Flying car company Kitty Hawk winds down as Wisk Aero continues

  • 📰 verge
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Canada Canada Headlines News

Canada Canada Latest News,Canada Canada Headlines

Kitty Hawk was funded by Google co-founder Larry Page to develop electric aircraft for taxi and personal travel, but now it’s closing up shop. A joint venture building an autonomous flyer with Boeing — Wisk Aero — is still active.

Kitty Hawk, the ambitious “flying car” startup funded by Google co-founder Larry Page, is winding down, which the company confirmed in a brief post on LinkedIn earlier today. According to a report from Insider, sources inside the company said Kitty Hawk had already shut down work on the 100-mile-capable Heaviside vehicle.

We remain in a strong financial and strategic position, with both Boeing and Kitty Hawk as investors,” Wisk spokesperson Chris Brown tells The Verge. At the beginning of this year, Boeing sunk another $450 million into Wisk Aero during its last funding round. Kitty Hawk revealed itself in 2017 when the company released a video of its “Flyer” personal transport vehicle, ahead of another autonomous aircraft it developed called Cora, which spun off to become Wisk Aero.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in CA

Canada Canada Latest News, Canada Canada Headlines