Virgin Hyperloop One formerly known as Hyperloop One, is an American transportation technology company that was formed in 2014, and reorganized and renamed in 2017, working to commercialize the high-speed technology concept called Hyperloop.
Virgin Hyperloop One is the first and only company that has built a full scale hyperloop system. It is spearheading the first revolution in transportation in 100 years through the movement of freight and people safely at unprecedented speed, on-demand, and direct from origin to destination. Passengers or cargo are loaded into the hyperloop pod vehicle and accelerate gradually via electric propulsion through a low-pressure tube that glides above track through magnetic levitation at airline speeds for long distances due to ultra-low aerodynamic drag. Designed to be inherently safer and more reliable than maglev or high-speed rail, travel by hyperloop has no threat of at-grade crossings (by far the leading risk posed by trains), and there are no interactions with other forms of transport or wildlife.