AeroMobil

Headquarters: Slovakia

What: In April, 2018, this eight-year-old engineering firm launched the hybrid-electric AeroMobile 5.0 prototype, a four-wheeled, four-passenger VTOL that can be driven on roads and flown in the air. It’s intended to be used as a way to get around metropolitan areas. The company also has a 4.0 STOL (short take-off and landing), designed to make short stops between cities.

How: AeroMobil is designed with two electrically driven rotors and one electric powered rear-mounted pusher propeller. Lift-assistance motors on the wing tips expand flight performance. The flying car is expected to have a range of 100 miles. Its wings fold into the vehicle when it’s being driven.

When: The 5.0 VTOL is expected to be offered to consumers in a limited series in 2020. Asking price will be more than $1 million.