Hyperloop Transportation Technologies, Los Angeles, announced a partnership with the Los Angeles design firm AECOM for help constructing a five-mile prototype track to test the principle of the hyperloop: a transit system that shoots passenger-filled capsules at hundreds of miles an hour over long distances through low-pressure tubes.
AECOM won’t be paid in the same way as on its other jobs, but will instead operate like HTT’s 400 other team members, all of whom are unpaid and work on a part-time basis in exchange for stock in the company while keeping their day jobs, said HTT CEO Dirk Ahlborn in a Business Insider article. He added that HTT secured land for the test track in Quay Valley, Calif.