The company's first-generation vehicle system allows trains to reach speeds of up to 760 miles per hour by utilizing a vacuum tube. This technology enables the direct movement of freight and people, reducing travel time from origin to destination. Founded in 2014 and headquartered in Los Angeles, California, Virgin Hyperloop aims to revolutionize transportation by connecting cities like metro stops, offering on-demand bookings with no wait time or delays. With zero direct emissions, their hyperloop system eliminates the barriers of distance and time for both people and freight.