Tag Archives: Hyperloop

Boring Company will start to build a high-speed transit tunnel in Chicago

Elon Musk have a boring company, but how boring is that company when we know that they are building high-speed express trains? Not much. One of their first contracts is now a reality and people in Chicago can start to look forward to the future at O`Hare International Airport.

Three months after the Boring Company was selected as a finalist in a bid for Chicagos high-speed transit tunnel, the office of Mayor Rahm Emanuel confirmed on Wednesday that Elon Musks Boring Co has been chosen to build the express train that will connect O`Hare International Airport with downtown Chicago.

The Boring Companys transit system, likely in the form of underground high-speed tunnels, will come as a relief to the travelers who currently spend 40 minutes or more and pay as much as $60 for travel by taxi from the Loop, Chicagos downtown central business district, and O`Hare International Airport.

Passengers will be able to travel at high-speed between the two destinations in as little as 12 minutes and at a cost of $20 to $25 per trip.

The transit system will be part of an $8,5 billion overhaul of O`Hare airport. The Boring Company estimates project costs to come in below $1 billion.

The company is near completion on a test tunnel beneath SpaceX and will offer «free demo rides» to the public, barring final regulatory approval.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The new Hyperloop is ready for tests in 2016

As a business man or woman, you know that «time is money». If you want to move from A to B as soon as possible, you will take the plane. Not the train. The plane will spend about an hour, while the train will spend about six hours on the same route.

But what if you can move 800 miles per hour (1,300 km/h)?

An American company called Hyperloop Transportation Technologies (HTT) want to do something with that. They has developed a transportation system based on the Hyperloop concept, which was envisioned by Elon Musk in 2013.

 

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(Click the image to enlarge)

 

The consept of the Hyperloop was popularized by Elon Musk, not affiliated with HTT. The concept was to develop a high-speed, intercity transporter using a low pressure tube train which would reach a top speed of 800 miles per hour, or 1,300 km/h with a yearly capacity of 15 million passengers. That`s fast eh? Not only that. HTT is also planning to develop a slower privatized urban Hyperloop for inter-suburb travel. The hyperloop is built for both cargo and people.

Blade Runner
Blade Runner is the one and only known test rig of its kind. It was designed, fabricated and built by the Hyperloop team with the purpose of testing scaled axial compressor blades and aerodynamic structures in environments down to 1/1000 of atmospheric pressure. Powered by two 2,000 CFM Vacuum pumps, this unique design allows the Hyperloop team to conduct long duration tests while simultaneously adjusting flow variables. The innovative, variable throat geometry allows testing in speeds ranging from subsonic thru supersonic regimes.
Levitation Rig
The Hyperloop Levitation Rig is another unique test stand designed, fabricated and built by the Hyperloop team. This test stand is housed in an 18 cubic meter environmental chamber that is capable of achieving pressures down to 1/1000 of atmospheric. The rotor achieves surface speeds in excess of 300 m/s. These speeds are necessary to simulate Hyperloop’s cutting edge levitation systems that will be adapted for use on the Hyperpod.
The Big Tube
The Big Tube is Hyperloop Tech’s largest piece of hardware. This carbon steel vessel weighs approximately 70,000 lbs, is 50 feet long, and 12 feet in diameter. The Big Tube is used to validate tube design, orifice design, vacuum pass through design, weld design, manufacturing automation, and many more amazing projects. The driving motivation for the Big Tube is to serve as a central test vessel for all future hardware development. As Hyperloop Tech grows, The Big Tube will only get larger since this is the first step to building the loop.

 

hyperloop-sb2

(Click image to enlarge)

 

The idea of lightspeed travel to the masses will begin testing in Nevada desert next year. HTT anounced yesterday that they has entered into agreements to locate their Propulsion Open Air Test (POAT) on an approximately 50 acre site it has secured in the Mountain View Industrial Park in the City of North Las Vegas, Nevada. Wow!

«This decision represents another major milstone in our journey to bring Hyperloop to commercial reality,» said former Cisco president, CEO Rob Lloyd.

Hyperloop is a transportation system in which a full-length tube is built between destinations, with a controlled environment inside the tube allowing people to travel at extremely fast speed. This technology will change the way the world views transportation.

Hyperloop Technologies, Inc, is the world`s next breakthrough in transportation.

The kick off for the testing will take place in the first quarter of 2016.

 

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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication. UA-63539824-1.

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Who is Elon Musk?

 

The mind behind Tesla, SolarCity and SpaceX is the entrepreneur Elon Musk. A man with many plans. He is also the founder of PayPal and Zip2. Widely considered a co-founder of each. He has also envisioned a conceptual high-speed transportation system known as the hyperloop.

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Elon Musk met his first wife Justine Musk at Ontario`s Queen`s University. They married in 2000 and separated eight years later. They have six sons, the eldest of whom, died of SIDS when he was 10 weeks old.

 

In 2012, he ended a four-year relationship with his second wife, British actress Talulah Riley, but in a 60 Minutes interview on March 30,2014 he said he is still happy together with Talulah. In February 11, 2014, Musk was invited to attend a state dinner at the White House.

