Flying cars may be part of your reality sooner than you think. Through a project named myCopter, the European Union is investing €4.2 million (US$6.2m) to research the potential of Personal Aerial Vehicles (PAVs) for Europe's most crowded cities. The idea is for myCopter to attempt to solve the numerous problems that could potentially arise from futuristic flying cars.
To avoid interfering with commercial airliners (and to operate outside the controlled airspace), myCopter predicts that the personal air transport systems would fly at altitudes around 2000 feet. However, several steps still need to be taken to deal with existing aerospace legislation, security and parking and landing space.