hyperloop-one-tunnel-construction-company-closes-lays-off-employees-bloomberg

Hyperloop One tunnel construction company closes, lays off employees - Bloomberg

 • 45347 переглядiв

The company for high-speed transportation company Hyperloop One will close as it failed to win a single to win a single contract for the construction of a working hyperloop. This was reported by Bloomberg is reported by Bloomberg, according to UNN.

Details

According to the the publication, Hyperloop One, which has developed passenger transportation in an ultra-fast system of levitating capsules, is laying off employees starting January 1, 2024. As of early 2022, the company employed more than 200 people. The company has already closed its office in Los Angeles. The remaining employees who were tasked with to oversee the sale of the assets, were told that their jobs would end on December 31.

A well-known startup, founded in 2014, has raised more than $450 million and built a small test track near Las Vegas. In 2020, they made the first passenger transportation in the world. But for all that time, they have not built a single large-scale hyperloop that actually works. And last year, the startup decided to focus on cargo, not people.

Apple зупиняє продажі Apple Watch Series 9 і Ultra 2 в США21.12.23, 21:58

Since investment, Hyperloop One is now trying to sell the remaining assets, including the to sell the remaining assets, including the test site and equipment.

The intellectual property of the startup will be transferred to the Arab company DP World, which owns a controlling stake in the company.

Optional

The Hyperloop system system uses vacuum and magnets to provide high-speed and nearly silent travel. travel. A trip between New York and Washington was expected to take only 30 minutes - twice as fast as flying on a commercial airplane and four times faster than by high-speed train.

In technology Elon Musk showed interest in the technology. He created The Boring Company, which which promises to build a system of vacuum tunnels between cities that will run capsules with passengers.

It was planned to develop the technology in Ukraine as well. In Dnipro wanted to build a test site for the development of vacuum trains.

Anastasia Ryabokon

Technologies

Popular

Ukrainian “Shchedryk” shines in Chanel's holiday campaign

 • 30891 переглядiв

Billie Eilish is named Apple Music Artist of the Year

 • 73605 переглядiв

S.T.A.L.K.E.R. 2 reaches one million sales in less than half a week after release

 • 78250 переглядiв

Transparency or a screen: how ARMA transfers assets into management

 • 110843 переглядiв

News by theme

Railway service suspended in Germany due to storm

 • 21916 переглядiв

Hyperloop One tunnel construction company closes, lays off employees - Bloomberg

 • 45347 переглядiв

Google Chrome will automatically check password security in the background

 • 34399 переглядiв

Banks increase lending to businesses and households - NBU

 • 24631 переглядiв

WSJ: Nikolai Patrushev organized the elimination of Pryzhyn

 • 25980 переглядiв

Rescued animals from Donetsk region find shelter in Kyiv Zoo

 • 58892 переглядiв

Japan has developed a flying dragon that can extinguish extremely dangerous fires

 • 34158 переглядiв

Berlin says it will not help the Defense Ministry mobilize Ukrainians in Germany

 • 26987 переглядiв