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Google Founder Backs Flying Cars

Google Founder Backs Flying CarsGoogle Founder Backs Flying Cars

Google co-founder Larry Page is backing two startups that are working on flying cars. Zee.Aero, into which Page has poured more than $100 million since it started in 2010, conducts test flights of its prototype at an airport hangar in Hollister, California, Bloomberg said. The startup has a manufacturing facility at NASA’s research center near Mountain View. Since last year, Page has also been funding another startup, Kitty Hawk, that is working on a similar competing model. Kitty Hawk, which employs about a dozen engineers and has its headquarters about half a mile away from Zee.Aero, is working on “something that resembles a giant version of a quadcopter drone”, according to Bloomberg. Page, who is referred to as the guy upstairs (GUS) by Zee.Aero employees, demanded his involvement in the startup should stay hidden. Page, Zee.Aero and Kitty Hawk could not be reached, according to the US news agency.

 

Financialtribune.com