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Lilium aims to move the taxi network by 2025



Munich-based start-up Lilium unveiled its five-seat electric air disk prototype on Thursday. Lilium Jet, which has performed its first flight earlier this month, is part of an app-based air transport service that the company expects to be "fully operational in different cities around the world by 2025."

The battery-powered jet is able to travel 300 kilometers in 60 minutes on a single charge, and will connect cities through a network of landing pads. Commuters will be able to order rides from their nearest landing site through a smartphone app.

Lilium did not reveal how much the service would cost but claims it would be "comparable in price" to regular taxis. Remo Gerber, the company's chief trading director, told CNN Business that it is aimed at ordinary people and not just well-off business travelers.

"Today, we are taking another big step towards making city-flight mobility a reality," Lilium co founder and CEO Daniel Wiegand said in a statement. "We dream of a world where everyone can fly where they want when they want to."

When that dream becomes a reality, the German company will face some of the biggest names in the industry ̵
1; including the world's top Uber UBER ) collaborate with NASA with the goal
Boeing ( BA ) and Rolls Royce


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