ALI Technologies’ Flying Bike Fails To Take Off
Japanese start-up ALI Technologies, which hoped to reimagine urban transport with a futuristic hoverbike, has filed for bankruptcy.
Source: BBC
Its US parent company said the move was part of a planned relocation to California, where it hopes to revive its dreams with a new business partner. ALI Technologies’ hoverbike was heavily publicised – with Prince Albert II of Monaco pictured atop the craft at one point.
Unfortunately, sales fell below expectations. The hoverbike, which executives once said was inspired by Star Wars, resembled a kind of aerial water scooter.
It could fly for about 40 minutes at up to 100km/h (62mph) on a single charge. Chief Executive Daisuke Katano said he hoped it would provide nothing less than a “new method of movement”.
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