Well, Elon Musk can relax now.
Having previously announced his intention to at least build a demonstrator of his Hyperloop transporter for high-speed, high-capacity inter-city transport, he now appears relieved to leave that task to HTT (Hyperloop Transportation Technologies, Inc). HTT is an engineering startup company operating under the wing of California-based JumpStartFund. It has developed basic organization and operational plans, as well as having established key partnerships to help navigate a path to a working Hyperloop.
Musk’s Hyperloop has gained a vast amount of media attention over the past year or so. His proposal was for a dedicated low-pressure tube train to connect the Los Angeles and San Francisco city centers while reaching top speeds of about 800 mph (1,300 km/h). With a yearly passenger capacity of 15 million passengers, and half-hour transport between the most distant terminals, the Hyperloop made quite a splash as an alternative to open, above-ground high-speed trains.
HTT, a company organized by co-founders Dr. Marco Villa (former director of mission operations for SpaceX) and Dr. Patricia Galloway (past president of the American Society of Civil Engineers), is operating with very thin financial foundations. It is depending on crowdsourcing and crowdfunding to supply the initial needs of the company, which include obtaining needed goods and services by making strategic partnerships with a range of companies. HTT is selecting most of its workforce from a pool of scientists and engineers who are willing to commit time in exchange for equity in the company.
Of particular importance are HTT’s deals with ANSYS for computer simulation resources, its partnership with material science development company GloCal Network Corp, and the UCLA Architecture and Urban Design department, whose role is to consider the social interface for the Hyperloop project.
Go deeper with Bing News on:
Hyperloop
- Can India leapfrog the high-speed rail story with Hyperloop?
We are one year behind the world. Else, we are on par with the Hyperloop developments across the globe, says Satyanarayan Chakravarthy, faculty, IIT-Madras ...
- Why Is The United States Falling Behind On The Hyperloop?
The hyperloop, a proposed high-speed transportation system, is being developed by many countries. So why is the United States falling behind? Let's take a look.
- China to build 100-mile-long hyperloop train line by 2035
(Web Desk) - China’s top engineering and rail design experts have exciting news: they’re planning to build the country’s very first hyperloop train line! This futuristic project will connect two ...
- Revolutionizing Transportation: A Glimpse into the Future
The transportation industry stands on the cusp of a revolution. The integration of cutting-edge technology is reshaping the way we perceive and utilize transportation systems. From autonomous vehicles ...
- Hyperloop, The Gen-Next Of Mass-Mobility For Faster & Healthier Travel Likely To Be Operational By 2032-33
Mumbai: Hyperloop, the next generation of mass-mobility for people to travel in a faster, safer and greener way, is likely to be operational by 2032-33. It is an inter-city mode of transport where ...
Go deeper with Google Headlines on:
Hyperloop
[google_news title=”” keyword=”Hyperloop” num_posts=”5″ blurb_length=”0″ show_thumb=”left”]
Go deeper with Bing News on:
Inter-city transport
- A Business Case for Improving Interregional Bus Service
Next week I will present a report on this subject, A Business Case for Improving Interregional Public Transport Service, which explores the problems caused by inadequate interregional transit, the ...
- To save Greyhound bus service in Chicago, the city has to take the wheel
Without the Harrison Street bus terminal, or another site, Chicago would become the largest U.S. city without an intercity bus terminal. A new report should light a fire under the city — and state — ...
- LTFRB allots P79-M for incentivized program in Western Visayas
The Land Transportation Franchising and Regulatory Board (LTFRB) has allocated PHP79 million for the implementation of Phase IV of the public utility vehicle (PUV) service contracting program (SCP) in ...
- A new bus service will connect Lehigh Valley with New York, Newark, Philadelphia
FlixBus, the parent company of Greyhound Lines, is beginning intercity service from Allentown effective ... Passengers will be picked up and dropped off at the Allentown Transportation Center at 112 N ...
- Israel Global Transport Company Buys Top Brazil Bus Ticket Seller
An Israeli company that lets travelers digitally book transportation worldwide has acquired a leading Brazilian online bus ticketing platform.
Go deeper with Google Headlines on:
Inter-city transport
[google_news title=”” keyword=”inter-city transport” num_posts=”5″ blurb_length=”0″ show_thumb=”left”]