Hyperloop One Builds World’s First Hyperloop Manufacturing Plant

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Los Angeles-based next generation transportation company Hyperloop One announced that it opened the world’s first Hyperloop manufacturing facility in North Las Vegas today.

The company will use Hyperloop One Metalworks to build and test parts of the prototype DevLoop that it’s building, it said in a press release.

“The ability to have a world-class machine shop in-house give us an advantage to build rapidly and develop the Hyperloop in real-time,” said Josh Giegel, a co-founder and president of engineering.

Hyperloop One is one of several companies trying to bring Elon Musk’s vision of a transportation system run by propulsion to life.

The company became involved in a court battle against four former employees earlier this month, including co-founder Brogan BamBrogan, who accused the company of mismanagement and a violation of their rights as employees. Lawyers for Hyperloop One filed a counter suit.

Caroline Anderson is the finance and banking reporter for the Los Angeles Business Journal. You can follow her @caroline_mander.

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