A team from MIT won the best overall design award in the first round of the Hyperloop pod design contest, held last weekend at Texas A&M University. About 120 teams participated in the event. The MIT entry focused on speed, braking, stability and levitation. Powerful magnets placed over a conducting plate — the aluminum SpaceX track — will accomplish levitation in an actual pod. The magnets generate lift.
The MIT team’s capsule, which is about 8 feet long and 3 feet wide, weighs about 550 pounds. It’s not meant to hold people or cargo.
LOL! So at the cheapest it will cost $60k to get to California from the East Coast...one way. Nope...
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MIT Team Runs Victory Lap in 1st Hyperloop Competition
Posted by: Richard Adhikari February 3, 2016 02:09 PMA team from MIT won the best overall design award in the first round of the Hyperloop pod design contest, held last weekend at Texas A&M University. About 120 teams participated in the event. The MIT entry focused on speed, braking, stability and levitation. Powerful magnets placed over a conducting plate — the aluminum SpaceX track — will accomplish levitation in an actual pod. The magnets generate lift.
The MIT team’s capsule, which is about 8 feet long and 3 feet wide, weighs about 550 pounds. It’s not meant to hold people or cargo.
I'm saving my allowance for a spaceship instead!