Virgin Hyperloop One to build $500M research centre in Spain
Richard Branson-led Virgin Hyperloop One has announced it is planning to build a $500 million research centre in Spain. The 19,000-square-metre centre, which is planned to be open by 2020, will develop and test components for Hyperloop systems to improve safety, the company said. Virgin Hyperloop One will also receive $146 million in public aid to set up the centre.n