Ready To Hail A Flying Cab? The Lilium Flying Taxi Service Plans To Be Over City Skies By 2025 by Forbes – Entrepreneurs

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Ready to hail a flying cab? This could be a reality in cities around the world by 2025. Following the successful maiden voyage of the Lilium jet, Lilium, the Munich-based start-up behind the world’s first electric jet-powered five-seater taxi, is now gearing up for trials in cities around the world, with a full-scale launch planned for 2025.

With a top speed of 300km per hour, approximately four times faster than a road taxi, and a range of 300km per hour, this on-demand air-taxi service is set to revolutionize modern city travel. Powered by 36 all-electric jet engines, the aircraft, which has no tail, rudder, propellors or gearbox and just one moving part, takes off and lands vertically.

The Lilium jet is aiming to be energy efficient too. By relying on the lift generated by its fixed wings, it uses up less than its 10% maximum horsepower while cruising. Lilium claims that this is comparable to the energy use of an electric car covering the same distance. This also means that as well as ticking the green box, when it takes off for the mass market its fares should be affordable and competitive with road taxi fares.

The plan is to create a network of Lilium landing pads across cities and wider regions, and for users to be able to order a Lilium air taxi via an app.

Co-founded in 2015 by Daniel Wie- gand, Sebastian Born, Matthias Meiner and Patrick Nathen, the company has attracted more than $100 million in funding from Atomico, Tencent, LGT, Freigeist and Obvious Ventures and now employs over 300 people. Taking hailing a cab to greater heights is obviously an attractive proposition for these investors. 

May 16, 2019 at 07:15AM
Forbes – Entrepreneurs