Motoring.com has reported that Google Co-Founder Larry Page is currently using his own personal wealth to fund two ambitious startups that are racing to create the world’s first mass-produced flying car.
According to Bloomberg Businessweek, Page has invested over $135 million, since 2010, in a new startup called Zee.Aero and is now channeling some of his own fortune into a company called Kitty Hawk.
Zee.Aero is already at the prototype stage and has been regularly conducting test flights. Kitty Hawk is said to be developing a quadcopter drone.
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