The latest plane play to hit the headlines is Lilium, which was founded in 2015, and raised $90 million in funding in September. Lilium’s aim is to “revolutionize the way people move in and around the world’s cities,” said co-founder Patrick Nathen. In Nathen’s vision, you’ll be able to hail an e-plane from your phone, and board at a rooftop landing port
Lilium tested a prototype of its aircraft last year in Munich. Lilium’s “electric jet” can take off and land vertically using fans embedded in the wings. Once airborne, the fans fold into a horizontal position and the jet can fly like any small airplane, at a top speed of around 190 miles per hour.
The plane will have a total range of around 190 miles. Lilium hopes to test it with a pilot by next year and bring it to market by 2025.