from the world's big
Astronaut company Virgin Galactic will become first to be publicly traded.
- Richard Branson's Virgin Galactic will go public later this year.
- People will be able to buy shares when Virgin Galactic merges with a shell company.
- The company aims to raise enough capital through investment to sustain itself until profitability.
Richard Branson Imagines the Future<div class="rm-shortcode" data-media_id="wsa0sLvX" data-player_id="FvQKszTI" data-rm-shortcode-id="9146c635f7d09e4fb56980618cf366d7"> <div id="botr_wsa0sLvX_FvQKszTI_div" class="jwplayer-media" data-jwplayer-video-src="https://content.jwplatform.com/players/wsa0sLvX-FvQKszTI.js"> <img src="https://cdn.jwplayer.com/thumbs/wsa0sLvX-1920.jpg" class="jwplayer-media-preview" /> </div> <script src="https://content.jwplatform.com/players/wsa0sLvX-FvQKszTI.js"></script> </div> The British entrepreneur's plan to populate outer space.
Hyperloop Transportation Technologies recently unveiled the Quintero One, a hyperloop passenger capsule that can travel at a top speed of about 760 mph.
- Hyperloop Transportation Technologies, or HTT, is one of several companies seeking to build the world's first hyperloop.
- HTT's new passenger pod can carry about 30 to 40 people, and the company plans to test it at a track in France.
- The CEO hopes to have a full-scale hyperloop up and running in about three years.
Artist rendering of a passenger capsule on track.
Image: HTT<p>HTT CEO Dirk Ahlborn hopes to have a full-scale hyperloop running in a few years.</p><p>"In three years, you and me, we can take a hyperloop," he told <a href="https://www.cnbc.com/2018/10/02/ground-transport-at-760-mph-new-hyperloop-passenger-pod-unveiled.html" target="_blank">CNBC</a>, adding that widespread implementation of hyperloop systems could occur within five to 10 years. "It's definitely much sooner than anybody would expect," Ahlborn said.</p><p>Based in California, HTT has said it wants to be the first company to build a hyperloop in the U.S. In February, the company published a <a href="https://www.youtube.com/watch?v=xy_7Az_v0CI" target="_blank">video</a> teasing the possibility of building a hyperloop that would connect Cleveland to Chicago, though Ohio officials said they'll need to complete a months-long feasibility test before HTT could potentially pursue the plans.</p>
Artist rendering of a hyperloop station.
Image: HTT<p>HTT plans to test Quintero One at a track in Toulouse, France. The company has already signed agreements with China, Ukraine and the United Arab Emirates to build full-scale hyperloops in the coming years.</p><p>In addition to HTT, two other companies are vying to build the first full-scale hyperloop in the U.S.: <a href="https://www.cnbc.com/2018/04/29/richard-branson-wants-hyperloop-up-and-running-within-3-years.html" target="_blank">Richard Branson's Virgin Hyperloop One</a>, which he hopes to have ready within three years; and Elon Musk's Boring Company, which recently began building a prototype of a tunnel system that could someday <a href="https://www.theverge.com/transportation/2018/9/13/17856078/elon-musk-boring-company-underground-garage-hyperloop" target="_blank">connect residential garages to a hyperloop</a>.</p>
It turns out Winston Churchill wrote an essay of predictions titled 'Fifty Years Hence'—and while he was off on the timing, some are finally coming true.
Stephen Hawking has accepted an offer to go to space. He's one of the world's most famous scientists, who's been paralyzed due to ALS for much of his life.
Are you a maverick or are you a mouse? Author Julian Guthrie brings us one of the great entrepreneurial adventure stories of our time in 'How to Make a Spaceship'.
It seems ‘a-ha!’ moments might be contagious. Journalist Julian Guthrie’s latest book, How to Make a Spaceship, sprang from an interview she did with Peter Diamandis, chairman and CEO of the X PRIZE Foundation, which designs and launches large incentive prizes to drive radical breakthroughs for the benefit of humanity.