Terrafugia, Inc. is developing the Transition. The Transition is a road-able aircraft that will be able to land at the airport, fold up its wings, and drive on the road. Terrafugia's mission is expanding personal mobility through the practical integration of land and air travel.
The first prototype wil be ready in late 2008, while the first delivery is scheduled for late 2009.
The anticipated price of the Transition is $148,000.
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