Flying Ubers Are Approaching Liftoff, Says Engineer of Airspace Unit
*By Carlo Versano*
Flying taxis are closer to liftoff than you might think.
Uber made headlines in 2017 by unveiling renderings of what it said would be a fleet of fully electric, VTOL (vertical take-off and landing) aircraft that would shuttle people around in the skies above cities as soon as 2023. At CES in Las Vegas, this week, a full-scale model of one flying taxi concept manufactured by Uber partner Bell was on display, and Uber wants consumers to know it's getting serious about taking to the air.
Dr. Tom Prevot, a former NASA aerospace engineer who now runs the engineering division at Elevate, Uber's airspace unit, told Cheddar's Hope King that the nascent industry is reaching a point at which "a lot of things come together." Batteries that would be able to power these aircraft are in development, the turbine engines and fan rotors are quieter than ever, and the regulatory environment is beginning to come into focus, Prevot said.
"This convergence will probably allow us to make this happen in a few years," he said.
Since the aircraft will fly to and from fixed infrastructure ー like the roof of a parking garage ー as opposed to being able to take off or land anywhere, there are fewer logistical and regulatory hurdles, Prevot said. And because the altitude at which these things would fly, up to 2,000 feet, is a blank canvas relative to city roads, companies like Uber can work with governments to create "virtual highways" that can be adjusted to suit demand.
Prevot put it succinctly: "There's a lot more space in the air."
Uber and Bell announced at CES that test flights would begin next year in three cities: Dallas, Tex., Los Angeles, Calif., and an unnamed international city, while plans for piloted rides are on pace for 2023. Prevot said that while they may test flights in rural areas, the optimal use case is for crowded urban areas where congestion is already a problem ー hence the choices of L.A. and Dallas as pilot locations.
For full interview [click here](https://cheddar.com/videos/uber-keeps-eyes-on-the-sky-with-flying-ride-plans).
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.