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Terrafugia is leading the creation of a new flying car industry

  • Stage Prototype Ready
  • Industry Industrial/Energy
  • Location Woburn, MA, USA
  • Currency USD
  • Founded January 2006
  • Employees 25
  • Website

Company Summary

With a substantial backlog for its first product, the Transition® street legal airplane, Terrafugia is already a major transformative force in the general aviation industry. The company’s strategic roadmap mitigates future risk while maximizing market potential. We're focusing resources on the development and integration of the key technology and regulatory components that most enhance safety, simplicity, and convenience of personal aviation


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    Carl Dietrich

    Terrafugia’s CEO/CTO, Co-Founder. BS, MS and Ph.D. from the Department of Aeronautics and Astronautics at MIT shortly after being selected as the 2006 winner of the prestigious Lemelson-MIT Student Prize for Innovation. Carl was additionally recognized by the Aero/Astro Department at MIT as one of sixteen exceptional graduates under the age of 35. Carl also received "40 Under 40" awards from the Boston Business Journal

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    See Bizplan

Previous Investors

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    Over $10M raised to date