The vehicle is called VoloCity, and is designed to fly around cities and urban environments, transporting passengers with ease.
Flight tests are not yet complete, but if successful, a demonstration will take place over the Paris Olympics in 2024.
The VoloCity aircraft will run on nine electric batteries, and it will carry a pilot and one passenger. It will have a range of 35 kilometers and a top speed of 110 kilometers per hour.
Volocopter already has tested its flying taxi in different parts of the world, and last October it chose Singapore for the first test in the heart of a city.
Several other companies are working on similar projects, including Boeing, Airbus, Toyota and Hyundai.