On Thursday, Hyperloop Transportation Technologies (HTT), a California-based company developing Hyperloop technology, said it would break ground on the futuristic railway in May 2016.
The company also announced that its team has grown to more than 400 members, and it has secured three key partnerships to assist with development of the Hyperloop.
...Earlier this year, HTT announced it had secured the land to build a 5-mile Hyperloop test track just north of Los Angeles in Quay Valley. But it didn't give a clear timeline of when they would begin construction. The company said it plans to have passengers using the system by 2018.
Ongoing work inside of our 1st hyperloop development tube section. pic.twitter.com/q0tkNf9vJQ
— HyperloopTech (@HyperloopTech) August 5, 2015