Hyperloop Transportation Technologies
Hyperloop Transportation Technologies, also known as HyperloopTT, is an American research company formed using a crowd collaboration approach (a mix of team collaboration and crowdsourcing) to develop around the world commercial transportation systems based on the Hyperloop concept.
Company type | Private |
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Industry | |
Founded | November 2013 |
Headquarters | Playa Vista, California, U.S. |
Key people |
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Number of employees | 50 |
Website | www |
The concept of the Hyperloop was popularized in 2013 by Elon Musk, not affiliated with HyperloopTT. The project was to develop a high speed, intercity transporter using a low pressure tube train which would reach a top speed of 800 miles per hour (1,300 km/h) with a yearly capacity of 15 million passengers.
HyperloopTT also plans to build slower, urban Hyperloops for inter-suburb travel.
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