Google Co-Founder Page Backing Two Start-Ups Making Flying Cars: Bloomberg

[Ron Burgundy]

Zee.Aero, into which Page has poured more than $100 million since it started in 2010, conducts test flights of its prototype at an airport hangar in Hollister, California, Bloomberg said. Since last year, Page has also been funding another start-up, Kitty Hawk, that is working on a similar competing model, Bloomberg said. Kitty Hawk, which employs about a dozen engineers and has its headquarters about half a mile away from Zee.Aero, is working on "something that resembles a giant version of a quadcopter drone", according to Bloomberg.

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