Orlando’s New Plans for Flying Car Hub
In conjunction with a German aviation company, the city of Orlando recently unveiled formal plans to develop and build the first-ever hub for flying cars in the United States. The entire flying car hub, or vertiport as it has been aptly named, will be around 56,000 square feet and will most closely look like a modern-day airport terminal. The main goal of its creation, beyond forward-thinking technologically, would be to alleviate the heavy traffic congestion that is becoming an increasing reality on Florida’s highways.
The vertiport will begin construction soon and finish sometime in the year 2025. The site chosen for development will be in Lake Nona, a small 17 square mile community in Orlando right next to the Orlando International Airport. While the plans have been approved and created by the city, there is still a need for approval from the Federal Aviation Administration. The current plans would create around 140 jobs with an average annual salary of about $65,000. While clearly there are not any flying cars currently in the air, there are some extremely promising prospects on the near horizon.
For this hub particularly, the partnership with the Munich-based Lilium and Orlando firm, Tavistock Development Company, appears to be yielding some extremely promising results. The current prototypes of their version of a flying car will have up to five seats and will be able to reach a top speed of 186 miles per hour. Despite still being in the developmental phase, the Orlando City Council has already approved over $800,000 in tax rebates for the company once the product is ready for widespread use. Plans like this and developments from companies like Lilium are all extremely positive signs from the flying car market, which is beginning to look more viable and valuable every day.
Flying Car Market and Future
While obviously there are not any flying cars currently in commercial use, it appears that this is not far off from happening at all. In fact, flying car taxi services seem to be the way of the future according to both these new plans from Orlando as well as plans from rideshare companies. Uber for instance, has created the Elevate Program, which hopes to see air taxi services in use by 2023. The company has major plans to test out these services in cities like Los Angeles, Dallas, and Melbourne soon. These plans as well as ones by companies such as General Motors have spurred serious talks of the value of the electric flying vehicle in the future. In fact, Morgan Stanley predicts that flying cars will be a commonplace technology in the year 2040 and that the global market for them will be worth anywhere from $1.4 trillion all the way up to $2.9 trillion.
Flying cars are no longer a part of some far off, distant future, but instead a viable solution to common issues such as traffic congestion within the next five years. Orlando’s new flying car hub plans represent solid constructive decisions that are being made to make the flying car industry as successful and widespread as possible sooner rather than later. With flying cars being used as a possible air taxi of sorts for many people through the use of apps like Uber or ports like in Orlando, the future for what once was a far off technology is beginning to feel very real.
About the Author
Tom Price is a writer focusing on Entertainment and Sports Features. He has a degree from NYU in English with a minor in Creative Writing. He has been previously published for Washington Square News, Dignitas, CBR, and Numbers on the Boards.