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Flying cars – high targets with the flying high-speed taxi News

Saturday, September 9th, 2017 | Economy

The Munich Startup Lilium wants to use the money to build a prototype that can accommodate five people and can fly up to 300 kilometers per hour quickly after his existing two-seat test model successfully completed the first flight in April, Chief said Commercial Officer Remo Gerber in an interview.
The Chinese Internetriese Tecent supports the company. Other supporters are Liechtensteiner Privatbank LGT Group, Twitter co-founder Ev Williams Obvious Ventures and the British investor Atomico, which increases the company's total capital to more than $ 100 million.
"We think that our technology could be applied quickly in urban areas or between cities – all you need is a landfill," said the Gerber from Switzerland. "We are looking for partners who can carry out the operation at a price comparable to a train or taxi".
Mass production only in a few years
While flying taxis are still at the beginning – Gerber estimates it will take several years before Lilium jets are ready for mass production – this type of transport has already attracted investment from Daimler into the German startup Volocopter, as well as investments from Airbus in the automated flight project called Vahana. Since these are still prototypes, certain official checks are necessary before commercial use can take place.
Founded in 2015 by four academics at the Technische Universität München, Lilium has been recruiting senior executives from Gettiotaxis, Airbus and Tesla ever since. The test flight program in April included a mid-air transition from hover mode to forward wing flight.
"What is currently being seen here is a set of concepts based on different technologies, including drones and aircraft," said Gerber.
(Bloomberg / cash.ch)


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