this post was submitted on 22 Dec 2023
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162
Hyperloop One is reportedly shutting down (techcrunch.com)
submitted 10 months ago by [email protected] to c/[email protected]
18 comments fedilink hide all child comments
 

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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[–] [email protected] 20 points 10 months ago (1 children)

Hsr isn't dead, it's still being actively built, employing thousands of people, still has broad public support and just got a shit ton of funding from the feds. It's over budget and delayed yes but so was the original shinkansen because bootstrapping that kind of project and industrial knowledge is hard.

[–] [email protected] 2 points 10 months ago (2 children)

I would absolutely love for this to be true, but I don't really have faith in a project that has had so many issues. I think there will end up being more cost overruns, more finger pointing, and more failures. I half expect Brightline to both start and finish their LA to Vegas rail before this project comes to its final conclusion.

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

Oh definitely, I don't see it getting to SF before the bright line opens and I don't see it getting to la in the next decade. But the bright line is using more tried and tested technology and methods in a significantly less populated area on an established corridor, while hsr is building from scratch through the heartland of California.

It'll take a long time but it will eventually get done, because there is still a will, not a strong one, to get it done. Most Californians recognize the immense value it will bring and will keep pushing for it.

[–] [email protected] 1 points 10 months ago

Oh definitely, I don't see it getting to SF before the bright line opens and I don't see it getting to la in the next decade. But the bright line is using tried and tested technology and methods, while hsr is building from scratch.

It'll take a long time but it will eventually get done, because there is still a will, not a strong one, to get it done. Most Californians recognize the immense value it will bring and will keep pushing for it.