Trans Pod wants to change ground-based transportation by sending magnetically levitated trains through vacuum-sealed tubes.

It's a very ambitious and expensive concept that's generated a lot of buzz recently.

We feel like we've seen this kind of design before. Remember theHyperloop?

The concept of the Hyperloop has been around for a long time. Despite millions of dollars in funding, the handful of Hyperloop companies in existence have yet to break any ground.

The company says that its "FluxJet" is a hybrid between an aircraft and a train.

Each Pod is over 80 feet in length and can hold up to 54 passengers. Out in the open, the train is designed to blast through vacuum-sealed tubes, similar to the Hyperloop.

The company is promising technological leaps in power transmission, as well as using a new field of physics called veillance flux, which would allow it to travel along its track at up to 622 mph.

That is considerably faster than any high-speed trains. The company says that passenger tickets will be 44 percent cheaper than plane tickets.

That sounds like a big deal. Initial plans for the first FluxJet are said to be in the works.

At a July event in Toronto, Canada, Trans Pod showed off a scaled-down prototype of the sleek transporter, and some sleek renders.

It's not clear if the company will ever be able to break ground on the project, which would connect the Canadian cities of Toronto and Montreal.

Trans Pod still has a long way to go despite half a billion dollars of funding from British investors.

It will cost $18 billion to build the FluxJet connection.

Virgin Hyperloop One, which has yet to make meaningful strides towards connecting locations despite a ton of hype, remains to be seen.

A Canadian company wants to build a plane that can go over 600 mph.

Musk says the Boring Company will build underground Hyperloops.