Virgin and Hyperloop One Announce Global Strategic Partnership

On 12 October 2017 the Virgin Group and Hyperloop One announced that they will be entering into a global strategic partnership focused on passenger and mixed-use cargo service.

Virgin Group have invested an undisclosed amount in Hyperloop One and, as part of the partnership, Hyperloop One’s company name will be changing to Virgin Hyperloop One in the coming months.

Sir Richard Branson will also be joining the company’s Board of Directors.

Sir Richard told the press: “After visiting Hyperloop One’s test site in Nevada and meeting its leadership team this past summer, I am convinced this groundbreaking technology will change transportation as we know it and dramatically cut journey times. Virgin has been known for investing in and creating innovative companies over the years, and I look forward to making history together as we bring Hyperloop to the world as Virgin Hyperloop One.”

He added: “Virgin Hyperloop will be able to transport people from London to Scotland in 45 minutes. I have a funny feeling that I’ll get a lot of satisfaction from people saying it’s transformed their lives.”

Virgin Hyperloop will be able to transport people from London to Scotland in 45 minutes – Sir Richard Branson

The fastest train from London to Edinburgh is currently the new high speed Azuma, manufactured by Hitachi, which will commence service on Virgin Trains’ east coast route in 2018; the new train recently took four hours to complete a test run from London to Edinburgh.

Writer: John Carlo Ottaviani

 

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