Headquarters: Woburn, MA. The company was acquired in 2017 by Zhejiang Geely Holding Group, the Chinese automotive giant that owns Volvo and Lotus. What: The Transition’s been in development since 2006, when Terrafugia was launched by MIT grads. This folding-wing, two-seat roadable aircraft is powered by the Rotax 912ULS piston engine. Designed to fly like…

Read More

Volocopter GmbH (formerly e-Volo)

Headquarters: 50-employee company based in Bruchsal, Germany. What: Based on drone technology, the Volocopter 2X is a two-passenger eVTOL powered by nine discrete electric battery packs, each of which powers two rotors. Approved as an ultralight vehicle in Germany, it recharges in 40 minutes. The 18 rotors placed along a ring above the Volocopter 2X’s…

Read More

Flying Car Companies Jockey for Position

While the general public is still wrapping its head around the idea of self-driving cars, companies worldwide are preparing their flying cars for takeoff. Most, but not all, of the flying car concepts are VTOLs. Technological innovation in drone technology, electric batteries, propulsion systems, machine learning, and sense-and-avoid technology are making flying cars within reach….

Read More