Virgin Hyperloop is an American transportation technology company that works to commercialize the high-speed technology concept called the Hyperloop, a variant of the vacuum train. The company was established on June 1, 2014 and reorganized and renamed on October 12, 2017. Hyperloop systems are intended to move passengers and/or cargo at airline speeds at a fraction of the cost of air travel. The concept of Hyperloop transportation was first introduced by Robert H. Goddard in 1904. The train was designed to run suspended by magnetic systems in a vacuum tube. The company is currently working on projects around the world.
The original Hyperloop concept is proposed to use a linear electric motor to accelerate and decelerate an air-bearing levitated pod through a low-pressure tube. The vehicle would glide silently for miles at speeds up to 760 mph with very low turbulence. The system is proposed to be entirely autonomous, quiet, direct-to-destination and on-demand. Additionally, as Hyperloop is proposed to be built on columns or tunneled underground, this could eliminate the dangers of at-grade crossings and require smaller rights of way than high-speed rail or a highway. Virgin Hyperloop has made substantive technical changes to Elon Musk's initial proposal and chose not to pursue the Los Angeles–to–San Francisco notional route that Musk envisioned in his 2013 alpha-design white paper.
Highest paying job titles at Virgin Hyperloop include Software Engineer, Vice President, and System Safety Engineer