AeroMobile Aiming To Put Flying Cars On The Market By 2017

At SXSW this week, AeroMobil CEO Juraj Vaculik revealed that the company is aiming to put flying cars in the sky and on the market by as early as 2017.

“We are now scaling up quite fast, building the team, and the plan is that in 2017 we’ll be able to announce the first flying roadster,” Vaculik told CNBC. “The point is not only to showcase that it’s possible to marry together a plane and a car, but to really commercialize it.”

According to the report, AeroMobil's first model will be a two-seater with a top air speed of 124 miles per hour and the ability to take off and land on grass.

The vehicle will be marketed toward luxury car and aircraft buyers with a price tag to match. Vaculik says the AeroMobil will likely cost a "couple of hundred thousand" euros.

Because of it's plane-like nature, the first model will require a pilot's license to operate but according to the Verge, the next model will be fully autonomous and self-flying.

AeroMobil has been developing flying car prototypes since the early 1990s. The latest prototype, the Aeromobil 3.0., was revealed in October 2014.

Sony recently began working on its own self-driving car technology, joining the likes of Apple and Google.