Larry Page's electric air taxi startup is winding down | CNN Business

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Larry Page's electric air taxi startup is winding down | CNN Business
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Kittyhawk, the electric air taxi startup backed by Google co-founder Larry Page, has announced that it plans to “wind down” operations.

Kittyhawk, the electric air taxi startup backed by Google co-founder Larry Page, announced Wednesday that it plans to “wind down” operations. “We have made the decision to wind down Kittyhawk. We’re still working on the details of what’s next,” the company wrote in a brief statement shared on its LinkedIn and Twitter pages. Kittyhawk did not immediately respond to a request for further comment.

Page, one of the world’s richest men, was said to have invested $100 million in flying car startups, including Kittyhawk. Flyer was ultimately retired in 2020, after more than 25,000 successful test flights, according to the company, and it reportedly laid off many of those who had been working on Flyer at the time. The company launched other electric aircraft prototypes and announced a partnership with Boeing in 2019.

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