Boeing Creates $2 Million Prize for "Personal Flying Device"

Boeing is offering $2 million in prize money to encourage innovators to create a “safe and easy-to-use personal flying device,” the company announced on Tuesday. The two-year competition, called “GoFly,” is open to teams from around the world. Boeing hopes the project will leverage recent advances in propulsion, energy, lightweight materials, and control and stability systems “to make the dream of personal flight a reality.”