Thursday, January 24, 2019

Hyperloop Transportation Technologies Claims Commercial Travel By 2022

Los Angeles-based Hyperloop Transportation Technologies, one of a number of companies in the LA area working on Elon Musk's concept of a high-speed transportation system, says it thinks it will have its first, commercial travel systems open to the public by 2022. In an interview with CNBC, the company's CEO, Dirk Ahlborn, said at Davos that it expects to have commercial lines open by 2022, with the ability to "try out" its systems before the end of this year. Hyperloop Transportation Technologies is competing against Virgin Hyperloop One and Elon Musk's Boring Company to try to bring the transportation systems to market.