A Slovakian company called AeroMobil on Thursday unveiled its version of a flying vehicle, a light-framed plane whose wings can fold back, like an insect, and is driven by a hybrid engine and a rear propeller.
'The technology is there. It has around 434 miles of driving range, too, or around 466 miles of flight range operating at 75 percent of its maximum speed.
The company, one of several developing such flying vehicles, aims to make up to 500 units of its first commercially available edition, priced at 1.2 million to 1.5 million euros ($1.29 million to $1.61 million).
Though it is not legal -yet - to take off from a highway.
The previous AeroMobil 3.0 prototype made news in 2014 when it was presented in Vienna.
AeroMobil said its teardrop-like shaped AeroMobil Flying Car, displayed at the Top Marques Monaco, could switch to flight mode in less than three minutes.
In order to own the flying auto, however, owners must have both a driver's and pilot's license, AeroMobil Chief Communications Officer, Stefan Vadocz, said to Reuters.
The team began this journey in 1990 with a sketch of a vision for the future of transportation.
AeroMobilA Slovakia-based startup has tossed its hat into the very nascent field of flying cars.
'Our first model looked quite weird and it would have problems in the regular use. A turbocharged boxer engine that creates around 300 horsepower powers the flying vehicle in both the sky and road, although that engine in road use powers a pair of electric motors that drive the front wheels.
Sphera Funds Management LTD. acquired a new stake in Nivalis Therapeutics during the third quarter worth approximately $1,664,000. Endurant Capital Management LP boosted its position in shares of Nivalis Therapeutics by 29.8% in the third quarter.
The Commons vote, by 522 to 13, paved the way for a seven-week campaign that has taken the country by surprise. Theresa May defended her decision to call the poll saying she "reluctantly" changed her mind in recent weeks.
Mitsubishi UFJ Financial Group assumed coverage on Medical Properties Trust in a research note on Sunday, December 18th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.
The FCC added 50 percent of the buildings in a county are within a half-mile of a location served by a competitive provider. Democrats in Congress have raised their fears with the commission that more consolidation could harm consumers.
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Ossoff's campaign will also launch a series of clips promoting the former congressional aide Thursday, the newspaper reported. The victor replaces Republican Tom Price , who stepped down to serve as Mr Trump's Secretary of Health and Human Services.
During the same period in the previous year, the firm earned ($0.21) EPS. 4/13/2017-BMO Capital Markets Reiterated Rating of Buy. On Wednesday, November 9 Chariag Belgacem sold $871,305 worth of Baker Hughes Incorporated (NYSE:BHI) or 15,000 shares.
Abe said he supported Trump's stance that strategic patience with North Korea had run out, and that all options were on the table. Pence's economic discussions in Tokyo will be closely watched to see how hard a line Washington is prepared to take on trade.
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