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Terrafugia’s Transition is a flying car. It’s an awkward, gangly beat, with wings that fold perpendicular to the ground like too-tall sails, and a wide, bubbly cockpit that seems out of place in the sky. It flies, and it drives, and now it has a waiver from the FAA that exempts it from some of the stricter requirements of being a light sport airplane, requirements hard to meet if it is also going to be a road-worthy car.

Popular Mechanics writes:

The news was first reported in Aviation Week, and doesn’t guarantee that flying cars will become practical in any sense. But by letting car safety standards augment or stand in for aircraft safety standards, it suggests what a successful hybrid may look like. And if Terrafugia’s testing goes well, then the few people with space, money, and desire for such a hybrid vehicle could possibly get one.

Watch it fly below: