The firm has also made some updates to the two-seat vehicle’s interior, safety systems, motor, and flight instruments. Among the improvements are a hybrid-electric motor, upgraded seats, more luggage storage, improved seat belts, airbags, rear-view cameras, and a new parachute system, as well as “boost’ mode.” There are also plans to introduce a four-door version of the vehicle known as a TF-X later, which won’t require an airport for taking off and landing.

Terrafugia isn’t the only company developing a flying car. Aston Martin revealed the Volante Vision Concept, an autonomous hybrid-electric vehicle capable of vertical take-offs and landings. Kitty Hawk, a startup backed by Google co-founder Larry Page, has begun taking pre-orders for a single-seat recreational model. Other companies include Airbus, Uber, and jet engine maker Rolls-Royce. The future is happening!