Thursday, 9 June 2016

Google's Larry Page Is Spending $100 Million To Build Flying Cars

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Larry Page, one of Google's billionaire cofounders, has been working independently, investing millions of his own money to develop and build flying cars that could change the rules of the game when it comes to transportation, according to a June 9 report in Bloomberg.
There are about 150 employees working next door to Google's headquarters in Mountain View, California working at Page's self-financed company, called Zee.Aero .

In addition, Page has invested in Kitty Hawk, a similarly secretive company headed by Sebastian Thrun, the godfather of Google's self-driving car program . Page's money has now developed a competition for flying car designs with two companies that have offices close to each other.

The Bloomberg report noted Zee.Aero's operations have expanded to include an airport hangar about an hour south of Mountain View, where the company has been regularly conducting test flights.
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