Virgin Hyperloop One raises $50m, puts Branson in the driver's seat

Elon Musk's High Speed Train Concept Company Hyperloop One Holds First Public Test Run

Hyperloop One rebranded as Virgin Hyperloop One in October after Virgin Group invested in the firm and Branson joined its board of directors.

The company develops super high-speed transportation systems which are expected to cut travel time between NY and Washington to about half an hour.

But among publicly released hyperloop tests, the previous record holder was Elon Musk, with a speed of 220 miles per hour.

Sri Lanka's Upul Tharanga completes 1000 runs in 2017
Washington Sundar, too, picked up his first worldwide wicket on Wednesday, when he bowled out Lahiru Thirimanne on Wednesday. Dhawan added 135 for the second wicket with Shreyas Iyer and an unbroken 70 with Dinesh Karthik, who finished on 26 not out.

Virgin Hyperloop One has not conducted a public test at its site since May 2016.

Earlier this year, the company announced that it plans to have working hyperloop systems deployed by 2021.

The new test run was completed on December 15 alongside tests of a range of new components, including a new airlock systems that help it achieve air pressure equivalent to 200,000 feet above sea level. Originally called Hyperloop One, the firm partnered with Virgin America in October.

Egypt Regrets UN Failure To Pass Egypt-Drafted Resolution On Jerusalem
And it would have called for intensified and accelerated worldwide and regional efforts to achieve Middle East peace. Haley was adamant that "the United States will not be told by any country where we can put our embassy".

Axios is now reporting that Branson is the new Hyperloop One chairman, replacing Shervin Pishevar who took a leave of absence after he was swept into sexual harassment allegations and an arrest for rape (that didn't result in a charge) just last month.

The new round of funding, announced on Monday, came from Dubai's DP World and Russia's Caspian Venture Capital. "A Virgin Hyperloop One pod quickly lifts above the track using magnetic levitation and glides at airline speeds for long distances due to ultra-low aerodynamic drag".

Virgin founder Richard "Beardy" Branson has been named non-executive chairman of Virgin Hyperloop One, with the superfast tube train company having also won another $50m (£37.39m) in funding.

Trump lawyer Cobb says Mueller 'won't be fired' by Trump, dispelling 'rumor'
This weekend's dispute is the latest chapter in an ongoing campaign by Trump's Republican allies against Mueller and his team. Republicans have increasingly urged Trump to fire Mueller regardless of the political consequences.

"The recent phase three testing continues to prove the incredible persistence and determination of our DevLoop team - the close to 200 engineers, machinists, welders, and fabricators who collaborated to make hyperloop a reality today". Its routes could radically cut down on the time and costs for business and other travelers to get from city to city and country to country: For example, routes include 30 minutes from San Francisco to Los Angeles, 50 minutes from London to Edinburgh, eight minutes from Helsinki to Tallinn, and 55 minutes from Melbourne to Sydney, according to TechRepublic's Nick Heath.

Related news:

Hot News

isis-killer-beheading-video-story-top Google to activate Chrome's native ad blocker on February 15
Dec 20, 2017 - 00:39
However, it will block some of the most annoying ads you're likely to encounter while using the internet. Site owners can then submit their sites for a review after any violating ads have been removed.

isis-killer-beheading-video-story-top Holiday travelers may see lower prices at the pumps
Dec 20, 2017 - 00:34
The average for Sunday was the same price according to GasBuddy's daily survey of 5,345 gas outlets in Ohio. Just in time for the holidays, gas prices in Florida have finally returned to pre-Hurricane Irma levels.

isis-killer-beheading-video-story-top Sheriff: Virginia woman mauled to death by her own dogs
Dec 20, 2017 - 00:34
After discovering his daughter's body and the dogs guarding it, Stephens' father called 911. One dogs had a significant amount of blood around neck and collar, the sheriff said.

