April 17, 2017. Metro Skyways Ltd., a subsidiary of Urban Aeronautics plans to launch the design and development of a four-passenger, Vertical-Takeoff and Landing (VTOL), flying car based on Urban Aeronautics' internal rotor, Fancraft™ technology. The vehicle will initially be powered by jet fuel, but will be designed from the outset to convert to liquid hydrogen and eventually also to 700 bar compressed hydrogen, once such options become commercially feasible. CityHawk will be designed to meet FAA/EASA certification standards for manned VTOL aircraft.

http://www.urbanaero.com/category/2017

 

27 oct. 2016.Within a decade, according to a white paper released today, Uber will have a network—to be called “Elevate”—of on-demand, fully electric aircraft that take off and land vertically. Instead of slogging down the 101, you and a few other flyers will get from San Francisco to Silicon Valley in about 15 minutes—for the price of private ride on the ground with UberX. Theoretically. These aren’t flying cars in the sense that they both drive on the ground and soar through the air. Uber is using the much more exciting, Jetsons sense of the term: a future that lifts you over the brutality of traffic jams and congested roads.

 

https://www.wired.com/2016/10/uber-flying-cars-elevate-plan/

 

 

The FAA approval comes just a few years after SkyRunner first appeared on the global scene, after a CNN Money video of a 1st-generation prototype gained over a million views in the first week. Since then, SkyRunner has attracted almost 600,000 followers on Facebook and other social media. "It's extremely rare for a startup like SkyRunner to attract more Facebook followers in just two years than multi-billion dollar brands like Polaris, Can Am and Virgin Atlantic have accumulated to date. It's indicative that this product is connecting with people in a profound way," said Kenneth O'Brock, Director of Marketing.

http://www.prnewswire.com/news-releases/faa-awards-skyrunner-the-prestigious-special-light-sport-aircraft-certificate-300283309.html

 

5 December 2016. The roughly $10.7 million Series A investment announced at TechCrunch Disrupt London is meant to help Lilium develop into a manufacturer of a commuter alternative to helicopters and traditional planes. VTOL technology has actually been around for decades (and historically has not been the safest), but Munich-based Lilium is touting their tech as being a far safer, cleaner and more societally friendly update. The Lilium Jet is constructed using lightweight composite materials and powered by 36 directable, ducted electric fans, mounted on the wings and front pods to propel the aircraft.

https://techcrunch.com/2016/12/05/atomico-backs-backs-new-vertical-take-off-and-landing-flight-developer-lilium-aviation/

 

Zee.Aero employs close to 150 people. Its operations have expanded to an airport hangar in Hollister, about a 70-minute drive south from Mountain View, where a pair of prototype aircraft takes regular test flights. The company also has a manufacturing facility on NASA’s Ames Research Center campus at the edge of Mountain View. Larry Page has spent more than $100 million on Zee.Aero, say two of the people familiar with the company, and he’s not done yet. Last year a second Page-backed flying-car startup, Kitty Hawk, began operations and registered its headquarters to a two-story office building on the end of a tree-lined cul-de-sac about a half-mile away from Zee’s offices. Kitty Hawk’s staffers, sequestered from the Zee.Aero team, are working on a competing design. Its president, according to 2015 business filings, was Sebastian Thrun, th­e godfather of Google’s self-driving car program and the founder of research division Google X. Page and Google declined to speak about Zee.Aero or Kitty Hawk, as did Thrun.

More info: Welcome to Larry Page’s Secret Flying-Car Factories