Flying cars set to launch soon

The cars, made by California-based company, Skytran have reportedly been in the works for 5 years now.

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It's the break of a new dawn - the era of cars that can fly.

Israel, and subsequently the rest of the world is set to welcome cars that magnetically glide 20 to 30 feet above the ground along elevated tracks.

The cars, made by California-based company, Skytran have reportedly been in the works for 5 years now.

The pilot project is set to debut in Tel Aviv at the end of October and will run for about 900 feet on the campus of Israel Aerospace Industries, which partnered with SkyTran to develop the cars.

Each car can hold up to four people and  travel as fast as 60mph, while SkyTran hopes to eventually add several more cars to its debut system.

SkyTran CEO, Jerry Sanders described the overhead cars as cheaper and simpler to build than railroads and subways.

He further said the cars cost between $25,000 (about N4.9 million) and $30,000 (about 5.9 million) each, calling it a big bargain for cities when compared to the cost of maintaining and expanding existing mass transit systems.

Should the Tel-Aviv pilot project prove successful, Skytran expects to expand to at least three other Israeli cities and some US cities by 2018.

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