Business

Virgin Hyperloop One sets new speed record

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The recently rebranded Virgin Hyperloop One broke its previous speed record a few days ago. The test run conducted was the third one this year. The unmanned magnetically-operated pod managed to reach a top speed of 240 mph (386 km) and obviously, this is a significant achievement as its previous record stood at 192 mph (308 km). If the ideal conditions are present and no problems are encountered, in theory, The Virgin Hyperloop One is projected to reach a maximum speed of 700 mph (1,126 km). An additional 1.2 miles of track will supposedly help the test vehicle achieve its target speed. Nevertheless, the company seems to be happy with latest results of their magnetic-propulsion experiment.