Reddit-born engineering group buys leftovers of failed hyperloop startup Arrivo

Image: rLoop Reddit-born hyperloop and engineering collective rLoop has bought the intellectual property of Arrivo, a fellow hyperloop startup that went out of business last December, The Verge has learned. rLoop co-founder Brent Lessard confirmed the sale, but he would not disclose how much the group paid.
Lessard said rLoop might try to revive some of the deals that Arrivo had been working on, like a test track outside of Denver, Colorado, and that it may hire back some of Arrivo’s form