First Hyperloop Test Will Soon Occur, Global Challenge Semifinalists Announced

Hyperloop One is moving towards a full system test that it says will occur within the next three months. Along with making that announcement last week, the company revealed 35 semifinalists in its Global Challenge.

The Global Challenge involves teams proposing routes for the Hyperloop transportation system. The 35 semifinalists originate in 17 countries and are just a small portion of the 2,600 entries.

Those teams will pitch their plans at three "showcases" scheduled for February 28 (New Delhi), April 6 (Washington DC), and London (April 27).

Winning teams will work further with Hyperloop One, meaning they'll receive connections in the industry and help with financing.

Hyperloop One, whose tech has turned into a platform over time, wants there to be 3 routes using its technology within five years.