Hyperloop One is one company trying to bring to life the futuristic transportation idea of Tesla and SpaceX CEO Elon Musk, which was first detailed in 2013. Here's how the company envisions a hyperloop network: A series of tubes will connect metropolitan areas. Anywhere from 10 to 30 passengers will load into a pod located inside a given tube. The tube is depressurized to as close to a perfect vacuum as possible, eliminating most air resistance. Using the power of magnets, the pods will reach speeds of up to 700 miles per hour.
Essentially, one set of magnets will constantly be pushing away from each other, while another set will be pulling toward each other, allowing the pod to accelerate from a standstill to 60 miles per hour in about 1 second. While those kinds of G-forces are just fine for cargo, though, humans require a bit more subtlety. Hyper loop One engineers think any pods with passengers will accelerate at the same rate as a private plane, allowing those aboard to read, drink their coffee or have a conversation during trips. Hyperloop One hopes to be moving cargo as soon as 2019 and predicts that it will be ready for passengers by 2021. It expects to do a full-scale test of its system late in 2016. The company recently received over $80 million dollars in a second round of funding and also launched the Hyperloop One Global Challenge, a competition among individuals, companies and governments to be the first to host a hyperloop network. Hyper loop One provides the technology; the competitors submit a comprehensive case for how that technology should be used in their location. The deadline for entry is September 15, 2016, with the winner being announced in March 2017.