Company that makes $555K flying motorbikes inspired by ‘Star Wars’ to go public

Company that makes $555K flying motorbikes inspired by ‘Star Wars’ to go public

By Ariel Zilber

The Japanese maker of a “Star Wars”-inspired flying motorbike will be listed on the tech-heavy Nasdaq as early as Friday, according to a report.

ALI Technologies, the maker of the Xturismo hover bike, is in the process of merging with Pono Capital Corp., a blank-check firm, for the purpose of going public, Bloomberg News reported.

The 660-pound electric bike is 12 feet in length and can carry a passenger weighing up to 220 pounds. The bike has a maximum speed of 50 miles per hour with a range of 40 miles.

Last October, former New York Mets outfielder Tsuyoshi Shinjo soared in a prototype across a baseball field — at heights reaching some 20 feet — before the start of game in Hokkaido, Japan, where he manages a team in the country’s baseball league.

The first hover bike was sold for $555,000 in Japan last December.

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https://nypost.com/2023/02/02/company-that-makes-555k-flying-motorbikes-to-go-public/