Virgin Hyperloop One announced its plan to build a $500 million certification center to advance its vision of the future of high-speed transportation in West Virginia. The state will serve as a locus for testing, developing, and validating the technology that underpins the still-theoretical hyperloop system.
There is no fully functional hyperloop in the world, and it has never been tested with human passengers. But the federal government has recently laid out the framework for regulating the hyperloop, giving hope to companies like Virgin Hyperloop One that it may eventually break ground on a full-sized operational hyperloop system. To do so, it will still need to raise millions of dollars in funding, acquire the enormous tracks of land, and certify that the hyperloop can be operated safely. Which is all to say, the hyperloop is still very far off.