Terrafugia

Flying car maker Terrafugia has laid off the majority of its employees at the company headquarters in Woburn, Massachusetts, according to a report from Forbes on Tuesday. Between 80 and 100 people are believed to have been affected. It has also been reported that Terrafugia, which was sold to Chinese conglomerate Zhejiang Geely Holding Group […]

Terrafugia announced on Tuesday that it has obtained a Special Light-Sport Aircraft (SLSA) airworthiness certificate from the FAA for its Transition roadable aircraft. While designed to meet both FAA and National Highway and Traffic Safety Administration (NHTSA) safety standards, the initial version of the Transition is a flight-only model. Terrafugia says intends to produce and […]