02/01/2016 10:49 EST | Updated 02/01/2017 05:12 EST

Hyperloop Could Revolutionize Transportation. Here Is MIT's Winning Design.

COLLEGE STATION, Texas — MIT student engineers won a competition to transform SpaceX and Tesla Motors co-founder Elon Musk's idea into a design for a Hyperloop to move pods of people at high speed.

Massachusetts Institute of Technology, based in Cambridge, Massachusetts, was named the winner Saturday after a competition among more than 1,000 college students at Texas A&M University in College Station.


MIT's design for a Hyperloop high-speed people mover won a competition in College Station, Texas. (Image: MIT)

The Hyperloop is a high-speed ground transport concept proposed by Musk to transport "pods" of 20 to 30 people through a 12-foot diameter tube at speeds of roughly 700 mph (1,126 km/h).

More than 100 university teams presented design concepts to a panel of judges in an event that began Friday.

Mashable reports that Musk made an appearance at the Texas competition, and told the crowd: "I'm starting to think this is really gonna happen. ... It's clear that the public and the world wants something new, and I think you guys are going to bring it to them."


This was SpaceX's initial conceptual design for a Hyperloop passenger transport capsule, shown here at a station ready to take on passengers. (SpaceX via AP)

Delft University of Technology from The Netherlands finished second, the University of Wisconsin third, Virginia Tech fourth and the University of California, Irvine, fifth.

The top teams will build their pods and test them at the world's first Hyperloop Test Track, being built adjacent to SpaceX's Hawthorne, California, headquarters.

With a file from The Huffington Post Canada