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5/12/2022 10:01:05 AM
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Uber of the Sky: All-Electric Flying Taxi Unveiled
Imagine ordering a helicopter ride with the ease of paging an Uber. It sounds like something out of The Jetsons.
But this German startup has plans to roll out the first flying taxis within just six years.
Munich-based Lilium showed off its five-seater all-electric flying taxi prototype this week to what it hopes will be a highly interested future market.
The full-scale prototype is powered by 36 all-electric jet engines.
It can take off and land vertically and can travel up to 300 kilometers (186 miles) for an hour on a single charge.
The company said the air taxi made its maiden flight earlier this month and plans to incorporate an app-based booking service similar to Uber.
Riders will be able to hail air taxis from their nearest landing pad via a smartphone app.
Lilium says it expects its flying taxis to be “fully operational in various cities around the world by 2025.”
The company didn't mention how much its service would cost. But it did say the service would be “comparable in price” with regular taxis.
Being the first into the air taxi space will certainly be a feather in the company's cap.
But Lilium faces stiff competition in the personal air transportation sector.
The 800-pound gorilla of ride-hailing, Uber has already partnered with NASA to launch air taxis by 2023.
Others working in the area include Boeing and Rolls Royce.
Still, Lilium has muscle of its own. The company was founded in 2015 with high-profile investors including Atomico,
an investment fund run by Skype co-founder Niklas Zennström, and Chinese tech giant Tencent.
Since the weather has turned comfortable, I wrote a lot of this article in a local park.
I asked a lady sitting next to me just a minute ago whether she'd be willing to take a flying taxi.
She said, “Maybe not the first trip.”
I'm with her.
I certainly wouldn't want to be one of the first passengers... or even one of the first thousand.
But if it's more convenient and more affordable than other modes of transportation, sure, I'd use the service.
Without innovation in the alternative energy sector, these new types of transportation wouldn't be possible.
And they have the potential to unlock all sorts of untapped markets.
Air taxis can take people to all sorts of places they wouldn't have traveled to without. They could open up new markets for tourism,
bring people closer to jobs and family, open up new real estate markets... the possibilities right now are seemingly endless.
The technology will certainly be slow to develop and expensive at first. And there will be skepticism, just as there is skepticism with everything new.
But flying taxis don't look like just something out of the Jetsons anymore. They look to be a part of our future. Investors should take note.
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05/12/22 10:01:05 AM
This company can't continue to hemorrhage money like
05/09/22 05:21:38 PM
Everyone enjoy these #UBER & #LYFT levels this week.
04/03/22 08:32:52 PM
When’s the R/S coming ?
03/29/22 09:21:16 PM
Thanks I played the earnings for a small
03/21/22 06:39:06 PM
Welcome and congratulations on your new stock purchase.
03/21/22 06:23:48 PM
$UBER Premium Super Pumped! All I Need https://open.spotify.com/track/4RU5XGbE64
03/12/22 04:55:59 AM
Earnings RSI + MACD Uber $UBER Crypto Alcohol
02/13/22 05:28:42 AM
Thank You @Uber! I’ll Keep Playing $UBER
02/13/22 05:03:16 AM
ouch this sucks
02/11/22 11:26:35 AM
adjusted the profit target by .7 billion not
02/10/22 12:24:04 PM
that halt and dip was crazy
02/10/22 12:00:07 PM
where do you get this news?
02/10/22 11:48:45 AM
Uber buying Lyft
02/10/22 11:16:06 AM
+200 $UBER Alright @Uber Rack Em Up! RSI
02/09/22 04:12:37 PM
this continues to be way oversold
01/21/22 09:49:26 AM
Looking for an UBER play in India.
01/14/22 01:28:47 PM
Golden cross was formed on the 5 minutes chart
01/13/22 01:28:37 PM
Hope you didn't short this today....LOL
12/02/21 03:34:08 PM
Looks like no one but you
12/02/21 09:41:44 AM
Anybody else shorting this today?
12/02/21 06:54:28 AM
Counter sue the DOJ for attempted extortion and
11/10/21 03:26:40 PM
bottom was confirmed ride this back to high heaven.
10/15/21 01:30:00 PM
$UBER just getting into alcohol delivery? $WTRH already
09/29/21 02:53:58 PM
$$$ UBER $$$
09/24/21 10:22:51 AM
Maybe this is heading to 80?
09/24/21 09:46:11 AM
will take profits at $50s
09/21/21 01:13:45 PM
how's that $80 price target coming along? hello $38s
09/15/21 09:41:39 AM
09/12/21 04:44:44 PM
Yeah she’s on the watch list have not
08/22/21 06:39:16 PM
market up 250 points, UBER red to flat
08/20/21 01:11:31 PM
I like the idea of accumulating under $10.00
08/12/21 01:17:59 AM
That didn't age well
08/12/21 12:10:05 AM
Still waiting for buy signal here.
08/11/21 04:14:21 PM
I think UBER has the potential to be
08/09/21 05:15:39 PM
what is the logic to owning UBER shares
08/04/21 05:52:44 PM
i see $30s on the horizon
08/04/21 01:01:33 PM
Yep saw that about 45 million shares to
07/29/21 12:00:10 PM
LOL!!!!!!!!!!!!!!!!!!!! NOPE! UBER doesnt make any money
07/29/21 10:25:22 AM
Agreed- the reopening of economy is now a
07/29/21 09:46:41 AM
this stock shouldn't be worth more than $30
07/29/21 09:39:31 AM
I bet Long term investors can’t be happy
07/29/21 09:29:02 AM
$UBER SoftBank Group Plans to Sell Some of
07/29/21 09:25:24 AM
Down she goes again
07/28/21 10:05:57 PM
07/14/21 12:33:56 AM
07/06/21 02:09:11 PM
07/05/21 04:58:39 PM
After Losing China, Uber’s Stake in DiDi Reaps
07/01/21 06:08:06 AM
06/30/21 02:38:57 PM
Get as many Didi shares as you can
06/30/21 02:38:28 PM
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