by Nate Wooley | May 7, 2013 9:22 am
The long-held dream of a flying car is nearing reality.
The TF-X — made by Massachusetts aerospace firm Terrafugia — will actually take off and land more like a helicopter, USA TODAY reports.
The TF-X will use rotating propellers to lift off and touch down, much like the V-22 Osprey used by the Marines. After it’s in the air, the props will rotate to a normal flying position. When on the ground, the TF-X will handle like a normal car.
With another 10 years’ worth of development scheduled, people won’t be driving/flying the TF-X for a while. However, for those who can’t wait, Terrafugia is taking orders for its Transition flying car for delivery in 2015. The Transition is a more traditional folding-wing flying car that comes with a price tag of $279,000. The company has more than 100 pre-orders on file for the Transition.
“We felt this was our time to share our vision of the future,” Richard Gerch, vice president of Terrafugia says.
Source URL: http://investorplace.com/2013/05/the-flying-car-you-might-see-as-soon-as-2023/
Short URL: http://invstplc.com/1nv8lY8
Copyright ©2016 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.