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.
Hyperloop
Zeleros was founded in Valencia (Spain) in November 2016 by Daniel Orient (CTO), David Pistoni (CEO) and Juan Vicén (CMO), former leaders of the Hyperloop UPV team from Universitat Politècnica de València. The team was awarded "Top Design Concept" and "Propulsion/Compression Subsystem Technical Excellence" by SpaceX at Hyperloop Design Weekend. After building Spain's first Hyperloop prototype with the support of Purdue University, and building a 12-meter research test-track in Spain at the University, the company was awarded in November 2017 the international Everis Foundation prize and wants to develop new technologies for a more efficient and sustainable transportation.