Ready For Take-off

In 2006 graduate students at the Massachusetts Institute of Technology tried to get an idea aloft that has intrigued people for decades: the flying car.
Terrafugia, a start-up created by a Lemelson-MIT Student Prize winner and colleagues at MIT's Department of Aeronautics and Astronautics plan to begin deliveries in 2010, the vice president of business development said. The vehicles sell for $194,000.
The Transition is designed for 100- to 500-mile jumps. It will carry two people and luggage on a single tank of premium unleaded gas. It will also come with an electric calculator (to help fine-tune weight distribution), airbags, aerodynamic bumpers and of course a Global Positioning System (GPS) navigation unit.
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