The Boston Business Journal reports Terrafugia has been testing it’s vehicle called Transition, which can fly at speeds of up to 100 miles an hour, and can reach altitudes of 10,000 feet. It’s scheduled to be released in mid-2016.
Terrafugia CEO Carl Deitrich tells the BBJ their target customer is retired or semi-retired. “Many were promised a flying car when they were younger and now they can get one,” he said.
Terrafugia hopes to have the little two-seat flying car called Transition ready for sale within a year.
Terrafugia of Woburn has received approval from the federal government to allow its test car/plane on highways.