The ride-sharing company Uber set ambitious goals Tuesday to create a network of flying taxis in Dubai and the Dallas area by the year 2020.
At a summit in Dallas Tuesday, company executives outlined plans to develop their own electric Vertical Takeoff and Landing aircraft, or VTOLs, that would use small landing pads called “vertiports.”
“It’s possible because we’re radically changing the type of aircraft,” Jeff Holden, chief product officer at Uber Technologies, said at the summit. “This is why we’re so bullish. … We just want to usher it in as fast as possible because we all want to live in this world.”