The Flying Car Might Be Your Next Company Car The future is finally here.

We've been promised flying cars for, oh, about as long as we've been promised jetpacks. But Woburn, Mass.-based Terrafugia is ready to finally fulfill one of those dreams: It has spent a decade developing the Transition, a car with airplane wings whose first prototype took flight in 2009. President and cofounder Carl Dietrich says he could get this baby on the road in just two years, assuming he raises another round of financing to cover production.

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Private aircraft have been small-business tools for decades. Are today's entrepreneurs in your target market?
Dietrich: Absolutely. The Transition has the potential to help businesspeople do more in a day. Not only can you land closer to your final destination compared to airline travel, but you can drive straight from the airport instead of arranging another ride.