Built to international standards, the railway will link the principal centres of trade, industry, manufacturing, production, logistics, population and all the major import and export points of the United Arab Emirates as well as form an integral part of the Gulf Cooperation Council (GCC) railway network.
Virgin Hyperloop One is a startup aiming to commercialize a high-speed transportation concept called Hyperloop. Formed in 2014 by venture investor Shervin Pishevar as Hyperloop Technologies, it was renamed Hyperloop One soon after. Billionaire Richard Branson invested in the startup in 2017, became its chairman, and rebranded it as Virgin Hyperloop One.
The idea for Hyperloop came from Space X and Tesla chief Elon Musk back in 2013. Musk believed that small pods running at high speeds could carry passengers or cargo in a frictionless, air-resistance free tube. The pods would theoretically reach speeds of up to 760 miles per hour, drastically reducing land travel times.
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