Hyperloop travel time from Austin to San Antonio: 15 minutes
Hyperloop financing structure: Private
Hyperloop use of eminent domain: No eminent domain will be used.
Texas Monthly | Will Texas Soon Be Home To The Fastest Train In The World?
Previously on InformedIntel, 14 July 2016:
Texas Transportation Project Saying No to Eminent Domain. Yes to Profit Sharing with Landowners.
The start up: Transonic Transportation LLC
The rail project: A hyperloop connecting Austin & San Antonio
The use of royalties instead of eminent domain: Instead of acquiring land, the model involves giving dividends and profit sharing to landowners
The pro-private proeprty rights angle: Since hyperloop track would be build on pylons, there is no barrier to access to land, unlike when tracks are laid on the ground.