Monday, December 22, 2014

Around 100 part time engineers are using crowd powered incubator to develop Hyperloop

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A new firm, Hyperloop Transportation Technologies, is developing plans to makes the tubes a reality - and it has recruited experts from around the world.



The crowdsourced firm has around 100 engineers on the projects, and nearly all of them have day jobs at companies like Boeing, NASA, Yahoo!, Airbus, SpaceX, and Salesforce.



The developers estimate an up-and-running Hyperloop can built in just 10 years.



They are using Jumpstartfund to incubate the company and publish a new crowdstorm document. JumpStartFund is a crowd-powered incubator that allows entrepreneurs to build communities of experienced professionals around their projects. Both an equity and rewards-based crowd platform, JumpStartFund helps startup companies and a wide variety of projects. Using the disruptive power of the crowd to vote, comment and contribute on ideas in development, the platform is designed to help create companies that might not have been. Founding members have been part of the Girvan Institute of Technology, a non-profit, public benefit corporation chartered to facilitate the transfer, development and commercialization of technologies, and to foster the growth of early-stage high-tech companies. JumpStartFund's primary mission is to help both entrepreneurs and investors leverage the power of the Internet to make it easier for companies to succeed.








Hyperloop Transportation Technologies is a company formed to design and eventually build the fanciful transportation system envisioned by Tesla and SpaceX CEO Elon Musk HTT/Jumpstartfund



Ahlborn doesn't expect to have the technical feasibility study finished until mid-2015, but he decided to show off what his team has done so far to coincide with the midterm break of the design group at UCLA. So far, the team has made progress in three main areas: the capsules, the stations, and the route.



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Reposted via Next Big Future

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