Hyperloop UPV
The Hyperloop UPV concept is a levitating rail-free pod design. Using magnetic repulsion and air cushioning for levitation is expensive and can produce unpredictable forces. The pod is equipped with a hybrid system of permanent magnets and electromagnet units, being able to control lift, so it can hover from the top of the tube. That way, the pod doesn't need so much electricity to be lifted by itself. Propulsion is obtained through expansion of the air with a nozzle, located at the rear of the pod, achieving speeds of up to 1000 km/h. The turbine recovers energy from the flow allowing a more efficient journey. This clean tube layout is said to cut costs in up to 30% of the whole Hyperloop project (about 180m USD) and the possibility to comfortably fit more passengers.
Hyperloop UPV
The project has its origins in August, 2015, when a team of 5 students of the Makers Community of the Polytechnical University of Valencia decided to take part in a competition organized by Elon Musk, the Hyperloop Design Weekend. This decision was taken as a result of a piece of news that one of them read, in which was said that with Hyperloop, airplanes would be useless for medium-range journeys (about 600 km) and all the universities worldwide were invited to participate in this competition in order to make Hyperloop a reality. 
The Hyperloop Makers UPV team was created in August 2015 when Daniel Orient, aerospace engineering student, read in a piece of news that with Hyperloop, airplanes would be useless for medium-range journeys (about 600 km). When he discovered that Elon Musk was organising a contest to make Hyperloop a reality and that it was open-source, he decided to ask for help to Makers UPV, a local community of makers from Valencia, Spain. That's when Ángel Benedicto, David Pistoni, Germán Torres and Juan Vicén decided to take part on the project and build together their own Hyperloop concept.