Source: Oil Price

HyperloopTT: Hyperloop Technology Gains Momentum With New Freight System

The American research company HyperloopTT unveiled its latest hyperloop technology, an innovative freight capsule system which it claims will revolutionise freight shipping. The idea, first popularised by Elon Musk and SpaceX engineers over a decade ago, involves using magnetic propulsion to fire pods or trains through a network of tubes at up to 800 miles per hour. HyperloopTT believes its tech, developed alongside the design consultancy tangerine, can push out traditional high-speed rail systems while operating at a fraction of the cost. The...

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Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
Andres de Leon's photo - CEO of HyperloopTT

CEO

Andres de Leon

CEO Approval Rating

59/100

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