Branson's Virgin Group invests in Hyperloop One

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DocM    12,633


http://www.bbc.com/news/technology-41595297

 

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Branson's Virgin Group invests in Hyperloop One

 

The Virgin investment group has taken an undisclosed stake in Hyperloop One, one of several companies trying to create a pod-based transport system.

The terms of the deal have not been disclosed.

Virgin's founder, Sir Richard Branson, is joining the Los Angeles-based firm's board as part of the deal, and it is rebranding itself as Virgin Hyperloop One.
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Hyperloop One recently tested a prototype pod in the Nevada desert, which reached a speed of 310km/h (192mph) within a 500m (1,600ft) low air-pressured tube.
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Unobscured Vision    2,138

Awww yeah!!

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Beittil    365

That is some serious punch they are getting there! I like...

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DocM    12,633

 

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PGHammer    207

Not even CLOSE to the first Virgin investment in wholly-terrestrial travel - or have we forgotten about (merely) Virgin Rail (UK)?

I'm doubtful that Sir Richard has any Virginities left (no - so NOT making a quip, let alone @ Sir Richard's expense); I'm referring simply to his investments merely since he made his first billion (dollars - let alone pounds sterling).

 

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