As highlighted in the November 2015 issue of Trends, a business case is emerging for the deployment of a flying taxi fleet in many urban markets, starting with Silicon Valley and the Seattle metro area. In the past few months, events have happened in rapid succession, making way for the evolution and commercialization of this technology. How is this new industry likely to evolve? What are the major barriers yet to be overcome? What are the implications? We’ll provide the answers.