Larry Page's autonomous air taxi 'Cora' flies in New Zealand

Larry Page's autonomous air taxi 'Cora' flies in New Zealand

Larry Page's autonomous air taxi 'Cora' flies in New Zealand

The publication said Kitty Hawk doesn't intend to sell their VTOL planes, but rather operate the commercial network.

Kitty Hawk, the flying-car startup backed by Google co-founder Larry Page, just unveiled its first vehicle, named Cora, and revealed where it might start flying first.

This time around, though, Kitty Hawk's ambitions are bigger.

Heads up on the UK Spring Statement due later in the day
One year ago today, Hammond confounded expectations by switching the Budget - the main financial event of the year - to autumn. The chancellor has hinted that he will increase spending on public services when he delivers his budget in the autumn.

The all-electric Cora uses 12 fans to take off and land vertically. The cabin will seat two passengers. Kitty Hawk will set up its New Zealand operations through a local subsidiary called Zephyr Airworks.

New Zealand is focused on becoming "net carbon zero" by the year 2050, which is why prime minister Jacinda Ardern embraced the emissions-free transportation project. Most times you hear about flying cars, the news is coming from the Middle East or other areas that aren't really seen as leaders in terms of aviation regulation.

Kitty Hawk and other companies now pursuing autonomous electric taxi services still face significant regulatory hurdles in the U.S. before the unique business models can become a reality.

Palestinians slam USA announcement to hold conference on Gaza crisis
A separate security source in Gaza said the convoy was also fired on by unknown gunmen at the time of the explosion. The blast occurred shortly after the convoy entered Gaza, but no injuries were reported, said the sources.

"We have a lot of work to do and we are working constructively with regulatory authorities", the Cora team, formerly known as Zee.Aero, says on its fact sheet.

The New York Times pointed out almost every prediction about how fast air taxis would take to the skies has been wrong - it remains to be seen if Kitty Hawk will be able to deliver.

Flying cars, autonomous or otherwise, have picked up major traction in the last few years. It looked less like a auto than a jet ski with wings. Alphabet's own Waymo has been betting on putting autonomous vehicles on public roads, while Uber is hedging its bets with both autonomous driving options and air taxis, though both of those are still years away from being fully commercialized.

Korea's Spy Chief Meets Japanese Foreign Minister to Brief on N. Korea
Moon and Kim are expected to talk about a proposal for restarting communications between the North and South Korean militaries. In Beijing, Chung expressed thanks for China's role at a meeting with its top diplomat, State Councillor Yang Jiechi.

Related news