Hyperloop Testing Starts Next Year

neanderslob writes: In 2013, Elon Musk told us about a theoretical transportation system he’d been thinking about for a while. It was called “hyperloop,” and it was a tube-based system capable of sending people and things at speeds of up to 800mph. Now, a company called Hyperloop Transportation Technologies plans to start construction on an actual hyperloop next year. The idea is to build it to serve Quay Valley (a proposed 75,000-resident solar power city in Kings County, California). The project will be paid for with $100 million the company expects to raise through a direct public offering in the third quarter of this year. The track itself will be a 5-mile loop and won’t reach anywhere close to the 800mph Musk proposed in his white paper — but it’s a start.

of this story at Slashdot.

    

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