Home » The co-founder of Skype invests €10 million in a startup that plans to launch flying cars
The co-founder of Skype invests €10 million in a startup that plans to launch flying cars
Lilium Aviation is working on flying cars that will reach more than 250 km / h.
It may be true that flying cars won't be the most beautiful vehicles in the world or give you perfect security, but for Atomico, a European venture capital firm founded by one of the founders of Skype, that does not matter.
The European firm is betting that flying cars will take off, not only literally but also in the financial field. Atomico has faith, and demonstrated it by investing 10 million euros in Lilium Aviation, a startup that seeks to lead a non-existent industry: that of flying cars.
Lilum's flying cars are capable of flying using VTOL technology, which is also used on some military warplanes. This flying car is able to take off vertically using 36 "adjustable electric fans and can reach flight by slowly turning the fans horizontally, with the ailerons and fuselage generating aerodynamic lift. In addition, it has a maximum speed of 250 to 300 km / h.
The flying car industry could take off in the near future, but several challenges could come up, including regulatory issues and concerns about safety. Even so, Lilium Aviator and other flying car companies haven't given up. The Chinese company eHang has already presented a drone that can transport passengers.
Other companies such as Aeromobil and Terrafugia have opted for a more conventional design of flying cars. Whatever the best approach, flying cars are receiving a lot of attention from investors who see their potential to reshape the future of transport. Lilium Aviator says that land traffic could become a thing of the past.