Terrafugia (ter-ra-FOO-gee-ah) intends to catalyze a revolution in personal mobility. Our vehicles bring a new level of safety, convenience, and freedom to personal transportation. The Transition® is the first step on the road to the practical flying car. A street-legal airplane that converts between flying and driving modes in under a minute, the Transition® integrates proven technology with innovative components such as our patented folding wing design. It gives the pilot the option to land and drive in bad weather, provides integrated ground transportation on both ends of the flight, and fits in a standard single car garage at home. The Transition® can fly in and out of over 5,000 public airports in the U.S. and is legal to drive on public roads and highways. It is the only light sport aircraft designed to meet Federal Motor Vehicle Safety Standards, and it is also equipped with a full-vehicle parachute for additional safety. Terrafugia is in the advanced stages of testing the Transition® in preparation for production. Terrafugia’s vision for the future is the TF-X™: a bold concept intended to lead the creation of a new industry and bring personal aviation into the mainstream. A four-seat, plug-in hybrid electric flying car with fly-by-wire vertical takeoff and landing (VTOL) capabilities, the TF-X™ is designed to bring personal aviation to the world. The design will make use of the high power density and reliability of modern electric motors in combination with parallel power and control system architectures to achieve a higher level of safety than modern automobiles. The TF-X™ will provide true door-to-door transportation combined with the freedom of vertical takeoff and landing -- creating a new dimension of personal mobility. Terrafugia is derived from the Latin for “Escape the Earth”. We’re Driven to Fly.™
Company Growth (employees)
Woburn, US
Size (employees)
48 (est)+20%
Terrafugia was founded in 2006 and is headquartered in Woburn, US

Terrafugia Office Locations

Terrafugia has an office in Woburn
Woburn, US (HQ)
23 Rainin Rd

Terrafugia Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$5.6 m

Latest funding size

$1 m

Time since last funding

over 5 years
Terrafugia's latest funding round in May 2012 was reported to be $1 m. In total, Terrafugia has raised $5.6 m

Terrafugia's Web-traffic and Trends

Terrafugia Online and Social Media Presence

Terrafugia News and Updates

The company making London's black cabs has bought a flying car startup

The company which makes London’s iconic black cabs is getting into the flying car business. China’s Geely, which also owns Volvo, has snapped up one of the handful of startups working on the technology, Boston-based Terrafugia. Spawned from Massachusetts Institute of Technology (MIT) in 2006, …

Geely Finally Buys Terrafugia

Geely has finally bought Terrafugia, the famous flying car we've been hearing so much about for years. So, what does this mean for the future of flying cars and other vertical take-off and landing (VTOL) vehicles

A little-known Chinese company is buying up London taxis, luxury sports vehicles, and now—flying cars

On the growing list of Chinese acquisitions of US-based companies, one recent deal reads like something from a science fiction novel. Geely, an automaker from…

Geely Buys Terrafugia & Takes To The Skies

OK, this is probably one of the easiest titles to pull off — "Geely buys Terrafugia and takes to the skies." The consequences of one of the biggest carmakers in the world continuing its buying spree, this time with a vertical take-off and landing (VTOL) startup, are interesting and revealing. China …

Terrafugia Company Life and Culture

You may also be interested in