraft today for the first time since 2014

Virgin Galactic took to the skies today for the first test of its rocket-powered spacecraft in over three years. The SpaceShipTwo launch platform deployed the USS Unity at a set altitude where the space craft will fire its engines for as long as 30 seconds bringing the craft to 1 1/2 the speed of sound. […]

View More Virgin Galactic successfully tested its rocket-powered spacecraft today for the first time since 2014

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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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

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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

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Virgin creates Vox Space for its government-related launches

 The universe can welcome yet another entrant into the space race, and yet another company into Richard Branson’s portfolio.. TechCrunch has learned that Branson’s Virgin Orbit has quietly created VOX Space, a wholly owned subsidiary of its space freight business, that will focus on servicing government contracts from the U.S. and its political allies. For Virgin Orbit, the creation… Read More

View More Virgin creates Vox Space for its government-related launches

Virgin creates Vox Space for its government-related launches

 The universe can welcome yet another entrant into the space race, and yet another company into Richard Branson’s portfolio.. TechCrunch has learned that Branson’s Virgin Orbit has quietly created VOX Space, a wholly owned subsidiary of its space freight business, that will focus on servicing government contracts from the U.S. and its political allies. For Virgin Orbit, the creation… Read More

View More Virgin creates Vox Space for its government-related launches