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Revival of supersonic travel faces headwinds
Business, Reuters, Published on 26/12/2017
» Supersonic passenger travel, which died out with the Concorde's demise in 2003, will make a comeback by the mid-2020s if three US entrepreneurial companies can make jets quiet and efficient enough to win over buyers and fliers.
'Flying taxi' startup Lilium raises $90m from Tencent, others
Business, Reuters, Published on 06/09/2017
» FRANKFURT: Lilium, a German start-up with Silicon Valley-scale ambitions to develop a five-passenger "flying taxi", has raised a second, $90 million round of financing from top tech investors, making it one of the best-funded electric aircraft projects to date.