
By Agency Staff
Kittyhawk, the air-taxi company backed by billionaire Google co-founder Larry Page, will be closing down, dealing a setback to the long-elusive dream of developing flying cars.
“We have made the decision to wind down Kittyhawk,” the company said on Twitter on Wednesday. “We’re still working on the details of what’s next.”
In 2019, Kittyhawk and Boeing formed Wisk, a joint venture focused on aviation. Wisk is remaining operational, according to two people familiar with the decision.
Kittyhawk was founded in 2010 to pioneer the market for so-called eVTOLs — electric vertical takeoff and landing aircraft — with the lofty goal of democratising the skies. The secretive company was run by Sebastian Thrun, a Google veteran who worked on self-driving cars, augmented-reality glasses and other projects….