Back فيرجن هايبرلوب Arabic ھایپەرلووپ یەک CKB Hyperloop One German ویرجین هایپرلوپ Persian Hyperloop One French Hyperloop One Hungarian Hyperloop One Kazakh व्हर्जिन हायपरलूप Marathi เวอร์จิน ไฮเปอร์ลูป Thai Virgin Hyperloop Ukrainian

Hyperloop One

Not to be confused with Hyperloop Transportation Technologies.

Hyperloop One
Formerly
  • Hyperloop Technologies (2014–2016)
  • Hyperloop One (2016–2017)
  • Virgin Hyperloop One (2017–2020)
  • Virgin Hyperloop (2020–2022)
Company typePrivate
IndustryTransportation Technology
FoundedJune 1, 2014 (2014-06-01)[1]
Founders
DefunctDecember 31, 2023 (2023-12-31)
Headquarters
Los Angeles, California, U.S.
Key people

Hyperloop One, known as Virgin Hyperloop until November 2022, was an American transportation technology company that worked to commercialize high-speed travel utilizing the Hyperloop concept which was a variant of the vacuum train. The company was established on June 1, 2014, and reorganized and renamed on October 12, 2017.[2]

Hyperloop systems were intended to move cargo and passengers at airline speeds but at a fraction of the cost. They were designed to run suspended by magnetic systems in a partially-evacuated tube.[3] The original Hyperloop concept proposed to use a linear electric motor to accelerate and decelerate an air bearing levitated pod through a low-pressure tube. The vehicle was to glide silently at speeds up to 760 mph (1,220 km/h) with very low turbulence.[4] The system was proposed to be entirely autonomous, quiet, direct-to-destination, and on-demand. It would have been built on elevated structures or in tunnels, free of at-grade crossings and requiring less right of way than high-speed rail or highways.[5]

Virgin Hyperloop made substantive technical changes to Elon Musk's initial proposal and chose not to pursue the Los Angeles–San Francisco notional route that Musk envisioned in his 2013 alpha-design white paper. It demonstrated a form of propulsion technology on May 11, 2016, at its test site in North Las Vegas.[6] It completed a 500 m (1,600 ft) Development Loop (DevLoop)[7] and on May 12, 2017, held its first full-scale test. The test combined Hyperloop components including vacuum, propulsion, levitation, sled, control systems, tube, and structures.[8]

On November 8, 2020, after more than 400 uncrewed tests, the firm conducted the first human trial at a speed of 172 km/h (107 mph) at its test site in Las Vegas, Nevada.[9][10] However, in February 2022, the company abandoned plans for human rated travel and instead focused on freight, firing more than 100 employees amounting to half its total workforce.[11][12] In November of that year the company decided to rebrand, reverting to the name, Hyperloop One.[13]

It was announced on December 21, 2023 that the company would be shutting down on December 31, 2023 because of a number of factors including financial challenges, high interest rates, initial backing and support,[14][15] as well as to its failure to secure any contracts for building a working hyperloop system; it began selling its assets and laying off remaining employees.[16] According to The Verge, all of its intellectual property would shift to its majority stakeholder, major Dubai port operator DP World.[17]

  1. ^ "Fact Sheet And FAQ". hyperloop | one. Archived from the original on September 22, 2017. Retrieved September 22, 2017.
  2. ^ "New Chairman, New Funding, & New Speed Records". Hyperloop One. Archived from the original on December 22, 2017. Retrieved May 5, 2018.
  3. ^ Garfield, Leanna (February 20, 2018). "History of the Hyperloop and pneumatic tubes as transportation". Business Insider. Archived from the original on May 25, 2020.
  4. ^ Opgenoord, Max M. J. (2017). "On the Aerodynamic Design of the Hyperloop Concept" (PDF). 35th AIAA Applied Aerodynamics Conference. doi:10.2514/6.2017-3740. ISBN 978-1-62410-501-2. Archived (PDF) from the original on November 12, 2020. Retrieved January 5, 2024.
  5. ^ "Hyperloop One web site". Archived from the original on August 20, 2016. Retrieved July 13, 2016.
  6. ^ "Hyperloop Futuristic Transportation System Has Its 1st Public Demo". NPR. May 11, 2016. Archived from the original on July 24, 2018. Retrieved April 5, 2018.
  7. ^ "Photos: Hyperloop One Shows Off 'DevLoop' Test Tube in Nevada". Inverse. March 7, 2017. Archived from the original on July 30, 2017. Retrieved July 14, 2017.
  8. ^ Cite error: The named reference wired_2017-07-12 was invoked but never defined (see the help page).
  9. ^ "Virgin Hyperloop hosts first human ride on new transport system". The Times of India. November 9, 2020. Retrieved November 10, 2020.
  10. ^ "First Manned 'Hyperloop Technology' Test in Las Vegas". November 9, 2020. Retrieved January 15, 2021.
  11. ^ Yoonji Han (Feb 21, 2022), "Virgin Hyperloop lays off half of its employees as it pivots away from passenger travel", Business Insider
  12. ^ (February 21, 2022), "Virgin Hyperloop axes half its staff in focus on freight" Archived February 28, 2022, at the Wayback Machine, The New York Ledger
  13. ^ "Virgin pulls its name from Hyperloop One". Engadget. November 4, 2022. Retrieved November 6, 2022.
  14. ^ O'Kane, Sean (December 21, 2023). "Hyperloop One is reportedly shutting down". TechCrunch. Retrieved December 22, 2023.
  15. ^ "Virgin's Hyperloop Venture Collapses Amid Financial Struggles". OilPrice.com. Retrieved December 27, 2023.
  16. ^ McBride, Sarah (December 21, 2023). "Hyperloop One to Shut Down After Failing to Reinvent Transit". Bloomberg. Retrieved December 21, 2023.
  17. ^ Hawkins, Andrew J. (December 21, 2023). "The hyperloop is dead for real this time". The Verge. Retrieved January 16, 2024.

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