German team creates concept for personal aircraft you can park in your backyard

A team of aerospace engineers and product designers from Germany’s Technical University of Munich have been dreaming up an idea for the world’s first vertical takeoff and landing electric jet.

Named the “Lilium Jet,” the two-passenger craft is able to lift off and land on any level space at least 49 feet by 49 feet. According to the team, the craft will be easy to operate due to a fully computer-assisted control system, with already-licensed pilots required to undergo only 20 hours of training before sliding into the flier’s seat.

The Lilium Aviation craft will hold a top speed of 250 mph and can travel up to 300 miles on a single charge. The project is partly funded by the European Union and is backed by the European Space Agency and expect the vessel to roll out in 2018.