Sharjah24 – Reuters: Russia's Hoversurf company on Monday (January 25) presented a newly-developed model of flying taxi meant to go into mass production in 2021.

In September 2021, the aircraft will be tested with the use of 5G network, and if successful, the product can be launched into mass production at the end of 2021, the company said in a statement.

According to the company, this same model has already successfully passed a number of tests in Russia and the UAE, and Hoversurf said it is working on an ambitious goal to ensure the possibility of flights over the city in 2023-2025.

In 2017, Hoversurf made a deal with the Dubai police, giving it its first production copy of the Hoverbike S3 - a single-seat personal drone, which, according to CEO of Hoversurf, Alexander Atamanov, was a much more 'extreme' model.

According to the company, the estimated price for a flight by air taxi in the future will be about 20 roubles (0.27$) per kilometer.

Since 2016, the company has attracted $ 3 million in investments for its flying passenger drone.