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Virgin and Hyperloop one become fast friends

The Virgin Group, run by Richard Branson, announced on Thursday that it was investing in Hyperloop One

Jacey Fortin | NYT 

High-speed hyperloop transit — the futuristic concept involving passenger pods that could zip from, say, San Francisco to Los Angeles in a half-hour — just got a boost from Richard Branson. The Virgin Group, the multinational venture capital corporation run by Branson, announced on Thursday that it was investing in Hyperloop One, a Los Angeles company that has been developing the transit technology since its founding in 2014. Executives at Hyperloop One — now called Virgin Hyperloop One — and the Virgin Group would not reveal the size of the ...

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First Published: Sat, October 14 2017. 01:03 IST
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