"For more than 20 years, Richard and Virgin have been at the forefront of transportation innovation, and a partnership with them feels like a natural fit", Shervin Pishevar, co-founder and executive chairman of Hyperloop One, said in a statement.
Virgin founder Richard Branson will be joining the startup's board of directors, and the strategic partnership will focus on passenger and mixed-use cargo services.
"Ever since our creation, Virgin has been known for disruption and investing in innovative companies", said Branson in a blog post. Last month, Hyperloop One said it had raised an additional $85 million in financing from investors, bringing its total financing raised since its founding in 2014 to $245 million. Now just three high-profile companies are interested in the Hyperloop idea: Hyperloop One, Hyperloop Transportation Technologies and His Muskiness' own Boring Company.
First proposed by Elon Musk in a paper in 2013, Hyperloop transport system revolves around the idea of allowing people to cover more distance in less time through a pod which magnetically levitates in a low-pressure tube and propels at near supersonic speeds (around 1,000kmph).
The pod lifts above the track using magnetic levitation and travels at "airline speeds" for long distances due to ultra-low aerodynamic drag. Since then it spurred on several engineers and start-ups across the world to take on the endeavor, including Hyperloop One. This is still far from the target but is expected to increase as the company moves ahead with the commercialisation phase. At show Hyperloop One is the main organization to have constructed a completely operational framework. The exact size of Virgin's investment has not been disclosed.
Branson's Virgin Galactic was granted an operating license in 2016 to fly its passenger rocketship SpaceShipTwo with the world's first paying space tourists aboard once final safety tests are completed.
Hachette Book Group, one of the country's top publishers, says that it has "terminated" its deal with Weinstein Books. Samantha Bee has a message for all the "creeps" in Hollywood: "We know who you are".
They have 20 points to Sweden's 19. "We knew it would be hard , they're a team that had won four times at home in this group". Goalkeeper Hugo Lloris had little to do until the 37th minute when he was called into action twice in a matter of seconds.
That could end up being in Arizona's wheelhouse since power threats such as 1B Paul Goldschmidt, 3B Mike Lamb and RF J.D. The New York Yankees (+1400) stack up well against the Minnesota Twins (+2800) in the wild-card game.
In a rather mysterious development, scientists have spotted a massive hole in the middle of the frozen Weddell Sea of Antarctica . Many consider this to be a polynya that suffers a change of state, rather than temperature.
The 2018 World Cup's first game will feature hosts Russian Federation on June 14 in Moscow's Luzhniki Stadium. All Iceland needed to do was defeat last-placed Kosovo at home to clinch a berth at Russian Federation 2018.
Workers at the plant are not allowed to leave the compounds without permission and have no access to telephones or email. Information for this article was contributed by Martha Mendoza, Leonardo Haberkorn, Han Guan Ng, Fu Ting, Kelvin K.
In a new interview with CBS News, Ivana spoke of how Trump offered to appoint her as the ambassador to the Czech Republic . Donald and Ivana Trump pose outside the Federal Courthouse after she was sworn in as a United States citizen in 1988.
In the same time-frame, the amount imported from Iraq dropped by 20%, as Iran replaces Iraq as the top supplier to Turkey. In the last week following the Kurdish referendum, Turkey has held joint military exercises with Iraq.
Rodgers and Adams hooked up for a 12-yard touchdown, giving the Packers a dramatic 35-31 win in Dallas . From there, with a touchdown possible and a field goal as a fall-back option, the Packers kept going.
Chris Coleman (Wales): "We're on risky ground if we go in with a game plan of trying to soak the pressure up for 90 minutes". Should Wales win and Serbia fail to beat Georgia , Coleman's men would qualify automatically for Russian Federation 2018.
A further round of sanctions was put in place in 2006 in response to Sudanese forces' actions in the troubled Darfur region. Saudi Arabia has succeeded in persuading the United States administration to lift economic sanctions imposed on Sudan .
Hat-Trick Hero Messi Comments On Superb Display
In the 12th minute of the game, Messi scored his first goal and equalised for Argentina . "The group deserved to qualify". Which country stands a better chance at the World Cup: Argentina or Portugal? Argentina needed him and Messi delivered.
Football Legend, Hall of Famer YA Tittle Dies, 90
Under coach Bernie Moore, LSU had employed a single-wing attack, but that called for a tailback who could run and pass. Tittle was inducted into the Pro Football Hall of Fame in 1971, and his No. 14 jersey is retired by the Giants .
Derek Carr's role Sunday still uncertain for Raiders
Lynch hasn't done much - 45 carries, 151 yards and a touchdown - and he has yet to carry the football at least 20 times in a game. Making matters worse is Derek Carr is out with a back injury for multiple weeks, and EJ Manuel will start in his place.
100000 more Rohingyas waiting to enter Bangladesh: IOM
Myanmar authorities say clashes have stopped, but the exodus continues daily, by the thousands into neighboring Bangladesh. Bloody riots in 2012 forced over 100,000 Rohingya to flee to refugee camps in southeast Bangladesh, where many still live.
Shoulder injury sidelines Smith for T20 series
Indian bowler Bhuvneshwar Kumar was on fire as he dismissed Australian captain David Warner in the first over of the game. Virat Kohli called correctly in the first T20 against Australia at Ranchi and decided that India would bowl first.
Germany and England the latest teams to reach the World Cup
He said: "The tendency is to go with players with first-team experience because you have evidence of how they will react". Michael O'Neill: We were great in the second half, especially after being 2-0 down against that level of opposition.
Everything We Know About the Las Vegas Shooting Suspect
Stephen Paddock's girlfriend Marilou Danley said through her lawyer Wednesday that the Las Vegas gunman was not the man she knew. While Danley was away, Paddock wired $100,000 to an account in the Philippines, according to senior law enforcement officials.
IEA says China remains leader of renewables
While coal is expected to remain the largest source of electricity generation in 2022, its lead over renewables will be halved. By the end of 2016, China had increased its solar PV capacity by almost 800 times, with more than 77 gigawatts now installed.