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Hyperloop One rebrands as ‘Virgin Hyperloop One’ after investment by Richard Branson

The Verge Thursday, 12 October 2017 ()
Hyperloop One rebrands as ‘Virgin Hyperloop One’ after investment by Richard BransonHyperloop One just got a major vote of confidence from one of the world’s most recognizable billionaire industrialists not named Elon Musk. Virgin Group founder Richard Branson is investing in the super fast transport system and will be joining Hyperloop One’s board of directors, the two companies announced today. As a result, the company is rebranding as “Virgin Hyperloop One.”

#FindingMyVirginity is all about embarking on new challenges. Well, introducing @Virgin @HyperloopOne https://t.co/aDUQO5WC4R pic.twitter.com/bAopBGK0JF

— Richard Branson (@richardbranson) October 12, 2017

“As a train owner, I felt this is something that I want to be able to operate,” Branson said to CNBC. “At the moment our trains are limited to 125 miles...
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News video: Richard Branson's Virgin Group Invests In Hyperloop One

Richard Branson's Virgin Group Invests In Hyperloop One 01:18

On Thursday Hyperloop One - the California-based company working on a high-speed transit system similar to one that Elon Musk first outlined in 2013 - announced that it had struck an investment deal with Richard Branson's Virgin Group. The agreement involves the company rebranding to be called...

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