HyperloopTT’s Virtual Collaboration Aims To Revolutionize Transportation [Forbes]
AECOM (ACM)
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Source: Forbes
Artist's rendering of the HyperloopTT tubes and capsulesImage courtesy Hyperloop TechnologiesWhen Elon Musk threw down the gauntlet with his 2013 white paper, “Hyperloop AlphaHyperloop Technologies (HyperloopTT) is one of a number of companies that arose to with an eye toward commercializing the concept. HyperloopTT was founded in 2013 by Dirk Ahlborn. The company has raised $50 million over four funding rounds to support its ongoing development work, and has built a full-scale test facility in Toulouse, France.Of its competitors, Virgin Hyperloop One has raised the most, with funding totaling over $350 million. Also in the game are TransPod, DGWHyperloop, and AECOM, along with other companies and university-affiliated groups.New take on an old ideaMost Popular In:The ideas behind the Hyperloop concept aren’t new. Ahlborn, who now serves at HyperloopTT’s Chairman, explained: “This is not something Elon invented. The concept has been around about 200 years, and got its start in scien
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