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.
WALLY
Initial start-up costs were projected at $2.9 million, with annual operating costs at $4.8 million. Backers of the project estimate 884,000 rides per year, 1,300 daily, with a fare revenue of $2.4 million. The remainder would be subsidized by state and local governments. The project has received funding commitments from the Michigan Department of Transportation, the Ann Arbor Downtown Development Authority, and the Northfield Township Downtown Development Authority. Attempts to obtain a $1 million grant from the Federal government fell through. Both the University of Michigan and the Ann Arbor offices of the Environmental Protection Agency would pay the fares of any employees who took the train in lieu of commuting. Backers conducted a $150,000 feasibility study of the line, with money pledged by the University of Michigan, the Great Lakes Central Railroad, the Southeast Michigan Council of Governments (SEMCOG), Washtenaw and Livingston Counties. The study reported back that the project is viable, but placed start-up costs at $32.4 million, much higher than initial estimates. Most of the outlay would be for infrastructure improvements. After three years of service the line would become eligible for federal transportation funding.