Published: Fri, March 10, 2017
Markets | By Erika Turner

New images show progress on Hyperloop One high-speed transit system

New images show progress on Hyperloop One high-speed transit system

At the 11th Middle East Rail annual conference in Dubai on Tuesday, CEO Rob Lloyd revealed new images of the 500-meter (1,640-feet) "DevLoop", the world's first full-scale Hyperloop test site.

With regards to the same, the transportation company has today given us a peek at images of its development site, or test track, in the middle of the Nevada desert.

As you can see from the photos, that's a big stretch of tubing, and it looks like they're actually quite far along. Since then, several companies have taken steps to create a hyperloop system, but Hyperloop One will be the first to build a life-size (rather than scale model) test track, according to Ars Technica.

The company says it aims to perform a public trial using the tube in the next four months.

The DevLoop was shown off at a rail convention in Dubai, where the first commercial Hyperloop system is planned to run between the city and Abu Dhabi.

Currently, the Hyperloop One team has built a high-mounted test track, which is 500-meter long and 3.3 meters in diameter.

Park Hotels & Resorts Inc (PK) Lowered to Sell at Zacks Investment Research
Norges Bank bought a new position in shares of Xenia Hotels & Resorts during the fourth quarter worth approximately $22,167,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

The kind of transportation that Hyperloop One is looking to create may seem very much like science fiction and remind some of the mode of transportation that was used in the film Logan's Run, which was able to shuttle passengers between the geodesic domes in the sealed utopian city its inhabitants lived in. The Hyperloop system could offer a safer, lower-maintenance and less energy-intensive transportation option, and it could also drastically reduce commuters' travel time, the company said.

The benefits of Hyperloop travel include higher safety standards than a passenger jet, construction and maintenance costs which are nearly half that than a high-speed rail and energy usage that is similar to a bicycle per kilogram-kilometer, according to Hyperloop One.

"While technology is revolutionizing many facets of our lives, we have not seen a radical change in transportation since the Wright brothers introduced air travel over 100 years ago, " Lloyd said in the statement. Hyperloop would cut that journey time to just 12 minutes.

Since Musk open-sourced his idea, there have been multiple companies and hundreds of academic research teams working on Hyperloop technology, but the leader at the moment seems to be Hyperloop One.

For his part, Musk may have given the Hyperloop concept to others to work on, but he's never backed away from his dream of connecting cities with ultra-fast transport corridors.

Like this: