Hyperloop test is a success
 

A futuristic transit system called hyperloop was successfully tested in the Nevada desert.

A sled powered by electromagnets rocketed to more than 100 miles an hour. It was made by Hyperloop One and has raised $80 million from backers including clean technology venture capitalist Khosla Ventures, high-speed railway SNCF, and GE Ventures.

The big idea is that passengers and cargo will ride a system at velocities approaching 750 miles per hour instead of taking the much slower train.

Brogan BamBrogan, a former SpaceX engineer who co-founded Hyperloop One, called the test a major milestone.

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