You ready for flying taxis from Uber?

At a speech at the Web Summit in Lisbon, Uber's head of product Jeff Holden revealed the company has signed a Space Act Agreement with NASA to create the air traffic control system that will manage its low-flying taxi fleet, which it aims to have in the air by 2020. The company also announced that a third test city, Los Angeles, has been added to the program, joining Dallas-Fort Worth and Dubai. According to Uber, its UberAIR service could compress a one and a half hour journey from LAX to the Staples Center during rush hour to under 30 minutes.

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