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Flying car company Kitty Hawk winds down as Wisk Aero continues

Dr.Ev by Dr.Ev
01/31/2023
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According to a report from Insider, sources inside the company said Kitty Hawk had already shut down work on the 100-mile-capable Heaviside vehicle. Insider also reports that Page had become increasingly hands-off from the company but said he was more closely involved with its shift to research and development after the end of the Heaviside project.

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Although Kitty Hawk is shuttering development of its own aircraft, at least one project will live on in its joint venture company with Boeing: Wisk Aero. “Today’s news does not impact Wisk. We remain in a strong financial and strategic position, with both Boeing and Kitty Hawk as investors,” Wisk spokesperson Chris Brown tells The Verge. At the beginning of this year, Boeing sunk another $450 million into Wisk Aero during its last funding round.



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Tags: AeroCarCompanycontinuesFlyingHawkKittywindsWisk
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