Virgin Hyperloop Archives - Tech Magazine MENA's Leading Technology News Platform Fri, 22 Dec 2023 18:54:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://techmgzn.com/wp-content/uploads/2020/01/cropped-Tech-Magazine-Favicon-e1586521001128-32x32.png Virgin Hyperloop Archives - Tech Magazine 32 32 High-Speed Freight Link Hyperloop One To Shut Down https://techmgzn.com/high-speed-freight-link-hyperloop-one-to-shut-down/ https://techmgzn.com/high-speed-freight-link-hyperloop-one-to-shut-down/#respond Fri, 22 Dec 2023 13:00:56 +0000 https://techmgzn.com/?p=4200 The high-tech transportation system was planned to connect Europe and China.

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Founded in 2014 with the goal of building a high-speed freight link between Europe and China, Hyperloop One is reportedly shutting down.

Following a paper in 2014 by Elon Musk about his vision for hyperloop transport systems, the project intended to carry cargo along the length of its route in just a single day. The company planned to carry cargo and people in pods traveling through sealed metal tubes at aircraft-like speeds.

From 2017 until 2022, the company was known as Virgin Hyperloop One due to an investment from Richard Branson’s Virgin Group. However, Virgin pulled out last year when Hyperloop One decided to abandon plans to transport passengers. The company has now laid off over 100 staff members due to its change in priorities.

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According to news outlet Bloomberg, Hyperloop One never secured a contract to build a working hyperloop system, and all remaining employees will be gone by December 31.

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Virgin Hyperloop Concept Video Provides A Peek At The Future Of Transportation https://techmgzn.com/virgin-hyperloop-concept-video-provides-a-peek-at-the-future-of-transportation/ https://techmgzn.com/virgin-hyperloop-concept-video-provides-a-peek-at-the-future-of-transportation/#respond Tue, 02 Feb 2021 17:05:51 +0000 https://techmgzn.com/?p=490 If the idea of traveling at speeds up to 670 mph while sitting inside a futuristic pod propelled by strong electromagnets through an airless tube sounds like a cool sci-fi concept to you, then you should watch the latest video published by Virgin Hyperloop. The video shows how the Hyperloop concept, which was first proposed […]

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If the idea of traveling at speeds up to 670 mph while sitting inside a futuristic pod propelled by strong electromagnets through an airless tube sounds like a cool sci-fi concept to you, then you should watch the latest video published by Virgin Hyperloop.

The video shows how the Hyperloop concept, which was first proposed in 2013 by Elon Musk, might enable a faster, greener, and more cost-efficient mode of travel in a not-so-distant future — at least in the United Arab Emirates.

Unlike many existing train stations, the one from which the passengers in the video board their pods is clean, bright, and inviting. The pods themselves echo the same optimistic vision of the future, where traditional materials and high-end technology work in unison to create a more pleasant transportation experience.

Every passenger seat is equipped with wireless charging, and translucent LCD screens that double as dividers between individual rows of seats show the remaining travel time and current speed. Smaller info displays inform passengers about Wi-Fi and toilet availability, both of which are guaranteed to come in handy during longer trips.

When will first passengers be able to enjoy this exciting new mode of transportation? Sometime in 2030, most likely. Virgin Hyperloop, which receives financial backing from Dubai’s regime-backed DP World, must first receive its safety certification before it is allowed to operate in the United Arab Emirates.

So far, Virgin Hyperloop has successfully completed its first passenger test, during which the pod accelerated to around 100 mph. That’s a fairly impressive speed, but there’s no denying that the company has a long way to go before it hits 670 mph.

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When it does, its Hyperloop system could be a game-changer for all people who commute long-distances on a regular basis. Jay Walder, CEO of Virgin Hyperloop, said that the company’s Hyperloop system must be affordable for people to use. As such, prices should be much closer to driving than flying thanks to the fact that multiple pods (each carrying up to 28 passengers) can travel inside the same tube mere milliseconds apart.

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