 

Most of you probably know the story of Steve Jobs (Apple Inc), but Elon Musk is often compared to Steve Jobs and Henry Ford. It can`t be better than that. I personally like people who is thinking big. Really BIG! Thinking they want to go to the moon or into the space. Just like John F. Kennedy.

 

First of all, Elon Musk is an investor. He earned his big money during the financial crises in 1998. This is how succesful investors are doing it. Earning money no matter where the market goes. The most important thing is to be on the right side of the market!

 

Elon Musk was born in Pretoria in South Africa, in 1971, to a Canadian mother and a South African-born British father. He taught himself computer programming and sold the computer code for a video game called Blaster for $500 when he was 12 years old.

 

In 1992, Elon Musk transferred to the University of Pennsylvania where he received a bachelor`s degree in economics from the Wharton School. He stayed on a year to finish his second bachelor`s degree in physics.

 

Then he moved to California to pursue a PhD in applied physics at Standford but left the program after two days to pursue his entrepreneurial aspirations in the areas of the internet, renewable energy and outer space. He became an American citizen in 2002.

 

Musk did not start his business career at Tesla. His fist company was Zip2 which is a web software company. Zip2 developed and marketed an internet «city guide» for the newspaper publishing industry.

 

Compaq acquired Zip2 for US$307 million in cash and US$34 million is stock options in 1999. Musk received 7% or $22 million from the sale, and co-founder of Zip2 was his brother, Kimbal. Now, Mush had money to start a new project.

 

He co-founded X.com, an online financial services and e-mail payment company. One year later, the company merged with Confinity, which operated a subsidiary called PayPal. The original intent was to merge the two systems, but it never happened.

 

Musk favored the PayPal brand over the X.com brand, and PayPal`s early growth was due in large part to a successful viral growth campaign created by Musk. PayPal was acquired by eBay for $US 1,5 billion in stock, in October 2002.

 

PayPal`s largest shareholder was Elon Musk and he owned 11,7% of PayPal`s shares. He pocketed $165 million from the sale, which was good for the next project. His third company was SpaceX. Musk co-founded it with rocket propulsion engineer Tom Mueller in June 2002.

 

SpaceX develops and manufactures space launch vehicles with a focus on advancing the state of rocket technology. The company`s fist two launch vehicles are the Falcon 1 and Falcon 9 rockets, and its first spacecraft is the Dragon.

 

The company was awarded a $1,6 billion NASA contract on December 23, 2008. They designed Falcon 9/Dragon with astronaut transport in mind and the Augustine commission recommended that astronaut transport be handled by commercial companies like SpaceX.

Musk revealed that he was influenced by Isaac Asimov`s Foundation series and views space exploration as an important step in expanding the consciousnes of human life. But why is Elon Musk so interested in the space?

 

He had said that multiplanetary life may serve as a hedge against threats to the survival of the human species. «An asteroid or a super volcano could destroy us, and we face risks the dinosaurs never saw: an engineered virus, inadvertent creation of a micre black hole, catastrophic global warming or some as-yet unknown technology could spell the end of us.

 

He founded SpaceX with $100 million of his early fortune, and he wants to reduce the cost of human spaceflight by a factor of 10. In an interview, he said he hopes to send humans to Mars surface within 10 – 20 years.

 

Tesla Motors was co-founded by Martin Eberhard, Marc Tarpenning, JB Straubel, Ian Wright and Elon Musk, who became involved with the company in 2004, as a Series A investor. They started with the electric car called the Tesla Roadster, with sales of about 2,500 vehicles to 31 countries.

 

They began delivery of its four-door Model S sedan on 22 June 2012. Model X is scheduled to begin production in early 2015. I think many are waiting for that SUV to be released on the minivan market.

 

In addition to its own cars, Tesla sells electric powertrain systems to Daimler for Smart EV and Mercedes A Class and to Toyota for the RAV4EV. Musk was able to bring in both companies as long-term investors in Tesla.

 

Musk provided the initial concept for SolarCity, which was then co-founded by his cousins Lyndon and Peter Rive. Musk remains the largest shareholder and SolarCity is now the largest provider of solar power systems in the United States. The underlying motivation for funding both SolarCity and Tesla is to help combat global warming.

 

Like many other investors, Musk started his own foundation called Musk Foundation, which focuses its philanthropic efforts on science education, pediatric health and clean energy. He is trusted of the X Prize Foundation, promoting renewable-energy technologies.

 

In 2011, he visited Soma City in Fukushima, Japan, which had been devastated by tsunami, and he donated a solar power project valued at $250,000 to this city. He also donated a solar-power system for critical needs to a hurricane response center in Alabama that had been neglected by state and federal aid. SolarCity is not involved in this state.

 

Elon Musk joined The Giving Pledge in April 2012, offering an ethical commitment to donate the majority of his fortune to philanthropic causes. Musk became a member of the campaign first popularised by Warren Buffet and Bill Gates with class of 12 of America`s wealthiest families and individuals. What a great story!

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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