Friday, December 22, 2023
High-speed transportation company Hyperloop One is shutting down, here’s why
Hyperloop One, a high-speed freight transportation company, will shut down by the end of this year. The Los-Angeles-based firm, which completed the world's first passenger ride on a super high-speed levitating pod system in 2020, failed to win any contract to build a working hyperloop. It will sell off its remaining assets and terminate the employment for its remaining workers. Hyperloop One was founded in 2014 and was backed by United Arab Emirates shipping company DP World and British billionaire Richard Branson's Virgin. https://ift.tt/P84huiA
Subscribe to:
Post Comments (Atom)
CyberArk acquires machine identity management company Venafi from Thoma Bravo in a deal valued at around $1.54B; Thoma Bravo bought Venafi for $1.15B in 2020 (Sophie Shulman/CTech)
Sophie Shulman / CTech : CyberArk acquires machine identity management company Venafi from Thoma Bravo in a deal valued at around $1.54B;...
-
Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
-
Andrew Tarantola / Engadget : An adapted excerpt from the book “Your Computer Is on Fire”, on how voice assistants like Siri and Alexa al...
No comments:
Post a Comment