Virgin Hyperloop inks partnership with Spirit AeroSystems

The collaboration will help solidify the hyperloop prototype utilizing Spirit Aerosystems (SPR +2.7%) engineers, fabricators, builders, supply chain and certification experts, and technicians.

Hyperloop is a new mode of transportation that transports people and freight via pods that accelerate gradually via electric propulsion through a low-pressure tube.

It can travel at speeds approaching 700mph, connecting cities like metro stops – and it has zero direct emissions.