Kittyhawk, Larry Web page’s flying automotive firm, is grounded for good
The corporate had not too long ago accomplished work on Heaviside, a flying automotive prototype meant to function quietly in denser dwelling areas.
We now have made the choice to wind down Kittyhawk. We’re nonetheless engaged on the small print of what’s subsequent.
— Kittyhawk (@kittyhawkcorp) September 21, 2022
After pivoting to analysis and growth, “the corporate couldn’t see a approach ahead. Laid-off workers have been given 4 months of severance pay,” an unnamed Kittyhawk worker advised Enterprise Insider.
The corporate additionally confronted extra competitors within the electrical vertical takeoff and touchdown plane (eVTOL) house from fellow air taxi builders, together with Archer Aviation and Joby Aviation.
The outfit’s Wisk Aero three way partnership with Boeing is ready to proceed.
“Kittyhawk’s choice to stop operations doesn’t change Boeing’s dedication to Wisk. We’re … excited to see the work they’re doing to drive innovation and sustainability by way of the way forward for electrical air journey,” a Boeing spokesperson advised Globalnews24.eu.