Friday, 14 October 2016

Hyperloop One gains $50 million in funding from DP World Group of Dubai

NORTH LAS VEGAS, NV - MAY 11: People walk through a Hyperloop tube after the first test of a propulsion system at the Hyperloop One Test and Safety site on May 11, 2016 in North Las Vegas, Nevada. The company plans to create a fully operational hyperloop system by 2020. (Photo by David Becker/Getty Images) Hyperloop One is getting even cozier with its partners in the United Arab Emirates. The futuristic transportation system that aims to ship things and people faster than a speeding plane just pulled in $50 million in strategic investment from DP World Group of Dubai, bringing up the total now raised to $160 million. DP World Group is the third largest ports operator in the world and has… Read More

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