Richard Branson bets big on Hyperloop One

UTC

US NEWS FEEDS > TEXAS > AUSTIN >

Hyperloop One has a new investor, a new board member and a new name. Richard Branson’s Virgin Group has invested in the Los Angeles-based startup that’s working on bringing Elon Musk’s vision for a high-speed tubular transportation system to reality — including a possible route in Texas. Terms of the deal were not disclosed, but the figure is high enough to warrant a name change: The company will rebrand as Virgin Hyperloop One in the coming months. And Branson is joining the board to…
...
News Feed:
Austin Business News - Local Austin News | Austin Business Journal

READ MORE: Richard Branson bets big on Hyperloop One



US News Feeds