Surprisingly, this test was privately conducted on May 12, 2017 at the company's test track in Nevada, known as the "DevLoop", and they are only now disclosing it.
Upon completion, Hyperloop One says the futuristic transportation module will shoot passengers and cargo across the dessert in an airless tube at speeds up to 750 m.p.h.
"For the first time in over 100 years, a new mode of transportation has been introduced", said Pishevar. "I'm entirely convinced we'll be seeing freight moved in a Hyperloop by 2020, maybe 2019 and our first passengers by 2021".
Hyperloop One posted an emotional video of the test run on its YouTube channel.
"The vehicle coasted above the first portion of the track for 5.3 seconds using magnetic levitation and reached almost 2Gs of acceleration, while achieving the Phase 1 target speed of 70mph". "Hyperloop is real, and it's here now". The company showed a video of a sled speeding through the vacuum Hyperloop tube.
Hyperloop One has been busy on the policy side as well, conducting a competition that got cities across the country to propose their own ideas for how to use the technology to solve transportation problems.
Hyperloop One also shared images of its new pod with The Verge.
"Our team is the only team that is actually making Hyperloop happen, and we've spent more time testing a Hyperloop system than anyone in the world", said Josh Giegel, co-founder and President of Engineering of Hyperloop One.
The company is already starting its next phase of testing, with the goal of hitting speeds of 250 miles per hour on a longer, 1,640-foot test track using its recently revealed XP-1 pod. The 8.5-meter-long (28-foot-long) pods will be made of structural aluminum and lightweight carbon fiber. This is how Hyperloop hopes to achieve its goal of hyper speed travel. While it is investigating 11 possible USA routes, it's likely that the first commercial Hyperloop will be built outside the US, in a country without much existing transportation infrastructure.
Hyperloop One is also looking at possible locations to build a full-scale system.