Hyperloop One plans to run the world's first full-size hyperloop test in Las Vegas in the early months of 2017. The full test will take place at Apex Industrial Park in northern Las Vegas, the Las Vegas Review-Journal reported this week.

Hyperloop's promise of 1,100-kilometers-per-hour travel is shaping up to be one of the biggest possibilities for travel innovation this year. Several companies, including Elon Musk's Hyperloop One, are setting their sights on establishing rail systems in Dubai, Russia and the US.

Read More: Inside Dubai's Quest to Build the First Hyperloop

Few partial tests of the hyperloop vacuum rail line have been done so far. Hyperloop One ran a test in May using just the rail and the sled that connects to the passenger or cargo pod. But this test will be the full gamut, including the iconic vacuum tube, that will propel a prototype about 500 meters down a track with magnetic levitation, the Review-Journal reported.