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Company develops flying car

Company develops flying car
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POSTED: Friday, January 25, 2013 - 2:17pm

UPDATED: Friday, January 25, 2013 - 4:51pm

Flying cars aren't just the vehicles of science-fiction films and the Jetson's anymore. A company in California has developed what it calls the "Skycar".

Tthe inventor has financial backers in the U.S. and China to help get production rolling.

The Skycar model, now being wind tunnel tested, will be the first aircraft to come from the new joint venture. It is designed for short distance, low level flight and can be driven on a street at 30 miles per hour.

It's classified as light sports aviation so anyone can drive it. The first two passenger skycar version, similar to this, will take about a year until first deliveries.

It will not require a pilot's license. It will require what's called a pilots certificate which is like a driver's license.

Dr. Moller says he has buyers ready and waiting for the first two aircraft. 

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