The Lilium jet if a VTOL (vertical take off and landing) 2 seater, electric powered vehicle, capable of speeds of up to 300km/hr (those speeds are comparable to a formula 1 car, the likes of which Lewis Hamilton will be thrilled to fly). See the lilium jet in action HERE.
The company has just secured a whooping $90 million in series B funding from a funding group consisting of Tencent; LGT, the international private banking and asset management group; Atomico, the Series A backer founded by Skype co-founder Niklas Zennström; and Obvious Ventures, whose co-founder Ev Williams is Twitter’s co-founder and former CEO. Read more about the deal HERE.
With the future of transportation changing what would this mean for companies like Uber, My Mechanic, etc? Who knows.