Hyperloop One, the company cofounded by Brogan BamBrogan to speed passengers between two points in interconnected tubes, will today conduct a propulsion open-air test in North Las Vegas.
This historic milestone will be the first of many full-scale tests by Hyperloop One as the company attempts to eliminate the barriers of time and distance.
Prior to the test the company announced that it has already raised $80 million in venture capital financing, and formed a number of key partnerships with a global group of established transportation, engineering and infrastructure firms.
“The overwhelming response we’ve had already confirms what we’ve always known, that Hyperloop One is at the forefront of a movement to solve one of the planet’s most pressing problems,” said Hyperloop One cofounder and executive chairman Shervin Pishevar.
“The brightest minds are coming together at the right time to eliminate the distances and borders that separate economies and cultures.”
In addition to the first propulsion open-air test, Hyperloop One is also launching the Hyperloop One Global Challenge which aims to find individuals, companies and governments who want to develop competitive proposals for using the first hyperloop shuttles.
Hyperloop One has said that it will provide access to its expertise and ecosystem to help develop these concepts and will promote ideas that best demonstrate the transformative power of hyperloop and are most likely to gain government, financial and regulatory support.
Connekt Netherlands, an independent network working to improve mobility in the Netherlands in a sustainable manner, have announced a Dutch National Hyperloop Competition with the objective of finding a national winner that will feed into Hyperloop One’s larger competition.
“We are very pleased to announce that Connekt will run a Dutch National Hyperloop competition as a part of the Hyperloop One Global Challenge,” said managing director of Connekt Netherlands, Nico Anten.
“Our goal is to produce a nationally-coordinated, Government-backed, Dutch entry to the challenge that will effectively showcase the Netherlands as one of the smartest logistics hub and passenger transporters in the world.”
Hyperloop One has said that today’s test is just the first step on the road towards debuting a full-scale system later this year.
The company praised the State of Nevada for seeing the potential in hyperloop technology and for allowing Hyperloop One to quickly develop a test site in North Las Vegas.
“We are proud to show off our progress today and look forward to meeting more milestones on our way to debuting a full-scale system later this year. No one comes close to our progress in commercializing this revolutionary transportation system,” said Hyperloop One cofounder, Brogan BamBrogan.
“We believe that Hyperloop One will develop the next mode of transportation while also providing a significant revenue stream and job opportunities for Nevadans,” added Governor of Nevada, Brian Sandoval.