Dave Knott quotes a report from CBC.ca: Hyperloop One (formerly known as Hyperloop Technologies) conducted a successful test of its high speed transportation technology Wednesday in the desert outside Las Vegas. The seconds-long, outdoor demonstration featured what appeared to be a blip of metal gliding across a small track before disappearing into a cloud against the desert landscape. A fully operational hyperloop would whisk passengers and cargo in pods through a low pressure tube at speeds of up to 1,207 kph (750 mph). Maglev technology would levitate the pods to reduce friction in the city-to-city system, which would be fully autonomous and electric powered. A day earlier, the company had announced the closing of $80 million in financing and said it plans to conduct a full system test before the end of the year.