Aussie startup riding high after securing deal to develop hoverbikes for US military

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[1] Malloy Aeronautics, a startup founded in a Sydney garage, has secured a deal to develop hoverbikes for the United States military.

[2] Malloy successfully raised $130,000 on Kickstarter and is heading to become the developer of the “world’s first flying motorcycle” known as the hoverbikes.

[3] The hoverbike was originally being made with cattle mustering and search and rescue operations in mind, but will now be used by US soldiers.

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[Source] Australian Information Technology News – Aussie startup riding high after securing deal to develop hoverbikes for US military