Flying Taxi

Lilium, the German ‘flying taxi’ firm has secured $90 million in funding from Tencent and others

Lilium said it plans to use the fresh funding to dramatically expand hiring and carry it through the next development stages of its 5-seater electric jet.

Daimler and other firms provide $30 million in funding to Volocopter

Daimler joined a consortium which includes technology investor Lukasz Gadowski, who sits on the supervisory board of Delivery Hero

Uber promises to deploy zero emission flying taxis in Texas and Dubai by 2020

After upending the taxi market with its ride-hailing service, Uber Technologies Inc is now aiming for the skies with its flying taxis.

Lilium successfully tests five seater flying taxi prototype in Germany

The five-seater jet, which will be capable of vertical take-off and landing, could be used for urban air taxi and ride-sharing services.