Terrafugia, a startup born out of MIT, is accepting reservations for its Transition flying car. Owners can legally operate the vehicle if they have a Sports Pilot License, showing the Federal Aviation Administration (FAA) has already cleared a path for vehicles of this nature.
"The aircraft regulation for both the US and Europe are very very similar indeed," MacAndrew said. "Within months of being able to sell the vehicle in Europe we will also be able to sell it in the US market."