A few years ago, the world's first flying motorcycle was introduced, and now the Japanese company ALI Technologies has declared bankruptcy.
ALI Technologies has unveiled the world's first flying motorcycle, the XTurismo, to much fanfare, and one that mostly looks like it came out of the Star Wars movies. According to the developers, the so-called hoverbike can fly at speeds of up to 100 km/h and can stay in the air for 40 minutes on a single charge. Of course, the manufacturer did not provide all this for free: in 2021, it asked for approximately 300 million HUF.
Although the company's trajectory rose like a comet, its story ended like a meteorite, as ALI Technologies recently filed for bankruptcy. Reports according to The startup's annual net loss was about $13 million. This is almost three times its revenue for 2022. He identified the main reason for the company's financial collapse as the fact that it was unable to maintain its operations amid ever-increasing research and development costs. The company's website has already been shut down after declaring bankruptcy.
Tokyo is the most populous urban area in the world, with a population of about 12 million people, and another 33-36 million people live in the agglomeration. There are at least a hundred projects around the world, the goal of which is to relieve traffic in major cities with the help of floating vehicles.