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Startup Building Elon Musk’s Hyperloop Says The First Track Will Be Ready Next Year

Startup Building Elon Musk’s Hyperloop Says The First Line Will Be Ready Next Year 1 photo
Photo: http://www.theverge.com
When Elon Musk said there is a way to reach more than 700 mph (1,126km/h) commuting through a capsule back in 2013, there were several start-ups claiming they will find a way to get the money to make the Hyperloop become a real thing. One of those emerging high-tech developers was in fact more than serious about it since not only did they find the right funding, but new reports claim they are about to start building the first full-scale test track.
We already told you guys about Hyperloop Technologies and how it appears to be more than just the regular Kickstarter thing. Some of their team members are in fact people with big names in the business, such as the former Space X engineer Brogan BamBrogan, X-Prize founder Peter Diamandis, 2012 Barack Obama re-election campaign manager Jim Messina and others.

Not only are they claiming the team will manage to raise $80 million (EUR70.2 million) by the end of the year, but new reports are saying they already decided on the location where the full-scale Hyperloop testing track will be built. According to The Verge, the crowdfunded company has staked out a five-mile stretch of Quay Valley adjacent to California’s Interstate 5 freeway as a place where the innovative transportation system can be deployed.

A lot of questions left unanswered

Their plans are to build the first functional track until the end of next year as the team claims it will in fact serve as a fast-commuting solution for the people living in the area. With only five miles of track, the craft will top out at just 200 mph (321 km/h) rather than the 760 mph (1,223 km/h) predicted in Musk’s initial project. Yet this is just a start, a prototype the researchers will use to optimize all sorts of things.

Sure, there are a lot of unanswered questions such as where is the company going to get future funding to actually finish the project. Then there’s also the fact that Quay Valley is far from being something real. In case you didn’t hear already, it’s a proposed 150,000-resident solar power city in Kings County, California developed by Kings County Ventures LLC, halfway between Los Angeles and San Francisco.

However, the initial plan of building the largest new town in California is not doing so good. As of April 2010, the Quay Valley project was tied up in litigation over water rights and it is unknown if the project will still be done.
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