Hyperloop Technologies Inc. (HTI), one of the two Los Angeles-based startups working to build a futuristic transportation system, announced today that it would join Elon Musk's SpaceX in sponsoring the Hyperloop pod design competition later this month. The company also said it would kick in $150,000 for the winning prizes.
At the end of January, over 1,000 high school and college students will descend on Texas A&M University to present their designs for a Hyperloop pod, which according to Musk's vision would travel up to 760 mph through an elevated, frictionless tube connecting cities. Josh Giegel, VP for design and analysis at Hyperloop Tech, said his company was sponsoring the event to identify the next generation in engineering...
via The Verge
