Terrafugia, an MIT spin-off roadable-aircraft company (“flying car” sounds better) is being acquired by the Chinese owners of Volvo. I’m quoted in the Boston Globe story on the subject.
[Readers: Yes, I’m aware that this posting will be primarily of interest to my mom and dad! No need to point that out.]
The journalist did not quote what I thought were the most interesting things that I said. I pointed out that Terrafugia was founded before Uber. The existence of Uber makes an airport-bound airplane more useful and therefore a $50,000 used Cessna or Piper or $150,000 used Cirrus is almost certainly more practical as transportation (though of course plenty of people will buy a flying car just as a fun toy). I also pointed out that the main value of Terrafugia might be the team that understands something about certifying airplanes under the LSA standard. Geely might not want to make flying cars, but perhaps they want to make electric trainer airplanes?
- The MIT Flying Car Flies (2009)
- Second system syndrome without shipping the first system (2013)
- AeroMobil, the Slovenia flying car (i.e., Melania Trump’s first choice!)