In a company blog post co-founder Josh Giegel said, “The facility is essential as we continue testing and is an incredible asset as we continue on the path towards making Hyperloop a reality. The equipment housed at Metalworks gives us the flexibility and freedom to build rapidly and develop the Hyperloop in real-time.” The company believes having their own factory will allow them to research ways to slash the costs of delivering the technology. The company had another big success in May, earlier this year; they ran a “full-scale test” that saw their test sled hit 116 miles per hour in a mere 1.1 seconds. If all goes well as Hyperloop One builds Devloop, testing of the revolutionary prototype could occur as early as next year.