Virgin Hyperloop (formerly Hyperloop One) was a transportation company focused on developing hyperloop technology, a high-speed transportation system for passengers and cargo. It aimed to create pods that travel through low-pressure tubes at speeds of up to 700 mph. While not directly involved in space launch or satellite technology, Virgin Hyperloop explored technologies like electromagnetic levitation and low-pressure environments, with potential applications in space-related transport systems. Virgin Hyperloop ceased operations as of December 21, 2023.
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Virgin Hyperloop aims to be safety certified by 2025 and begin commercial operations by 2030 with a 100% electric system.
Virgin Hyperloop has been testing and developing hyperloop technology at a full-scale test site for several years.
Virgin Hyperloop and Bangalore International Airport Limited signed a Memorandum of Understanding to conduct a feasibility study for a proposed Hyperloop corridor from Kempegowda International Airport.
Mr. Jay Walder, CEO of Virgin Hyperloop, stated that Karnataka is embracing hyperloop technology to support clean growth and open new opportunities.
The Memorandum of Understanding was exchanged virtually between Sultan bin Sulayem, Chairman of Virgin Hyperloop, and T.M. Vijay Bhaskar, Chief Secretary of the Government of Karnataka.