Company Profile (AI Text)
Name: Terrafugia
Canonical URL: https://wefunder.com/terrafugia
Updated at: 2026-06-11T05:00:00Z

Tagline: Flying cars. Seriously.
Description: What we do: Terrafugia intends to build flying cars. Their TF-X program is aimed at producing a commercial personal aircraft and bring personal aviation into the mainstream. Why it's a big deal: While our ability to communicate and access information is increasing dramatically, personal transportation has not improved significantly in the past 50 years. If anything, travel today is more of a hassle. While the airlines have an impressive safety record, commercial air travel is far from convenient. Cars let you set your own schedule, but they’re slow and dangerous: the average commuter spends nearly five hours a week stuck in traffic, and globally, more than one million people die in car crashes each year. We need the safety of commercial aviation, the convenience and flexibility of a car, and the freedom of the open sky. We need a new industry that makes personal aviation safer, as simple as driving your car, and convenient for everyone. We need a practical flying car. Terrafugia intends to lead the creation of a new flying car industry that will help humanity achieve this new dimension of personal freedom.

Key claims:
- Total raised on Wefunder: 140200 | citation: https://wefunder.com/terrafugia#claim-total-raised
- Total investors: 46 | citation: https://wefunder.com/terrafugia#claim-total-investors

Verified facts:
- Total raised on Wefunder: 140200 | observed_at: 2026-06-11T05:00:00Z | expires_at: 2026-06-12T05:00:00Z
- Total investors: 46 | observed_at: 2026-06-11T05:00:00Z | expires_at: 2026-06-12T05:00:00Z

Computed metrics:
- total_amount_raised: 140200
- total_investors: 46
- team_size: 6
- featured_investor_count: 0
- faq_count: 5
- recent_post_count: 1

Quick facts:
- $30 million in orders | citation: https://wefunder.com/terrafugia#claim-fact-1
- 2 production-ready prototypes built | citation: https://wefunder.com/terrafugia#claim-fact-2
- 9 MIT degrees, including 2 Ph.D.'s | citation: https://wefunder.com/terrafugia#claim-fact-3
- 123 years combined aeronautical engineering experience | citation: https://wefunder.com/terrafugia#claim-fact-4

FAQ:
- Q: Any plans to make it a boat too ? submarine ? space vehicle ? In the future?
  A: No. TF-X is as far out as we are willing to speculate at this time.
- Q: You mentioned: "other business models like air-taxi services..." Do you have any customers who plan to use the Transition as an air-taxi?
  A: Eugene, because the Transition is initially expected to be certified as a Light Sport Aircraft, the first version is not eligible for air taxi services. Future versions certified through other mechanisms may be eligible for air-taxi use. Consequently, none of our current customers have air-taxi uses in mind.
- Q: In other Business.... Do you need or like a youthful spokesmen in the social media world to promote as well link others to your company? As well appeal to the young adults and in designs????
  A: Not at this time.
- Q: Pretty awesome work being done over there. How anyone from India can be a part of the team? ;)
  A: Investment positions can be requested from any country. Other opportunities are listed here: http://www.terrafugia.com/get-involved
- Q: How many confirmed patents does Terrafugia possess?
  A: Terrafugia currently holds two issued patents and three pending patents.

Recent posts:
- The most recent news is that in flight testing last week we completed the development of our power-off landing procedure and verified that the Transition has cross-wind landing capabilities on par with most other light sport aircraft. Phil - our test pilot - was very pleased to confirm the engineering predictions with actual flight testing! (2013-10-15T22:22:22Z) https://wefunder.com/feed/72