According to reports, this car transforms into a plane in just 1 minute. A high-flying company is hoping that futuristic airborne cars will soon become a reality. Massachusetts-based Terrafugia, which was founded in 2006 by a team of MIT graduates, plans to start selling its flying car, named the TF-X, in as little as eight years. And the manufacturer expects to have developed full-size unmanned prototypes of the TF-X by 2018. 







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