In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Munich RE’s entry into the field may help HTT’s competitors like Hyperloop One and Hardt Global Mobility by making an insurance product available to them. Hyperloop One, in particular, will need a lot of coverage when it starts testing its system with people in it, probably next year.
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An interesting investment would be to buy buildings, land or old houses in older cities that might be connected to population centers like New York via Hyperloop. A great example of such a city is Pueblo, Colorado, a decaying steel town full of old houses that is just 114 miles south of one of the nation’s most expensive markets; Denver.
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Interestingly enough, Brockmeyer thinks very little energy will be needed to generate the vacuum necessary to make Hyperloop work. He thinks the system could easily be powered by solar panels and windmills, which could make it extremely cost competitive.
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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.
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The most astounding prediction in the report is that it would take 2 hours and 45 minutes for hyperloop to get you from Los Angeles to New York. If that projection were to come true the airline industry would basically be toast
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