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Larry Page’s Flying Car Startup Kitty Hawk Is Shutting Down

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Kitty Hawk is closing down, the ambitious startup "flying car" funded by Google co-founder Larry Page. 

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STORY BY:  TheInsaneApp.com

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The company announced this in a short LinkedIn post earlier today. 

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Insider reports that sources within the company claimed Kitty Hawk had stopped work on the Heaviside's 100-mile-capable vehicle.

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Insider reports that Page has become less involved in the company's development efforts 

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But is more involved in the shift to research and development after the Heaviside project.

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Kitty Hawk will cease developing its aircraft, but at least one project will continue in the joint venture company with Boeing: Wisk Aero. 

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Chris Brown, a spokesperson for Wisk, tells reporters that we remain in a strong financial and strategic position with both Boeing and Kitty Hawk investors.

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During its last funding round, Wisk Aero received $450 million more from Boeing.

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