https://techcrunch.com/2017/10/12/hyperloop-one-becomes-virgin-hyperloop-one-with-virgin-group-investment/

Hyperloop One has received a significant investment in Hyperloop One – the official figure hasn’t been revealed, but it’s enough that the Hyperloop tech startup, which aims to create networks of high-speed transportation tunnels to various locales across the globe, has changed its name. Virgin Hyperloop One is the entity’s official moniker going forward, which is quite a mouthful.

Virgin Hyperloop One’s rebrand will mean it gains from association with Virgin Group founder Richard Branson, whose high-tech transportation exploits include Virgin Galactic and other space-based ventures. The goal of the company under the rebrand remains the same, and it’ll continue to explore the best places and partners for deploying its high-speed transportation tech, which will zoom pods at high speed down extremely low pressure tubes to reduce trip times over land from hours to minutes.