Tag "Hyperloop"

Hyperloop One raises $85M at a $700M valuation

By : CIOL Writers

Hyperloop One has raised an additional $85 million in funding, bringing its total haul to $245 million, which reportedly takes the company’s valuation to more than $700 million. Investors in this round include DP World, Caspian VC Partners, WTI and OurCrowd.com, according to the

Two Indian teams among the winners of Hyperloop One Global challenge

By : CIOL Writers

The Hyperloop One Global challenge which kicked off in May 2016- to identify the strongest new Hyperloop routes in the world has recently announced the 10 winners of this global challenge. Among the 10 winners, two teams are from India- Hyperloop India

India’s first Hyperloop to connect Amravati and Vijayawada in 5 minutes commute

INDIA: Hyperloop Transportation Technologies (HTT) signed a Memorandum of Understanding with the Andhra Pradesh Economic Development Board (APEDB) today to connect the city centers of Amravati and Vijaywada- a distance of around 40 kilometers by road that takes generally more than one hour

SpaceX opens registration for the 2018 Hyperloop Pod competition

By : CIOL Writers

Following a very successful second edition of the Hyperloop Pod competition, Elon Musk’s SpaceX has announced the third edition of the very successful competition. The 2018 competition will again take place at SpaceX’s 0.77-mile long test track near its Hawthorne HQ

Munich’s team achieves 201mph to win SpaceX’s 2nd Hyperloop competition

By : CIOL Writers

Slowly but steadily, Elon Musk is inching closer towards realizing his dream of ‘third wave of transportation’ when humans and cargo will travel at the speed of an aircraft between cities hundreds of miles apart using magnetic levitation technology. Marking another feat

Hyperloop One successfully completes its first test run

By : CIOL Writers

Hyperloop One has announced that on May 12th it successfully completed its first full-scale test run. The high-speed transit system, first envisioned by Tesla and SpaceX CEO Elon Musk, hit 70 miles per hour in a vacuum, at the company’s Nevada testing

Hyperloop India partners crowd funding platform Ketto to raise funds for building pod

By : CIOL Writers

Hyperloop India- a team of 80 students from BITS Pilani, Indian School of Business (ISB), IIM-Ahmedabad, National Institute of Design, Xavier’s Institute of Management, amongst others has partnered crowd funding platform Ketto to raise funds for the last leg of building

Would you mind connecting your brain with computer for Elon Musk?

By : CIOL Writers

After excelling in autonomous vehicles, launching rockets, digging tunnels and creating Hyperloop, starting the Boring Company and colonising Mars, now Elon Musk wants to merge computers and human brains. You might think we are near the end of the human

5 entries from India selected for Hyperloop One’s ultra-fast train

By : CIOL Writers

Since the US-based startup, Hyperloop One made the announcement of creating an ultra-fast rail system which runs 760 mph, several countries and government have sent entries to bring the fastest train to their country. And out of those 2600 entries,

Technology blitzkrieg from 2016: Oculus Touch, Hyperloop One, e-Skin and more

By : CIOL Writers

Technology breakthroughs are the ones that make you sit up and take notice. Because, when they hit you, they are hard to ignore. 2016 was an year where we saw more than one such wonders. We had the Oculus rift

Hyperloop, instead of bullet trains could be the future of Indian transport

By : CIOL Writers

Hyperloop Transportation Technologies (HTT), a US startup working on an ultra-fast rail system apparently may reach India soon. The company which works on the concept envisioned by billionaire Elon Musk is in talks with the Indian government to bring the

Hyperloop One raises $50mn, appoints former Uber CFO Brent Callinicos

By : CIOL Writers

Los Angeles-based Hyperloop Technologies better known for its futuristic transportation system has raised $50 million in convertible-debt financing in a round led by DP World Group of Dubai. The company also announced hiring of Uber Technologies Inc.’s former chief financial

Hyperloop technology: 0 to 400 mph in two seconds

By : CIOL Writers

A fully operational hyperloop would whisk passengers and cargo racing through cushioned tubes at nearly the speed of sound.  This transportation alternative could make it possible to travel from Montreal to Toronto in an hour or Toronto to Vancouver in