Canadian-based Transpod claims to have raised $57.11 million (€50 million) from unidentified investors in North America and Italy. There is apparently no connection between Transpod and HyperloopTT or Hyperloop One.Read more
One thing is obvious; Hyperloop Transportation Technologies has found some serious financing.
The most likely source of that money is the French government, another is the aerospace giant Airbus SE (EPA: AIR); or Airbus Group, which is headquartered in Toulouse. Airbus would presumably manufacture the Hyperloop pods which would be similar in construction and design to an airliner.
This might make HTT the most serious and best-financed Hyperloop effort. Those seeking a Hyperloop stock would be well-advised to take a look at Airbus because the company is publicly-traded.Read more
This competition is a SpaceX event. SpaceX has no affiliation with any Hyperloop companies, including, but not limited to, those frequently referenced by the media.Read more
AECOM was hired by Musk himself to build the Hyperloop test track at his SpaceX rocket company in Hawthorne, California, The Verge reported. That track will be used to test the winning pods from Musk’s Hyperloop pod design contest.
To add icing to the cake; news reports indicate that AECOM will build the test track for Hyperloop One at the Apex Industrial Park in North Las Vegas, Nevada.Read more
Hyperloop Technologies Inc., or Hyperloop Tech, is building the first full-scale Hyperloop tube demonstration project in the parking lot of an abandoned truck garage in downtown LA’s seedy Arts District.Read more