Terrafugia’s cover photo
Terrafugia

Terrafugia

Aviation and Aerospace Component Manufacturing

Woburn, MA 10,099 followers

Driven to Fly

About us

Terrafugia, Inc. a company leading innovation in aviation and transportation, is a wholly-owned subsidiary of Zhejiang Geely Holding Group (Geely Holding), a global automotive group that owns several well-known international automotive brands. Founded in 2006, Terrafugia’s mission is to be the enduring leader of Next Generation transportation vehicles enabling freer lifestyles and modern societies. Today, Terrafugia’s team of experienced engineers, designers, certification experts and business professionals combines aviation and automotive expertise in pursuit of a common vision taking the transportation industry to the next stage and new dimension. Terrafugia’s first product, The Transition®, is the first step to the practical flying car. A street-legal airplane that converts between flying and driving modes in under a minute, The Transition® integrates proven technology with innovative patented design. The Transition® can fly in and out of over 5,000 public airports in the U.S. and is legal to drive on public roads and highways. Classified as a LSA (light-sport aircraft), The Transition® meets all the necessary certifications for both the FAA and NHTSA and is in the advanced stages of testing in preparation for production. Terrafugia’s next generation concept is the TF-2, utilizing innovative VTOL (vertical take-off and landing) technology. The TF-2 is a three-part integrated transportation system for Part 135 short haul operators who want to achieve a new level of convenience, comfort, and efficiency. With a detachable pod configuration your passengers or cargo will be able to travel seamlessly from point A to point B. Terrafugia is derived from the Latin for “Escape the Earth”. We’re Driven to Fly. To learn more visit, www.terrafugia.com.

Industry
Aviation and Aerospace Component Manufacturing
Company size
51-200 employees
Headquarters
Woburn, MA
Type
Privately Held
Founded
2006
Specialties
Flying Cars

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Funding

Terrafugia 7 total rounds

Last Round

Series C

US$ 1.0M

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