Melbourne: Can't afford the luxury of a private jet? Don't worry, as a US aeronautical company has developed a flying car that transforms into a plane in just 20 seconds.
Funded by the US Department of Defense, the 'Transition' is a four-wheel vehicle, licensed for the road, which transforms into a plane in about 20 seconds and can then fly up to 500 miles.
The starting price of the car is USD 279,000, slightly less than the cheapest conventional two-seater aircraft and about the same as a supercar such as a Ferrari,'the Age' reported.
"People tend to smirk when you say you're trying to make a flying car," Carl Dietrich, the Transition's inventor, said. "But we're very serious about producing a flying car and selling it," he said....more
06:11 PM, Aug 30, 2012