Hyperloop Transportation Technologies (HyperloopTT) is currently grappling with significant economic issues, such as non-payment of salaries and increasing lease costs. Despite these hiccups, the top-tier management of the company remain optimistic, assuring that these financial obstacles will be surmounted soon. They are confident that the Hyperloop tunnel project in North Italy will not be impeded. [...]The post HyperloopTT Confronts Financial Hurdles, Remains Optimistic appeared first on SmallBizTechnology.
HyperloopTT was designer of tube-based, high-speed transport systems for passenger & commercial applications that died in December 2023 after failing to build a single unit.