Meet 'Blackbird': A flying taxi that spins and moves in any direction thanks to new propulsion...

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A new type of flying car could soon be ferrying passengers through the skies using a novel propulsion technology, engineers say.

On Nov. 5, CycloTech, an Austrian company that builds flying car components, unveiled blueprints for its new "BlackBird" demonstrator aircraft — a flying car that uses a custom-made alternative to propellers.

Dubbed the "CycloRotor," this all-electric propulsion system is based on the principle of the Voith Schneider propeller (VSP) — which is frequently used on tug boats and ferries, CycloTech chief technology officer Tahsin Kart said in a promotional video. It's a circular rotor with small propeller blades inside, which spin around and can be used for both propulsion and steering.