The path to a flying car is one step closer to becoming reality. That may sound like a stretch, since the flying car has been "just around the corner" for decades. But Terrafugia just completed its first phase of flight testing for its production-conforming prototype Transition "roadable aircraft" and is firmly on the path to completing the development and delivering to customers.
Source: http://www.wired.com/autopia/2012/07/terrafugia-phase-1/
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