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Hyperloop One is reportedly shutting down (techcrunch.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Hyperloop One is reportedly shutting down::One of the longest-running hyperloop startups is reportedly shutting its doors. Hyperloop One, once backed by Richard Branson's Virgin Group, will cease

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[-] Zombiepirate@lemmy.world 14 points 10 months ago

Dubai port operator DP World wound up with majority control of the startup, and pivoted its focus to cargo in early 2022, cutting half the staff at the time and dropping the Virgin moniker.

It makes sense that they'd drop the name Virgin after DP world took over.

[-] VikingHippie@lemmy.wtf 5 points 10 months ago

Missed opportunity, really. Add some collaboration with the British Broadcasting Company and you have "Virgin DP with BBC". Smut seo heaven!

[-] avidamoeba@lemmy.ca 1 points 10 months ago

🙌

this post was submitted on 22 Dec 2023

163 points (96.0% liked)

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