UBER Flying Taxis with NASA

Uber is flying high above its street-level ride- sharing business.

Uber aims to move rides to the sky, so Uber is partnering with the U.S. Army's research arm and NASA to make it happen.

At its annual Elevate summit in Los Angeles Tuesday, the rideshare company detailed its aviation goals to launch electric flying taxis within the next five years.

Uber's partnership with the U.S. Army Research, Development and Engineering Command (RDECOM), within the Army Research Lab, is focused on developing the tech needed to drive the company's electric vertical take-off and landing (eVTOL) aircraft.

UberAir wants to fly its vehicles up to 2,000 feet at 150 mph for short-haul flights, going as far as 60 miles on a battery charge. The service plans to fly demos of its four-passenger seat planes in Los Angeles and the Dallas area by 2020, ready for commercial use by 2023.

Although the air taxi will initially be piloted, flights will eventually become autonomous.

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