Flying car from Terrafugia closer to reality with FAA scrutiny

Terrafugia, the “flying car” company, was founded in 2006 by award winning MIT-trained aeronautical engineers and MBAs – who also happen to be passionate private pilots. Taking advantage of new U.S. Federal Aviation Administration (FAA) regulations in the Light Sport Aircraft category, Terrafugia developed the Transition Roadable Aircraft to provide private and sports pilots the convenience of a dual-purpose vehicle for flight and road use.