Tech Company Signs On to Build First Full-Scale Hyperloop Track Next Year
A crowdfunded tech company called Hyperloop Transportation Technologies just got one step closer to making Elon Musk's dreams come true, as they have just signed on to start construction on the first full-scale hyperloop track sometime next year.
A hyperloop is a hypothetical high-speed transport system first proposed by real-life Tony Stark Elon Musk. In the proposed system, cars would travel in reduced pressure tubes on and be propelled by compressed air. Musk theorized that ideally, the track would be immune to weather, render car crashes a moot point, allow cars to travel twice as fast as a typical jet, drastically reduce power requirements, and have the ability to store energy for 24-hour operations.
Musk has already announced plans to build a small-scale test version of the hyperloop track in Texas, but this would be the first full-scale track ever built. Construction on the track is expected to cost approximately $100,000,000, which HTT plans to raise through crowdfunding in the third quarter of this year. They saved some money on the design, however, as Musk published it for free use.
Granted, this track will only be five miles and will likely only reach speeds of 200 mph at most, which is a far cry from Musk's promise to take people across all of California in half an hour. But it's definitely a step in the right direction. Where Musk's track in Texas is intended to serve as a jumping-off point for research by interested professors and students, HTT CEO Dirk Ahlborn insists that theirs is "not a test track," but a fully functional hyperloop.