A company backed by Google co-founder Larry Page plans to wind down its operations, according to its announcement Wednesday.

As a result of our decision, Kittyhawk will be winding down. The details of what's next are still being worked out," the company wrote on its LinkedIn and Twitter accounts. Kittyhawk did not respond immediately to a request for comment.

According to its website, Kittyhawk was committed to building autonomous, affordable, ubiquitous, and eco-conscious air taxis.

Sebastian Thrun, a former Google executive who led the company's self-driving car efforts, founded the company.