The company is exploring a hyperloop that could link Raleigh, Durham, Chapel Hill and RTP.
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Officials say travel time between the cities could take less than 10 minutes, and ease traffic too.
"Hyperloop One" is working on projects in a number of other cities. However, development of the system is a ways down the line.
The company doesn't expect to have federal approval to build one until at least 2024.
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To date, it has held hundreds of test runs at its at-scale test track outside of Las Vegas.
Durham and Orange counties previously considered a nearly 18-mile light rail line that would have linked North Carolina Central University, downtown Durham, Duke Hospital and UNC-Chapel Hill.
However, the GoTriangle project was shelved in April due to several factors including escalating costs.