Kitty Hawk Tests VTOL Drone in New Zealand

Thursday, March 15, 2018 at 09:00 PM ET

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Key Takeaways:

Larry Page-backed startup Kitty Hawk has tested its autonomous electric vertical takeoff and landing (VTOL) drone, Cora, in New Zealand, aiming for the nascent airborne taxi market.
Cora uses 12 rotors for vertical takeoff before transitioning to horizontal flight, designed to cruise at 80 knots for approximately 50 nautical miles.
The project is part of a wider industry movement towards VTOL flying taxis for urban mobility, with Kitty Hawk hoping to bring a production version to market within about three years.

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