BamBrogan's bombastic attitude has served him well in this space, but it is also true that the hyperloop does not exist in the real world. No one has ridden in one, nor is it clear that people will feel comfortable hurling through an airless tube at 760 mph in a windowless pod. And this fantastical vision of the world won't come cheap: leaked documents from BamBrogan's former company recently obtained by Forbes show the cost of building the hyperloop vastly exceed Musk's vision. The route between Dubai and Abu Dhabi would cost $4.8 billion, or $52 million a mile. Musk's original concept in 2013 was an $11.5 million-per-mile hyperloop.
BamBrogan said that Arrivo is currently in talks with unnamed partners in the US and around the world about building hyperloops, but stressed that first and foremost Arrivo would be an American company. This was apparently a reference to the fact that most people assume that the first operational hyperloop will be built outside the US. Hyperloop One and Hyperloop Transportation Technologies, currently the only two startups in the hyperloop space, have made numerous deals with foreign governments, including Dubai, Finland, and Slovakia.
More importantly, this is Brogan's first big move since settling his lawsuit with Hyperloop One, which he filed soon after being booted from the company by his former co-founders. The lawsuit notably came a few short weeks after Hyperloop One conducted its first public test of its technology at a desert site outside Las Vegas.
Brogan told The Verge that he has put that experience behind him, and is totally focused on his new venture. "The lawsuit was settled in November," he said, "we filled out our founding team, and put together a really unique vision for the end-users — which by the way is both cargo and passengers — but it's also going to deliver real economic value for the individual projects."
That founding team includes: Nima Bahrami, who served as vice president for transponics at Hyperloop One for nearly two years; Jadon Smith, a 10-year veteran of SpaceX who has also worked for Lockheed Martin and the CIA; Knut Sauer, former vice president of business development at Hyperloop One; Andrew Liu, senior VP at AECOM Ventures; William Mulholland, former VP of finance at Hyperloop One; and David Pendergast, a former investment banker and assistant general counsel at Hyperloop One.
BamBrogan, Sauer, Mulholland, and Pendergast were named the "Gang of Four" in a countersuit filed by Hyperloop One, which alleged BamBrogan sought more power, failed, and then attempted to sabotage the company. His former co-founders even claimed that BamBrogan attempted to set up his own competing company, going so far as to register the domain name "Hyperloop Two."