In a BBC interview in 2018, then Virgin Hyperloop One boss Rob Lloyd, who has since left the firm, said the speed would in theory enable people to travel between Gatwick and Heathrow airports, 45 miles apart on opposite sides of London, in four minutes.
Virgin Hyperloop has said they aim to be safety certified by 2025 and running commercial operations by 2030.
'I had the true pleasure of seeing history made before my very eyes, ' said Virgin Hyperloop chair Sultan Ahmed Bin Sulayem. Other companies working on hyperloop tech include Hyperloop Transportation Technologies, which is based in Los Angeles and Dubai, as well as Hardt, which is based in the Netherlands. The pod achieved speeds of 107 miles per hour, and the trip took 6.25 seconds.
This means that the pods do not experience friction against any kind of rail, nor any air resistance - such which act to limit the speed of conventional trains. But it was "much smoother than I expected", Luchian was quoted in the New York Times as saying.
Virgin Hyperloop still needs to raise enough money for its next project, a six-mile, US$500 million test facility in West Virginia.
Not only does this means significantly less fuel expenditure, but Virgin Hyperloop claims that its pods could travel at speeds of 670 miles per hour in the future - which is faster than a passenger jet and twice the speed at which the fastest train in the world, the Shanghai Maglev, now reaches.
Jay Walder, CEO of Virgin Hyperloop, said: "I can't tell you how often I get asked 'Is Hyperloop safe?'"
'With today's passenger testing, we have successfully answered this question.
Proving this technology is safe for humans is obviously a key consideration for the Virgin Hyperloop team, and on Sunday it was able to take an important step towards that goal.
Hyperloop is a proposed method of travel that would transport people at roughly 700mph between distant locations.
A trip between NY and Washington in the final version of the hyperloop pod as planned would last just 30 minutes - twice as fast as a commercial jet flight and four times faster than a high-speed train, according to Reuters. For safety reasons, Hyperloop tunnels need escape hatches in case of fire.
There are now a number of firms vying to bring the technology to life, including Elon Musk himself, Hyperloop Transportation Technologies, and Virgin Hyperloop One.