Tag: hyperloop one

Finance

Virgin invests in innovative transport

It has been announced that Richard Branson’s Virgin Group has invested in Hyperloop One. The LA-based company is currently working on Hyperloop technology, but what is it? Popularised by Elon Musk in 2013, the concept of Hyperloop transportation is a pod-based travel system. According to Virgin’s official statement, the all-electric pods work by electric propulsion…

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