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By comparison,a maglev bullet train launched in China in Julyonly reached 600km/hr.
The company claims to have carried out over 500 tests in Las Vegas.
In November 2020, the company successfully launched a two-seat prototype ridden by two members of staff.
The hyperloop traveled 500 meters, reaching 172 kilometers per hour within 6.25 seconds.
Ok, the technology works, albeit on a short track and slower than promised.
What is the real progress?
The legislation allows hyperloop companiesto compete for federal fundingfor US-based projects.
As a result hyperloop companies will be able to get funding for safety testing and loans for vehicle manufacturing.
So, wheres my pod ride?
As a technology, the hyperloop is still strictly in the R&D phase.
Most of the efforts by Virgins competitors are strictly in stealth mode.
A sign of hyperloop tech struggling to stay relevant as people focus onautonomous vehiclesandflying taxis?
Weve been given the plans for an impressive disruption to long-distance travel.
But were waiting to see proof of long-term viability compared to maglev trains and other high speed rail.
Virgin Hyperloop has set2027 for the releaseof the first commercial offering.
Whether the world will be ready is the question.
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Story byCate Lawrence
Cate Lawrence is an Australian tech journo living in Berlin.
