Terrafugia, Inc. to Display Proof of Concept for Its Transition(R) Roadable Aircraft at EAA AirVenture in Oshkosh, WI July 28-Aug 3

Written by thomas · Filed Under Aeronautics News 

July 16, 2008

thomas

WOBURN, Mass., July 15 /PRNewswire/ — Terrafugia, Inc. will debut the
Proof of Concept Transition(R) Roadable Aircraft at the annual EAA
AirVenture convention in Oshkosh, WI. Terrafugia’s Transition(R) is a
unique aircraft, commonly referred to as a “flying car.” On the ground, the
Transition(R) folds its wings to fit in a standard garage and drives on the
road at highway speeds. In the air, the Transition(R) flies between
airports like a typical general aviation aircraft. The functionality of
Terrafugia’s Transition(R) allows owners to better utilize all 5000+ public
airports — bringing true door-to-door convenience to the aviation world.

“Completion of the Transition(R) Proof of Concept is a significant
milestone in the development of the first practical roadable aircraft,”
said Carl Dietrich, CEO/CTO of Terrafugia Inc. First flight of the
Transition(R) Proof of Concept is on schedule for the end of 2008.
Production airframe reservations are currently being held with refundable
deposits.

Terrafugia’s Transition(R) Roadable Light-Sport Aircraft seats two and
is expected to have a 460 mile range with a fuel consumption of 30 mpg at a
cruise speed of over 100 mph in the air. The Transition(R) features a
convenient electro-mechanical wing actuation system, aerodynamic bumpers, a
safety-cage and crumple zones, and a full-vehicle parachute. The
Transition(R) has already attracted significant customer and investor
interest due to its unique ability to combat the cost, weather sensitivity
and logistical concerns of personal aviation.

Light-Sport Aircraft:

In 2004 the FAA created the Sport Pilot/Light-Sport Aircraft Rule. This
Rule makes becoming a pilot simpler and less expensive. Terrafugia’s
Transition(R) brings a new level of safety, convenience and practicality to
personal flying. By combining this new rule with innovative technology,
Terrafugia is poised to spark the next revolution in flight. Light-Sport
Aircraft must weigh less than 1320lbs at takeoff and conform to
industry-standard design and performance guidelines.

EAA AirVenture:

The EAA AirVenture convention is the largest general aviation event in
the world. Over 500,000 pilots, aviation enthusiasts, and industry leaders
are expected to attend.

Terrafugia, Inc.:

Terrafugia, derived from the Latin for “escape from land,” is based in
Woburn, MA and was founded by graduates of the Department of Aeronautics
and Astronautics and the Sloan School of Management at the Massachusetts
Institute of Technology. http://www.terrafugia.com.

SOURCE Terrafugia, Inc.

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