Manassas-based drone maker RapidFlight acquires Local Motors IP
Manassas-based drone maker RapidFlight has acquired the intellectual property rights of bankrupt autonomous vehicle maker Local Motors for an undisclosed sum.
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Manassas-based drone maker RapidFlight has acquired the intellectual property rights of bankrupt autonomous vehicle maker Local Motors for an undisclosed sum.
Local Motors was best-known for its 3D printed autonomous people movers, named Olli, and at one time had a showroom at National Harbor in Maryland.
Looking for the latest Government Contracting News? Check out our story: RapidFlight Looks to Advance UAS Development via Local Motors IP Portfolio
The agency says the group has a seven-month deadline to complete 30% of the Bay Street Innovation Corridor design in its move to autonomous vehicles.
The ground mobility company Local Motors’ autonomous electric vehicle Olli 2.0 includes some 3D printed parts manufactured by CRP Technology in Windform composite materials. The Modena-based company, which has been involved in professional 3D printing with Windform composite materials since 1996, was contacted by the EMEA management of Local Motors…