Google co-founder Larry Page's flying car company Kittyhawk shutting down

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Google co-founder Larry Page's Kittyhawk — an automobile company aimed at making flying cars a reality — has announced it will fold after more than a decade of losses.

flying cars a reality,The company, which is now winding down business and preparing to dissolve, specialized in engineering "air taxis," which they proposed as battery-operated aircraft capable of flying, driving and landing in space efficient ways.

"We have made the decision to wind down Kittyhawk. We're still working on the details of what's next," the company announced Wednesday.

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