Hyperloop Transportation Technologies Opening Facility In France

Los Angeles-based Hyperloop Transportation Technologies, one of the two companies in Los Angeles working on advancing Elon Musk's Hyperloop concept for rapid transportation between cities through essentially giant pneumatic tubes, says it is opening up a 3,000-square meter facility in Toulouse, France. The new facility will be at the Francazal Airport, a former military based in Toulouse. In the video announcing the new facility, French officials said that Toulouse is the European capital of aeronautics and space. HTT is led by Dirk Ahlborn, and was spun out of JumpStartFund.