Monday, June 13, 2016

Google co-founder invests in flying car technology, website says

GOOGLE-ENCRYPT

The sculpture of a Google Inc.'s Android mobile operating system mascot sits inside the Googleplex headquarters in Mountain View, California, on Feb. 18, 2016. (Bloomberg photo by Michael Short) (Michael Short)

Technology titans such as Elon Musk or Jeff Bezos have a habit of using their personal fortune on their passions, and Google co-founder Larry Page is no exception given his investment into flying cars, according to Bloomberg Businessweek.

Bloomberg reports that Page personally funded Zee.Aero, a company working on a small, electric plane that could take off and land vertically. The blend of driverless car tech and other technical advances has convinced many wealthy people that flying vehicles will be available in the next decade.

"Self-flying aircraft is so much easier than what the auto companies are trying to do with self-driving cars," Mark Moore, an aeronautical engineer who designs advanced aircraft at NASA, told the website. Page is among the few tech titans quietly funding companies researching the flying car tech.

Read Bloomberg's full story.


Source: Google co-founder invests in flying car technology, website says

No comments:

Post a Comment