WASHINGTON, DC Executives from Hyperloop One joined leading policymakers and transportation experts to reveal details of select Hyperloop routes in the United States and to initiate a nationwide conversation about the future of American transportation.

Of more than 2,600 participants in the Hyperloop One Global Challenge, 11 teams presented routes, linking 35 cities and covering more than 2,800 miles. They join 24 other teams from around the globe, each vying to be among 12 finalists. Three eventual winners will work closely with Hyperloop One engineering and business development teams to explore project development and financing.

"Hyperloop One is the only company in the world building an operational commercial Hyperloop system," said Rob Lloyd, Chief Executive Officer of Hyperloop One. "This disruptive technology - conceived, developed and built in the U.S. - will move passengers and cargo faster, cleaner and more efficiently. It will transform transportation as we know it and create a more connected world."

Lloyd said that by year's end the company will have a team of 500 engineers, fabricators, scientists and other employees dedicated to bringing the technology to life. Hyperloop One, he said, will enable broad benefits across communities and markets, support sustainable manufacturing and supply chains, ease strain on existing infrastructure and improve the way millions live and work.

With Hyperloop One, passengers and cargo are loaded into a pod and accelerate gradually via electric propulsion through a low-pressure tube. The pod quickly lifts above the track using magnetic levitation and glides at airline speeds for long distances due to ultra-low aerodynamic drag. This week, the company finalized the tube installation on its 1640-foot-long DevLoop, located in the desert outside of Las Vegas, Nevada; the facility serves as an outdoor lab for its proprietary levitation, propulsion, vacuum and control technologies.

Shervin Pishevar, Executive Chairman of Hyperloop One said, "Now, with Hyperloop One, we are on the brink of the first great breakthrough in transportation technology of the 21st century, eliminating the barriers of time and distance and unlocking vast economic opportunities."

Proposed routes that would greatly reduce passenger and cargo transport times across some of the country's most heavily trafficked regions. The longest distance proposal, Cheyenne-Houston, would run 1,152 miles across four states, reducing to 1 hour and 45 minutes a journey that currently takes 17 hours by car or truck.