Hyperdrive
Intel-Backed Startup Wants to Become the Uber of the Skies
- Germany’s Volocopter seeks to raise more money to scale up
- Daimler led $29 million investment in drone company last year
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Forget autonomous cars -- your next taxi might whiz you across town through the air.
Volocopter GmbH, a German startup backed by Intel Corp. and Daimler AG, has built a drone-like electric helicopter to ferry travelers across city skies. The company expects to offer its first commercial trips in the next three to five years, after completing test flights in Dubai and Las Vegas. It’s now seeking at least $100 million to gear up manufacturing of the flying taxis.