Former Hyperloop One co-founder is back with a challenger
To no surprise, Brogan BamBrogan, the co-founder of Hyperloop One who left the company last summer in a dramatic break-up, is back with a new venture—one directly challenging his former employer.
The details: Arrivo, based in Los Angeles, was founded by BamBrogan along with former SpaceX engineer Jadon Smith, and Nima Bahrami, Knut Sauer, Andrew Liu, William Mulholland, and David Pendergast, and has already raised an undisclosed amount of funding, according to TechCrunch.
Arrivo will focus on the U.S. market, unlike Hyperloop One, which is currently eyeing overseas locations because of the lower regulatory and financial barriers. Arrivo hopes that by first shuttling cargo, it can more quickly establish itself in the U.S. and more easily move up to transporting passengers.
Bigger vision: BamBrogan says transportation is only the beginning for Arrivo.