European VCs are going to make flying cars a reality

This technology has actually been around for decades, but Munich-based Lilium is touting their tech as being a far safer, cleaner and more socially friendly update.

Lilium: the world's first electric vertical take off and landing jet

The egg-shaped plane, called Lilium, has been heralded as high up as the European Space Agency. The plane, designed by four German engineers, takes off and lands vertically, meaning it can use helipads.