Hyperloop Transportation Technologies
| Industry |
High-speed transport Crowdsourcing |
|---|---|
Key people |
Dirk Ahlborn (CEO) Paul Coleman Andrew Quintero[1] Jamen Koos |
| Website |
hyperlooptransp |
Hyperloop Transportation Technologies, also known as HTT, is an American research company formed using a crowd collaboration approach (a mix of team collaboration and crowdsourcing)[1] to develop a transportation system based on the Hyperloop concept, which was envisioned by Elon Musk in 2013.[2]
History
The company was founded by JumpStarter, Inc., utilizing the company's crowdfunding and collaboration platform JumpStartFund. The company has assembled a team of community members, attracting high level engineers and contributing corporations[3] including Ansys for computer simulation resources[4] and GloCal Network Corporation and UCLA Architecture & Urban Design for developing the social interface for the Hyperloop project.[5]
A December 2014 article in Wired revealed that the development work is being done by approximately 100 engineers who are located across the United States. The members are working in exchange for stock options, and were selected from a group of about 200 who initially applied. The company is not focusing on the Los Angeles-to-San Francisco route that was the baseline of the Hyperloop alpha design from 2013, and will instead consider other routes. As of 2014, the company is projecting the completion of a technical feasibility study in 2015, but also says that they are at least ten years away from a commercially operating Hyperloop.[6]
By February 2015, the company had grown to nearly 200 people, and had announced that it would hold an initial public offering that year to raise US$100 million.[7] HTT also entered a formal agreement with GROW Holdings, the developer of Quay Valley, California, to construct a 5-mile (8 km) demonstration track beginning in 2016.[7]
In August 2015, engineering design and construction firm AECOM began providing engineering services to HTT for the design of the full-scale Quay Valley prototype track.[8]
Project
The concept of the Hyperloop was popularized by Elon Musk, not affiliated with HTT. The project was to develop a high speed, intercity transporter using a low pressure tube train which would reach a top speed of 800 miles per hour (1,300 km/h) with a yearly capacity of 15 million passengers.[9]
HTT also plans to build slower privatized urban Hyperloops for inter-suburb travel.[10]
See also
References
- 1 2 Statt, Nick (August 29, 2013). "Startup wants you to fund Hyperloop, and help design it too". CNET. Retrieved May 27, 2014.
- ↑ Poeter, Damon (October 31, 2013). "Hyperloop Transportation Technologies Wants to Crowd-Source the Future". PC Magazine. Retrieved May 27, 2014.
- ↑ Little, James (October 31, 2013). "JumpStartFund-Backed ‘Hyperloop Transportation Technologies Inc.’ to Publish Next Hyperloop Development Milestones" (Press release). Business Wire. Retrieved January 8, 2015.
- ↑ Chang, Jon M. (October 31, 2013). "Hyperloop Set in Motion, Prototype Design Scheduled for June 2014". ABC News. Retrieved May 27, 2014.
- ↑ Kaplan, Jeremy A. (October 31, 2013). "Company plans to turn Hyperloop dream into hypercool reality". Fox News. Retrieved May 27, 2014.
- ↑ Davies, Alex (December 18, 2014). "These Dreamers Are Actually Making Progress Building Elon’s Hyperloop". Wired. Retrieved December 19, 2014.
- 1 2 Mack, Eric (February 26, 2015). "California is getting a Hyperloop, but not where you think". Gizmag. Retrieved March 2, 2015.
- ↑ Howe, Marc (August 31, 2015). "Engineering Giant AECOM Will Work On Hyperloop Project". CleanTechnica. Retrieved February 3, 2016.
- ↑ "Hyperloop alpha" (PDF). SpaceX. August 12, 2013. Retrieved May 27, 2014.
- ↑ Rogowsky, Mark (December 19, 2014). "Hyperloop Reality Check: Elon Musk's High-Speed Scheme Is Alive And Kicking". Forbes. Retrieved January 8, 2015.