Is a
Technology attributes
Created/Discovered by
Date Invented
August 12, 2013
Other attributes
Latest Funding Round Date
December 5, 2016
Total Funding Amount (USD)
30,000,000
Wikidata ID
Hyperloop technology was theorized and created by Elon Musk and engineers at his companies SpaceX and Tesla Motors.
Hyperloop consists of a low pressure tube with capsules that are transported at both low and high speeds throughout the length of the tube. The capsules are supported on a cushion of air, featuring pressurized air and aerodynamic lift. The capsules are accelerated via a magnetic linear accelerator affixed at various stations on the low pressure tube with rotors contained in each capsule. Passengers may enter and exit Hyperloop at stations located either at the ends of the tube, or branches along the tube length.
Multiple companies have since been founded to commercialize the technology.
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