(Bloomberg) – Uber Technologies Inc., still in the midst of trying to remake transportation on the ground, is exploring the viability of an aircraft that can take off and land vertically for city use.

The ride-hailing giant published a 98-page whitepaper outlining its research titled "Fast-Forwarding to a Future of On-Demand Urban Air Transportation."

While Uber isn't planning to build its concept for a helicopter-like vehicle, the San Francisco startup said it would organize a conference to discuss the development of what it calls VTOL, or an aircraft for vertical takeoff and landing. It refers to the nascent flying-car program as Uber Elevate.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.