US declaration on UN reform is not organization’s document - LavrovRussian Politics & Diplomacy September 24, 13:34
US not to strike on DPRK as it is aware Pyongyang has nuclear weapon - LavrovRussian Politics & Diplomacy September 24, 13:32
US forces assist Syrian opposition force in crossing IS positionsRussian Politics & Diplomacy September 24, 12:55
Putin discusses Russia’s economy growth with ministersBusiness & Economy September 24, 2:38
Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
MOSCOW, July 20. /TASS/. The US Hyperloop One implementing a vacuum high-speed train project intends to implement the project in Russia despite an internal corporate conflict, Hyperloop One said on Wednesday in a letter to Russian mass media.
"What the company has experienced is an internal problem caused by four individuals emboldened by the success of the company to enrich their personal lives. This issue is a non-factor in our Russian plans or our plans in other parts of the world," Hyperloop One said.
It was reported in mid-July by recode.net website that Brogan BamBrogan, the co-founder and former chief technology officer, has filed a suit against the company. BamBrogan sued the company for wrongful termination, breach of contract, defamation, intentional infliction of emotional distress and assault. Hyperloop One was expected to file a counter-claim, according to sources familiar with the company.
"Hyperloop One remains steadfastly focused on creating the next mode of transportation and is staying on track for testing by the end of year," the company said.
The company "continues to have tremendous interest in pursuing Russian and CIS projects and is working closely with partners to ensure they occur expeditiously," Hyperloop One said.
It was reported earlier Russian Railways are exploring the opportunity of using Hyperloop technology for freight transportation. Investments into the pilot project were estimated at 30-40 bln rubles ($470.5-627.3 mln).