Watch Google co-founder's Kitty Hawk Cora electric aircraft in flight

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As it turns out, Kitty Hawk is financed by Alphabet chief executive and Google co-founder Larry Page whose ambition is to beat other companies such as Uber to the punch and launch a fully-fledged autonomous flying taxi service.

Eight years in the making, Cora sports a series of rotors on each wing that grants it the ability to take off and land vertically, like a helicopter.

Dubbed "Cora", the vehicle can "take off like a helicopter and transition to flying like a plane", Kitty Hawk said in a statement on Monday.

Christchurch mayor Lianne Dalziel said having the project was significant for the city.

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But developers say it is much quieter, meaning it could transport passengers in urban areas using rooftops and vehicle parks as landing pads.

"This aircraft represents the evolution of the transport eco system to one that responds to a global challenge around traffic and congestion, and is kinder to the planet". Now, it would seem that Cora and the company behind it are nearly ready for prime time, as Kitty Hawk and New Zealand Prime Minister Jacinda Arden announced that an agreement has been reached that will see Kitty Hawk's portfolio officially tested for certification.

The project is backed by some of the brightest minds in the aviation and transport technology industries, including former staff from the likes of Nasa, Google, Boeing and Honeywell. The country said it will embrace the company and welcomed it to continue tests.

Kitty Hawk will operate the flights through Zephyr Airworks, which Kitty Hawk set up in New Zealand in 2016.

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"We had no idea what to expect", he said.

Negotiations between Kitty Hawk and the New Zealand government have been going on for about 18 months, with multiple government agencies pledging to "streamline" the process of approval for a flying-taxi trial, according to Stuff.

She also said the move is part of the country's plan to produce net carbon by 2050 as the taxis are fully electric.

The company's next step is to design a ride-hailing app for the people of New Zealand. "Our future is still being imagined and we are determined to play an active role in shaping it for the better through new ideas, new innovations, and new ways of looking at the world".

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