Hyperloop Technologies drops a new name ahead of its first public track test
May11
At a press event, Hyperloop Technologies today announced several bits of news — including a name change — in preparation for its propulsion open-air test (POAT) on Wednesday. The company — now known as Hyperloop One — announced the closing of an $80 million funding round that should help to propel (no pun intended) the company toward its end-of-year goal of having a minimum viable product for full-scale testing. “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…
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