Update: Richard Branson’s Virgin Hyperloop partners with backer DP World to launch logistics startup

Update: This post has been updated to indicate that DP World invested in 2016. The firm is based in the UAE. Virgin Hyperloop One and DP World are launching a new joint venture, DP World Cargospeed, two years after the high-speed transportation technology developer tapped the UAE-based shipping company in a $50 million financing. The … Continue reading Update: Richard Branson’s Virgin Hyperloop partners with backer DP World to launch logistics startup