Hyperloop Transportation Technologies, also known as HyperloopTT, is an American research company formed using a crowd collaboration approach (a mix of team collaboration and crowdsourcing) to develop around the world commercial transportation systems based on the Hyperloop concept.
The concept of the Hyperloop was popularized in 2013 by Elon Musk, not affiliated with HyperloopTT. The project was to develop a high speed, intercity transporter using a low pressure tube train which would reach a top speed of 800 miles per hour (1,300 km/h) with a yearly capacity of 15 million passengers.
HyperloopTT also plans to build slower, urban Hyperloops for inter-suburb travel.
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