The company will have their Propulsion Open Air Test, as they've dubbed it, on about 50 acres of land in Apex Industrial Park in Nevada.
Testing is expected to kick off in the first quarter of 2016, according to a press release.
“This decision represents another major milestone in our journey to bring Hyperloop to commercial reality,” Hyperloop Technologies CEO Rob Lloyd said in statement. “Hyperloop Technologies will invest first in regions where we receive government advocacy to move fast."
The company partnered with the Nevada Office of Economic Development and City of North Las Vegas to get approval to build on the land.
The goal is to have a functioning Hyperloop system that will travel at 540 km/hour in place by 2020.