July 1, 2016
Hyperloop technology has been the crown jewel of transportation innovation in recent years. With lofty goals to propel passengers and cargo through a steel tube at over 700 miles per hour, there is no doubt companies vying for this market will have to endure some trying times in the coming years. And unfortunately for Hyperloop One, a major competitor in the fight for fast railways, it seems those trying times have already descended.
Hyperloop One co-founder and chief technology officer Brogan BamBrogan has left the company and many tech news junkies are scratching their head for the reason. The exit came as a surprise to many and, as of yet, has not be explained by the transportation innovation company. BamBrogan will be succeeded by former vice president of engineering, Josh Giegel.
“Hyperloop One is pleased to announce that Josh Giegel has been promoted to President of Engineering and appointed to the Board of Directors,” said Hyperloop One in a statement. “Josh has been a valued engineering leader as co-founder and SVP of Engineering since the company’s inception,” the company said in a statement. “Co-founder and CTO Brogan BamBrogan has decided to take a step back from Hyperloop One. We appreciate everything that he has done to put us on the path to creating the world’s first Hyperloop.”
BamBrogan had once acted as interim CEO for the company, before former Cisco CEO Robert Lloyd came in and took over. While executive shuffling is not new to the world of tech, this corporation game of musical chairs can hardly be looked at as a positive. Hopefully the company will get its bearings and, despite the loss of their eccentric co-founder, will be able to make this Hyperloop technology a reality before their competitor, Hyperloop Transportation Technologies.
Hyperloop One has been making noise as of late for their successful test in the Nevada desert less than a month ago. The test proved more successful than they could have imagined, setting them up for success in the future. And with new materials on the market and plenty of desert to keep testing, we might be seeing these super fast trains sooner than previously predicted.
H / T Recode
Photo: Flickr / TEDxSacramento
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