In a media statement, Terrafugia CEO Carl Dietrich said that “We are passionate about continuing to lead the creation of a flying car industry and are dedicating resources to lay the foundations for our vision of personal transportation. Terrafugia is about increasing the level of safety, simplicity, and convenience of aviation. TF-X is an opportunity to provide the world with a new dimension of personal freedom."
The company has already created the "Transition" a vehicle that is capable of flying in and out of airports. The first aircraft was successfully tested in 2009. Th second generation "Transition" performed a driving and flying demo last year.
Read more at www.whatsnext.blogs.cnn.com