Watch Larry Page's self-flying air taxi lift-off

Watch Larry Page's self-flying air taxi lift-off

Watch Larry Page's self-flying air taxi lift-off

Google co-founder Larry Page's aviation start-up has unveiled its first project - new air-taxi prototype named Cora.

Prime Minister of New Zealand Jacinda Ardern confirmed the news to the Times, saying the project is "about sending the message to the world that our doors are open for people with great ideas who want to turn them into reality".

The flying machine is entirely electric, emission-free, and can fly at speeds in excess of 150 kph (more than 93 mph) and up to 100 kilometers (62 miles), according to the company.

Ride in a pilotless flying taxi, anyone? In the event of a complete loss of power to all 12 fans, the Cora is also equipped with a parachute.

New Zealand is truly the nexus point for fantasy lovers and futurists' dearest dreams. The company had previously shown off an early model called the Flyer before finally unveiling Cora.

Cora appears far more robust and is designed more like a traditional aircraft, featuring an 11-metre (36-foot) wingspan, tail and a closed canopy for passengers.

The team found its Kitty Hawk in New Zealand, where regulators are apparently into the firm's all-electric, renewable-energy mission. This is a fully electric aircraft that rises into the air like a helicopter, flies like a plane and then lands again like a helicopter.

There are also some rival companies which have been laying the groundwork for air taxis. In November, Boeing acquired Aurora Flight Sciences. Airbus has also made an investment two weeks ago in Blade, which is an aviation start-up in NY. This means that the rules it develops may become an example for other nations, including the US. And of course Uber has an entire division called Uber Elevate.

Mr Reid, a former president of Virgin America, Lufthansa and Delta Airlines, predicted the concept of personal, self-piloted air travel would be common "10 or 20 years from now". The goal is to see these design in commercial operations in as few as three years.

Negotiations between Kitty Hawk and the New Zealand government have been going on for about 18 months, with multiple government agencies pledging to "streamline" the process of approval for a flying-taxi trial, according to Stuff.

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