The $1.2 trillion infrastructure bill has been signed into law and is expected to offer funding opportunities for the proposed Virgin Hyperloop One project in West Virginia.
Executive Director of Vantage Ventures at WVU Sarah Biller said they will compete for infrastructure money with traditional rail services as an “emerging technology.”
Hyperloop technology would transport people or cargo in pods at more than 600-miles-per-hour.
A $500 million hyperloop certification center was proposed to be built on 800 acres in Grant and Tucker Counties in October of 2020. The online announcement was made by Sir Richard Branson, founder of the Virgin Group, and John Chambers, a West Virginia native and former chairman of Cisco Systems and U.S. Transportation Secretary Elaine Chao.