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\nWhile these regulations may seem like a hindrance to the casual observer, they are designed to keep everyone safe in the air and on the ground.<\/p>\nCase in point: In early May, the AeroMobil 3.0 prototype crashed during a test flight. The pilot was unharmed, but the situation clearly demonstrates the importance of careful regulation and strict safety certifications.<\/p>\n
The company told CNNMoney the crash will not delay its ambitious goal to start delivering vehicles by 2017. It’s already begun fixing the current prototype and constructing a new one.<\/p>\n
Aside from regulatory and safety concerns, a lack of funding can also seriously hamper progress, or stop it altogether.<\/p>\n
AeroMobil recently accepted a \u20ac2.5 million ($2.8 million) investment from a venture capital firm, after being financed entirely by its CEO and co-founder Juraj Vaculik. Executives at the firm expect to sign up further investors in the immediate future, despite the recent crash.<\/p>\n
Paul Moller, the founder of Moller International, said he’s spent roughly $200 million since the 1970s developing his flying vehicles. He expects he could always find more money.<\/p>\n
“There’s a lot of money in this country. What you have to do is prove to people you have a product that has a future,” he told CNNMoney.<\/p>\n
Another obvious challenge is finding customers. But flying car entrepreneurs seem unfazed, with some saying they’ll target the military and law enforcement agencies, while others say they’re aiming for rich individuals and business owners.<\/p>\n
AeroMobil said it wants to tap the luxury market, targeting rich people who can afford to buy supercars and yachts.<\/p>\n
“Early adopters will be these kinds of people [who] are looking for new technology, new excitement, and they like to have the most advanced transportation solutions,” AeroMobil’s CEO told CNNMoney.<\/p>\n
Prices tend to hover around $300,000 level, but can vary widely. PAL-V CEO Dingemanse said he plans to sell his vehicles for \u20ac300,000 ($340,000) each, but he’ll also offer a “limited edition” model for \u20ac500,000 ($566,000).<\/p>\n
But anyone looking to buy a flying car has to realize that it won’t be like The Jetsons show, where drivers zip around whenever they like.<\/p>\n
Many of these flying planes will need runways for takeoff.<\/p>\n
“If you can’t take off vertically, you need an airport,” said Moller.<\/p>\n
Even Moller’s vehicles, which are designed to take off vertically like drones, will require “vertiports,” since they create too much wind for residential areas, he said.<\/p>\n
–<\/p>\n
Source: CNN<\/p>\n","protected":false},"excerpt":{"rendered":"
A surprising number of small companies around the world are vying to be the first to bring flying cars to customers, and many are predicting that 2017 will be a turning point for the industry. Terrafugia, AeroMobil, Moller International and PAL-V are just a few of the companies that are planning to produce, sell and […]<\/p>\n","protected":false},"author":24,"featured_media":117349,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[18],"class_list":["post-117348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-dr-akwasi-osei"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/117348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117348"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/117348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/117349"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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