Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired US$555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital Corp, the manufacturer said on Friday (Feb 3). Aerwins, which is taking orders for the XTurismo hoverbike with a moto
Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired US$555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital Corp, the manufacturer said on Friday .
SPACs, like Pono, raise money in public offerings and then aim to merge with a private company to take it public, offering a shorter listing timeframe to the acquired company.Aerwins, which also sells drones and related technology, says its hoverbike can fly for up to 40 minutes and up to 100kmh. It has pitched the bike as a tool for rescue workers, infrastructure inspection and as a showpiece for public entertainment.
In this video screengrab from Japanese startup ALI Technologies, the XTurismo Limited Edition hoverbike is pictured during its demonstration at Fuji Speedway in Oyama, Shizuoka Prefecture, Japan, Oct 26, 2021.
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Japan startup selling $550,000 Star Wars-inspired hoverbike to list on NASDAQJapanese startup Aerwins Technologies, which is selling a Star Wars-inspired $555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital Corp, the manufacturer said on Friday.Aerwins, which is taking orders for the XTurismo hoverbike with a motorcycle-lik
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