Oct. 12 (UPI) — Richard Branson and his Virgin Team have invested in the Los Angeles-based tube transportation Hyperloop A person.
The startup, which intends to create an ultrafast tube transportation procedure, was named Virgin Hyperloop A person after the announcement of the strategic partnership that allows Branson to join the board of administrators.
In a statement produced by Virgin on Thursday and credited to Branson, the entrepreneur famous that the new Virgin Hyperloop A person could convey airline speeds to the ground.
“Passengers and cargo will be loaded into a pod, and speed up gradually by means of electrical propulsion via a lower-force tube,” Branson stated. “The pod rapidly lifts over the monitor using magnetic levitation and glides at airline speeds for lengthy distances owing to ultra-lower aerodynamic drag.”
Branson stated the partnership will focus on making certain the undertaking is all-electrical and a accountable, sustainable kind of transportation.
“We are unbelievably fired up about the technology driving Virgin Hyperloop A person and the way it could remodel passengers’ life,” he stated.
The Hyperloop technology is at present in the early phases of commercialization after a thriving first whole-scale systems examination was conducted. As an instance of the significant-velocity transportation supplied by Hyperloop, the undertaking expects the journey time from Edinburgh to London to be 50 minutes.
Theoretically, the speeds could get to up to seven-hundred miles for each hour.
Other people today have also worked on the idea as properly, these types of as Elon Musk, who stated he was offered permission by the U.S. govt in July to carry on with plans to establish a significant-velocity Hyperloop prepare from New York to Washington, D.C.