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Hyperloop One

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Richard Branson’s Virgin Hyperloop One is setting up a test track in India

Soon you may be able to make the 93-mile journey from Mumbai to Pune in 25 minutes flat. Virgin founder Richard Branson, Indian Prime Minister Narendra Modi, and Maharashtra Chief Minister Devendra Fadnavis, just announced that Virgin’s Hyperloop One will build an operational demonstration track connecting the 26 million or so people who travel between Pune, the … Continue reading “Richard Branson’s Virgin Hyperloop One is setting up a test track in India”

Richard Branson’s Virgin Hyperloop One is setting up a test track in India
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Report: Virgin Hyperloop One raises another $50 million

The transportation startup based on Elon Musk’s Hyperloop technology has secured another $50 million in funding, allowing it to stay afloat, reports Axios. The funding comes from two existing investors: Russia’s Caspian Venture Capital and Dubai’s DP World. Hyperloop One was founded in 2014 with the goal of making hyperloop transportation tech a reality. The … Continue reading “Report: Virgin Hyperloop One raises another $50 million”

Report: Virgin Hyperloop One raises another $50 million
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With a dramatic flair, Shervin Pishevar resigns from Sherpa Capital amid allegations

Shervin Pishevar, the tech investor who has been accused by multiple women of sexual harassment and misconduct, just resigned from Sherpa Capital, the venture capital firm he cofounded and had worked for as managing director. He has denied the allegations, and last month he filed a lawsuit against Definers Public Affairs, a GOP oppo research … Continue reading “With a dramatic flair, Shervin Pishevar resigns from Sherpa Capital amid allegations”

With a dramatic flair, Shervin Pishevar resigns from Sherpa Capital amid allegations
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The Shervin Pishevar sexual-assault legal saga is getting even crazier

The day after tech investor Shervin Pishevar took a leave of absence from Hyperloop One and Sherpa Capital in the wake of sexual assault and harassment allegations, the firm he accused of orchestrating a “smear campaign” against him struck back with a counterclaim—accusing Pishevar of willfully spreading false information. Last month, just days before Fast Company … Continue reading “The Shervin Pishevar sexual-assault legal saga is getting even crazier”

The Shervin Pishevar sexual-assault legal saga is getting even crazier
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Shervin Pishevar takes leave of absence from Hyperloop One in wake of sexual misconduct allegations

Shervin Pishevar, the cofounder and executive chairman of Hyperloop One and managing director of Sherpa Capital, is taking a leave of absence from those companies in the wake of sexual misconduct allegations. Last week, Bloomberg reported allegations of sexual assault and harassment and earlier last month Fast Company reported on Pishevar’s arrest on suspicion of rape earlier this … Continue reading “Shervin Pishevar takes leave of absence from Hyperloop One in wake of sexual misconduct allegations”

Shervin Pishevar takes leave of absence from Hyperloop One in wake of sexual misconduct allegations
News

Hyperloop One inches toward its 250 mph goal

Hyperloop One reached 190 miles per hour in its most recent full-systems test. The company, which is building a high-speed depressurized tube-based system of transit, is gearing up to reach speeds of 250 miles per hour. “We’ve invented a whole new form of propulsion,” cofounder Shervin Pishevar told CNBC. “So you have propulsion happening, you have levitation happening, and you … Continue reading “Hyperloop One inches toward its 250 mph goal”

Hyperloop One inches toward its 250 mph goal
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