Individuals who were hoping to see the flying car become a reality were excited in January 2021 when Terrafugia, a Massachusetts-based company, attained a Federal Aviation Authority airworthiness certification for Transition, a winged aircraft that can also be driven on the road. The certification was one of the first in the industry, and flying car enthusiasts were likely elated about the news. However, from a legal standpoint, the possibility of motor vehicle accidents may become a bigger issue if flying cars become commercially viable.
Futurists have even made reservations to buy the Terrafugia, which costs more than $300,000. However, despite the excitement of January 2021, in the following month, 43 employees were laid off by Terrafugia. This was nearly all of the company’s Massachusetts workforce. General manager and vice president of Terrafugia is focused on a new business venture unrelated to flying cars.
It should come as no surprise that Terrafugia may not be around for much longer. Inventing a working flying car has been shaky territory since its 1917 inception. Futurists still believe that that flying car will make its debut to the industry soon despite the risk of potential accidents to consider.
New Hampshire and the future of flying cars
New Hampshire was the first state in the country to make flying cars legal. The Jetsons Bill, or House Bill 1182, indicates that vehicles have to pass the Federal Aviation Administration assessment, and owners of flying cars must pay a registration of $2,000 to use flying cars on public roads.
Even though flying cars seem like an exciting prospect, safety is a major concern as these vehicles might present an increased risk of accidents. Speak with a qualified attorney if you’ve been a car accident victim to increase the chances of getting fair compensation for your injuries.