Image Source - Twitter

Kitty Hawk, Larry Page’s flying automobile firm, is closing operations

Although Kitty Hawk is discontinuing its own aircraft development, at least one project will continue in its joint venture business with Boeing: Wisk Aero. “Today’s news has no bearing on Wisk.” “With Boeing and Kitty Hawk as investors, we remain in a solid financial and strategic position,” Wisk spokesman Chris Brown stated. During its most recent fundraising round, Boeing invested an additional $450 million in Wisk Aero.