"HyperloopTT, a Los Angeles-based company that operates a licensing platform for hyperloop technology, yesterday announced plans to merge with Forest Road Acquisition Corp.
Following the merger’s closing, the new company will go public as Hyperloop Transportation Technologies, HyperloopTT officials said in a press release. Current HyperloopTT CEO Andres de Leon will stay in his executive role, along with other management employees."
Funny thing, decades ago when I still subscribed to Popular Mechanics and Scientific American, I fantasized about subways in vacuum tunnels and even long distance trains that would “drop” into straight tunnels that ended in distant continents – gravity doing the work, like pendulums. Half a century later is it happening?