Quay Valley, California
In March 2015, Dirk Ahlborn, the CEO of Hyperloop Transportation Technologies (HTT) in El Segundo, California announced a plan to build a hyperloop test system at the Quay Valley site. Ahlborn indicated that construction could begin in 2016 to be completed in 2017 with the first rides to begin in 2018 if his company can raise $100 million in funding. The company has said that this track will be a fully working and operational creation of the hyperloop, but that running speed will be reduced on the shortened track from Hyperloop's full potential. It is not decided whether a 5-mile loop or straight section will be constructed, and it may cross the Interstate bisecting the site. Ahlborn said that speeds up to may be possible. Quay Hays expects to break ground on the new community in 2016, including a working version of the Hyperloop, estimated to cost $100–150 million.
Virgin Hyperloop One
In 2016, Hyperloop One launched its Hyperloop One Global Challenge to find the locations for, and develop and construct, the world’s first Hyperloop networks. In January 2017, Hyperloop One announced the 35 semifinalist routes (spread over 17 countries) in the Hyperloop One Global Challenge. Hyperloop One held a series of events showcasing the semifinalists, Vision for India in February, Vision for America in April and Vision for Europe in June. 
On September 14, 2017, Hyperloop One announced the 10 winners for the Hyperloop One Global Challenge. The countries with teams that won include the US, UK, Canada, Mexico, and India. The winners will now be invited to work closely with Hyperloop One on viability studies to try and bring their respective loops from proposal to reality.