German Flying Taxi Startup Could Soon Build 56,000 Ft² Hub in Orlando, Florida
You may think of air taxis as vehicles of the future but they soon could fill the skies of Orlando, Florida. A German aviation startup, called Lilium Aviation, is seeking tax incentives in order to build a 56,000-foot² (5,200 mt²) transportation hub for the futuristic five-passenger vehicles.
In the process, Lilium would also create 143 new jobs in 2025. But it's not just about generating jobs and money for Lilium.
“This evolution we’re moving into is a more interconnected way for us to look at driving intelligence within our city and driving efficiency and, at the end of the day, quality of life,” Chris Castro, Orlando director of sustainability and resiliency, said last month during a presentation at the Digital Orlando tech conference, according to the Orlando Business Journal.
Lilium's flying taxi is a vertical takeoff aircraft that is powered by 36 all-electric engines. It is also supposedly six to seven times quieter than a helicopter at take-off.
Now its makers are asking for a tax rebate of up to $831,250 over a nine-year period as they plan to create well-paying jobs with an average annual salary of $66,451. It is highly likely that the city will grant them their request as they believe the firm could create $1.7 million for the economy in a 10-year period.
A firm with much to celebrate
In the meantime, with or without this deal, Lilium is doing quite well. Last August the firm celebrated hiring its 500th employee and last March the company completed a funding round worth more than $240 million.
Commenting on the announcement, Christopher Delbrück, the Chief Financial Officer of Lilium said: "This additional funding underscores the deep confidence our investors have in both our physical product and our business case. The new funds will enable us to take big strides towards our shared goal of delivering regional air mobility as early as 2025."
It seems the firm is looking beyond regional mobility to a global one!