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US ride-hailing service Uber Technologies Inc [UBER.UL] expects to deploy flying taxi services in Dallas-Fort Worth, Texas, and Dubai in 2020, Chief Product Officer Jeff Holden said at the Uber Elevate Summit in Dallas.
Uber chief product officer Jeff Holden told the summit that urban aviation was a "natural next step for Uber" and it expected to deploy its flying taxis in Dallas-Fort Worth, Texas, and Dubai by 2020.
Dallas will be the first US city to partner with Uber to help develop flying cars or VTOLs (vertical take off and landing) aircraft.
According to Holden, the company has also begun discussions with NASA and the National Air Traffic Control Association about "airspace management", which is a fancy way of saying the logistics of dispatching flying cars.
This past September, an Uber executive revealed that the company was entertaining the idea of launching some type of flying vehicle that could enable it to transport customers in the sky rather than on the road. But the company had plans to pursue flying ride sharing long before the other drama it's now dealing with, and for observers of this unique space, it's no doubt interesting that Uber continues to press on. In Uber's vision, getting people from outer borough and suburbs to the city can be enabled by flying taxis.
Uber Elevate would feature electric vehicles capable of vertical take-off and landing, with app users able to book a ride at the push of a mobile phone button. A two-hour drive from San Francisco to San Jose could be completed in just 15 minutes by air.
Uber's ambitious plans comes as the company experienced fast revenue growth but $2.8 billion in losses a year ago.
Startup ChargePoint, meanwhile, has been tapped to develop the infrastructure that the flying cars network will utilize, including the special chargers that the VTOL vehicles will use.
A graphic shown during the UberElevate Summit shows the first five hubs anticipated for Dallas-Fort Worth and for Dubai. But Holden says that Uber's models indicate that even early operations will cost $1.32 per passenger mile, which is the cost of an UberX.
Despite a history as a fixed-wing aircraft developer, Embraer's Business Innovation Center in Melbourne, Florida, also announced a preliminary partnership with Uber to explore the development of small electric VTOL aircraft for short commutes.
Uber's announcement came on the heels of Kitty Hawk, a start-up company backed by Google co-founder Larry Page, debuting its ultralight aircraft prototype in a demonstration video on Monday (local time).
After the Moto G4 and Moto G4+, this smartphone company is planning to launch another smartphone in the Indian market. New reports suggests that Motorola will be releasing the latest Android update for Moto G4 Play in the month of June.
The statement includes a Security Council demand that "the Democratic People's Republic of Korea conduct no further tests". And for a period during the 13th century, both China and Korea were under the rule of the Mongolian empire.
She added that when it comes to balancing the budget and repealing Obamacare, both Handel and Trump are for the people. In Georgia, US Democrats have narrowly missed an opportunity to cause great upset to President Donald Trump.
The State Department didn't respond to a request for comment Monday. "We regret any misperception and have removed the post ". It later lauds the resort itself, saying that builder Marjorie Merriweather Post "spared no expense" for it.
Police focused on men who allegedly tried to buy sex from underage individuals in a bid to curb demand, Truong said. No details about the men have been released, nor have police provided specifics about the charges they face.
Users can create lists, add due dates, keep track of deadlines by adding reminders and personalise each list with coloured themes. Most of the features from Wunderlist are absent at the moment, which is also why Microsoft hasn't shut down Wunderlist...
The race auto driver's contract expires at the end of this season, but there are no reports as to who will replace him. He also as two championships in NASCAR's second-tier series, now called the NASCAR XFINITY Series, in 1998 and 1999.
Nestle reported organic growth of 2.3% in the first three months of the year, boosted by Asia and Africa. The company's shares are up 1.5% as sales rose 2.9% in its first quarter beating a forecast of 2%.
One more day of showers is forecast for Sacramento before almost a week of sunshine, according to the National Weather Service . This activity should slide across the region later Thursday afternoon and especially Thursday night .
Nasdaq breaches 6000 mark for first time ever
The tech-heavy Nasdaq rose as much as 0.4 percent to hit a record level of 6,007.72 helped by gains in Biogen and Apple . The S&P 500 index showed 57 52-week highs and two lows, while the Nasdaq recorded 114 highs and nine lows.
Elon Musk steps out in Australia with Amber Heard
SpaceX founder Elon Musk speaks about his vision for 1,000 passenger ships flying en masse to Mars, "Battlestar Galactica" style. The couple took to their Instagram account and shared pictures from their dinner at the Moo Moo on the Gold Coast of Australia.
Diaz's pinch-homer lifts Cardinals past Brewers 4-1
Matt Garza will return to the Brewers rotation on Monday, making his first start of the season against the Cincinnati Reds. To make room for Suter on the roster, OF Kirk Nieuwenhuis was designated for assignment. "No restrictions", Counsell said.
Egypt's Abdel Fattah el-Sisi visits Saudi Arabia
Salman fired Minister of Civil Service Khaled Al Araj, who will be investigated by a committee of the royal court. The king also appointed Fahad Bin Turki to replace Lieutenant General Eid al-Shalwi as head of the Saudi army.
Unemployment rates fall to record lows in 4 US states
In five states is it much lower, below 2.9%, which shows how much the jobless situation can differ from place to place. The preliminary seasonally adjusted unemployment rate for March was 3 percent, the state Department of Labor said.
Trump says he will release tax reform package next week
Trump's order directs Mnuchin to determine if the authority could lead to costs for the Treasury, and hence to taxpayers. Neither senior official offered specific details of what the administration's plan might look like.
Pence says US will review FTA signed with South Korea
Defense Secretary Jim Mattis said on April 18, adding that the United States was "working closely" with China to engage Pyongyang. Pence signed baseballs for players and was presented with two jerseys at Wednesday's gathering with dozens of young ballplayers.
5 things to know about Tax Day: refunds are up, audits down
Images of tax protesters in cities including Washington , Philadelphia, Chicago , Los Angeles and NY flooded social media. Organizers say similar Tax Day protests are being held in about 150 cities to demand that Trump release his tax returns.