Lilium has raised $100 million, last year applied for regulatory approval in Europe and the US, and hired its first CFO.

Flying taxis sound crazy, but chief commercial officer Remo Gerber says they might make more economic sense than ride-hailing firms like Uber.

Gerber thinks Lilium could offer $70 air taxi rides in Europe by 2025, but first it needs to solve issues around infrastructure and proving its aircraft are safe for humans.

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The next big transportation wave after on-demand taxis, scooters, and shared bikes might be the flying car.

"You download the app, you book it ten minutes in advance if you're nearby, or perhaps for the next day... it'll be a very user-friendly experience.

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