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Hyperloop One just secured $50 million to make its high-speed, underwater travel system a reality

Hyperloop One just got a little closer to making its vision of a high-speed transit system for cargo a reality. The Los Angeles-based start-up secured a $50 million investment from DP World, the third largest port and terminal operator in the world. As part of the agreement, Hyperloop One and DP World will conduct a feasibility study to see how Hyperloop technology can more efficiently transport cargo to DP World's flagship Jebel Ali port, according to a press release.
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