“In addition to the student teams, private companies have begun work on various aspects of the Hyperloop project. The most progress has been made by Hyperloop Tech, whose Chief Technology Officer, Brogan BamBrogan, said in an interview at the event that the Hyperloop will be roughly as energy efficient as a conventional train, and much more efficient than high-speed rail or conventional magnetic levitation trains–while moving faster than any of them.” See More . . .
Source: http://fortune.com/2016/01/31/mit-wins-hyperloop-competition-and-elon-musk-drops-in/
By: David Z. Morris