A German startup is using its futuristic aircraft for a flying taxi service in 2018

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e-volo vtol aircraft

e-volo

A German startup is making serious moves to make futuristic, vertical take-off and landing (VTOL) aircrafts a reality in a commercial setting.

VTOLs are exactly what they sound like - aircrafts that can take off vertically without needing a runway. The German startup, e-volo, has been working on its VTOL since 2011. But several other contenders have entered the space as of late, like Uber, Airbus, and Zee.Aero, a startup funded by Google co-founder Larry Page.

E-Volo has finalized its multicopter, called the Volocopter 2X, and will begin trialing the aircraft for a flying taxi service in 2018. Here's what you need to know: