Slovakian company AeroMobil on Thursday debuted its limited first edition flying vehicle at Monaco's Top Marques auto show, and announced that it would start taking preorders that it will deliver in 2020.
It will be available to preorder as soon as this year but is not for everyone: Besides the big price tag - $1.3 million to $1.6 million - you'd need a pilot's license to use it in the air.
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'The technology is there.
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Just last week, Aeromobil revealed its flagship vehicle has been redesigned with hundreds of improvements. It can drive on roads like a regular vehicle, but it also has wings and could transform into "flight mode" in under three minutes.
The team has said was built in compliance with the existing regulatory frameworks for both cars and airplanes.
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The team began this journey in 1990 with a sketch of a vision for the future of transportation. A turbocharged boxer engine that creates around 300 horsepower powers the flying auto in both the sky and road, although that engine in road use powers a pair of electric motors that drive the front wheels.
And over the years, it has morphed into a fully functioning machine.
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'We got a positive feedback from several experts in avionics, which appreciated design and the technical solution of the process of transformation.