Dutch company PAL-V announced the first flights of its prototype "flying car". This unique vehicle is called the PAL-V One, or the 'Personal Air and Land Vehicle', and It marks the start of a new era. On the ground the vehicle drives like a sports car. Within minutes its rotor is unfolded and its tail is extended: then it is ready to take off thanks to the advanced gyrocopter technology.
Source / By Ben on Wed Apr 4 2012