isis-killer-beheading-video-story-top NASCAR Drivers Danica Patrick, Ricky Stenhouse Jr.'s Break Up Confirmed
Dec 19, 2017 - 08:41
TMZ reports that Patrick said in July she "was ready yesterday" to be engaged, but that Stenhouse Jr. had not proposed yet. Neither driver could be reached for comment Monday, and Patrick's spokeswoman said the two had requested privacy.

isis-killer-beheading-video-story-top British Columbia bans grizzly bear hunting
Dec 19, 2017 - 08:40
The province said staff will also be implementing recommendations made in a report released in October on grizzly bear management. Throughout 2016 alone, 235 grizzly bears were killed in B.C, 30% of which were female. "We couldn't be more thrilled".

isis-killer-beheading-video-story-top Jonghyun, lead singer of K-pop group Shinee, dies
Dec 19, 2017 - 08:38
SHINee was formed in 2008 by SM Entertainment and had five members: Jonghyun, Onew, Key, Minho and Taemin. In South Korea, it is known as a common way of suicide as the substance releases carbon monoxide.

isis-killer-beheading-video-story-top 'Ocean's 8' Teaser: Is George Clooney's Character Dead?
Dec 19, 2017 - 08:38
Finally, our first look at footage from the all-women heist film, Ocean's 8 , is making the rounds on the internet. Just days after the release of the film's first poster , the first teaser for Ocean's 8 has officially dropped .

isis-killer-beheading-video-story-top SBPD: Stolen fire gear recovered, returned to firefighters working Thomas Fire
Dec 19, 2017 - 08:38
That involves lighting fires from a chopper to burn off fuel in a controlled manner before the Thomas Fire flames reach that area. The Santa Barbara Sheriff's Office announced the lifting of evacuation orders for portions of the county on Monday night.

isis-killer-beheading-video-story-top Jazz center Gobert sidelined with sprained knee
Dec 19, 2017 - 08:36
Gobert was nearly immediately ruled out for the rest of the game after playing just under two minutes. However, without Gobert, the Jazz will miss a player who is integral to their defensive identity.

isis-killer-beheading-video-story-top Royal interview: Prince Harry and Barack Obama rekindle bromance
Dec 18, 2017 - 00:18
The former United States president also shared his memories of the day he left office and his hopes for the future. "Because I am a slow speaker", Obama asks the prince before an interview that will be aired December 27.

isis-killer-beheading-video-story-top Vladimar Putin thanks President Trump for CIA's help in stopping terror attacks
Dec 18, 2017 - 00:16
Returning militants from Syria pose a real threat to Russian Federation , the head of the FSB was quoted as saying on Tuesday. This is the second time in less than a week that two of the world's most powerful leaders have exchanged messages of praise.

isis-killer-beheading-video-story-top Antoine Griezmann Gets Green Light To Leave Atletico Madrid
Dec 18, 2017 - 00:15
The 26-year-old Griezmann plays for Spanish team Atletico Madrid but has been linked to a move to Barcelona . If he did all he could for me as Griezmann does, I'll say it's no problem.

isis-killer-beheading-video-story-top Bengals head coaching rumors: 5 candidates to watch
Dec 18, 2017 - 00:13
Sources close to Lewis told the Enquirer he remains interested in coaching in 2018 and does not plan to retire. Lewis holds the record for most postseason losses of any coach in the history of the NFL.

isis-killer-beheading-video-story-top BlackBerry ends monthly security updates for its PRIV
Dec 18, 2017 - 00:12
Third, should a critical vulnerability be exposed we will engage our partners as needed to develop and deliver necessary patches. The Priv came with an all-plastic build but was characteristic BlackBerry in that it came with a hardware 4-row QWERTY keyboard.

isis-killer-beheading-video-story-top Lorenzen Wright's ex-wife arrested in connection with his murder
Dec 17, 2017 - 01:10
In November, the Federal Bureau of Investigation found what is believed to be the murder weapon in a lake in Mississippi. The body of Wright , 34, was found badly decomposed in southeast Memphis in July 2010, The Commercial Appeal said.