The Dutch PAL-V company has spent the last 7 years developing this flying car, the PAL-V 1. As a car, it works as a leaning 3 wheeler and it’s a gyrocopter in the air. The 213 hp gasoline engine has to come to a full stop to convert between ground and air operation. The transformation takes less than 10 minutes. The PAL-V requires 540 feet to take off and only 30 to land. It weighs 1500 pounds and can carry two people up to 500 pounds.

Check out the article on Gizmag for all of the details.