PHOTOS of the Flying Car

Apr 04, 2012 02:56 PM EDT

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Terrafugia Transition®, "Flying Car"
Terrafugia.com

Terrafugia, a Woburn, Mass.-based company, is known for making the “flying car” Transition® Roadable Aircraft. The two-seater has four wheels and foldable wings, allowing for a drive on the road as well as a fly on the sky.

The prototype of the flying car has recently completed its first official flight on March 23, flying across 1,400 feet for 8 minutes. Transition® is said to travel at the maximum speed of 90 mph on the ground and 115 mph in the air. It is possible to fly up to 490 miles.

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Around 100 people have already put $10,000 deposit for a Transition® before it is available in the market. According to reports, the product is to cost around $279,000. Those who wish to purchase one must have a valid pilot license by taking a 20-hours-flight test. The company is shooting for the first delivery date to be within the next year.

The Transition® is scheduled for a public display at the New York International Auto Show this week.

Check out the photos of the flying car in the following slides.

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