Hyperloop One is reportedly shutting down | TechCrunch
techcrunch.com
One of the longest-running hyperloop startups is reportedly shutting its doors. Hyperloop One, once backed by Richard Branson's Virgin Group, will cease

Hyperloop One is reportedly shutting down::One of the longest-running hyperloop startups is reportedly shutting its doors. Hyperloop One, once backed by Richard Branson’s Virgin Group, will cease

  • Poutinetown@lemmy.caEnglish
    9·
    11 months ago

    DP World will wind up with Hyperloop One’s intellectual property, Bloomberg reports, while the rest of its hard assets — including a test track outside Las Vegas and other machinery — will be sold off.

    Wonder how much of the value (if any) was in the IP, which will be solely owned by a company mainly focused on maritime trade.