Offbeat Sheet: The Lilium Jet

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PReturn’s Offbeat Sheet examines some of the world’s most interesting technology, marketing and innovation stories. Often pushed quickly through the news cycle, we think they deserve more time in the spotlight.

Transportation services like Uber and Lyft have been around for a handful of years, but the latest step into modern transportation is reminiscent of “The Jetsons.”

Say hello to the Lilium Jet, an all-electric air taxi that lifts off vertically, hovers and accelerates up to 186 mph before landing. This past spring a test video illustrated proof of this fantastical air taxi’s capabilities. Theoretically, a 50 minute commute could be cut to 5 minutes with the help of the Lilium Jet.

With the concept video, and sheer magical innovation, Lilium attracted investors like Twitter co-founder Ev Williams and his venture group Obvious Ventures. Lilium recently announced it has secured $90 million in Series B funding from Obvious Ventures, along with LGT, Atomico, and the Chinese investment firm Tencent.

“This investment is a tremendously important step for Lilium as it enables us to make the five-seat jet a reality," said Lilium Co-founder/CEO Daniel Wiegand.

It’s possible that in two years you’ll hail an air-taxi wherever you want to go. While the cost of the service is yet unknown, you can bet it’ll cost more than a regular ride with Uber or Lyft. Will you be among the first to take a ride in a flying car, just like the Jetsons?