Hyperloop Transportation Technologies, also known as HyperloopTT, is an American research company formed using a crowd collaboration approach (a mix of team collaboration and crowdsourcing)[3][4] to develop around the world[5] commercial transportation systems based on the Hyperloop concept.[6]
The concept of the Hyperloop was popularized in 2013 by Elon Musk, not affiliated with HyperloopTT.[7][8] The project was to develop a high speed, intercity transporter using a low pressure tube train which would reach a top speed of 800 miles per hour (1,300 km/h) with a yearly capacity of 15 million passengers.[9][10][11]
HyperloopTT also plans to build slower, urban Hyperloops for inter-suburb travel.[12]