First, it was Hyundai. Now, Porsche wants to do the same too. We're talking about aircrafts and the marque from Stuttgart wants in on the business too.

The German automaker had just signed a memorandum of agreement with Boeing to build a Porsche that can go to a place no Porsche has gone before: the skies. You might be wondering why is Porsche investing so much in this. That's because they believe that the urban air mobility market will pick up by 2025, and they want to have a head start in the game.

“Porsche is looking to enhance its scope as a sports car manufacturer by becoming a leading brand for premium mobility. In the longer term, this could mean moving into the third dimension of travel. We are combining the strengths of two leading global companies to address a potential key market segment of the future,” said Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche AG.

Porsche is very serious about personal air travel and even put out a concept which you can see pictured above. They've even laid out the framework for their vision of an aircraft. The yet to be named vehicle will have vertical take off and landing, just like the Harrier jet fighter. Not only that, Porsche isn't going for a turbofan engine for their airplane. Instead, they're looking at electric propulsion for it. The company even added that they will be testing prototypes in the near future.

Now that we have two automakers who say they want to build aircrafts, does this mean we'll see more of them in the future? It's difficult to determined at the moment, but if the idea does gain traction, it might just become reality.