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 VTOL


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International Business Times

Uber products head Jeff Holden has said that they are currently looking into short-haul flying vehicles for transporting passengers. VTOL is an aircraft that functions similarly to helicopters -- it can hover, take off and land vertically. He imagines that such an aircraft could transport multiple passengers on short-haul flights, according to CNET. Majority of VTOL research has been conducted by the military like DARPA, the United States defense agency responsible for developing new technologies.