**go here if you need info on "hyperloop"**
Hyperloop One has $50 million of new funding, and English entrepreneur Richard Branson is its new chairman. The company is now called "Virgin Hyperloop One" (Branson's airline is called "Virgin").
He said, "this groundbreaking technology will change transportation as we know it and dramatically cut journey times . . and I look forward to making history together."
The company has gained a lot of strength since its startup in 2014. Its competition is Elon Musk's Boring Company - though he originally said he would not start a hyperloop business.
Saudi Arabia's Crown Prince met with Branson during his American tour to discuss the possibility of building a route in his country.
photo: latestarabnews.com
(cont'd next Monday)
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