Terrafugia

📍 Woburn, United States🗓 Founded 2006👥 35 employees💰 Last funded 2013
Aviation and Aerospace Component Manufacturing🌐 terrafugia.com
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Terrafugia, Inc. a company leading innovation in aviation and transportation, is a wholly-owned subsidiary of Zhejiang Geely Holding Group (Geely Holding), a global automotive group that owns several well-known international automotive brands. Founded in 2006, Terrafugia’s mission is to be the enduring leader of Next Generation transportation vehicles enabling freer lifestyles and modern societies. Today, Terrafugia’s team of experienced engineers, designers, certification experts and business professionals combines aviation and automotive expertise in pursuit of a common vision taking the transportation industry to the next stage and new dimension. Terrafugia’s first product, The Transition®, is the first step to the practical flying car. A street-legal airplane that converts between flying and driving modes in under a minute, The Transition® integrates proven technology with innovative patented design. The Transition® can fly in and out of over 5,000 public airports in the U.S. and is legal to drive on public roads and highways. Classified as a LSA (light-sport aircraft), The Transition® meets all the necessary certifications for both the FAA and NHTSA and is in the advanced stages of testing in preparation for production. Terrafugia’s next generation concept is the TF-2, utilizing innovative VTOL (vertical take-off and landing) technology. The TF-2 is a three-part integrated transportation system for Part 135 short haul operators who want to achieve a new level of convenience, comfort, and efficiency. With a detachable pod configuration your passengers or cargo will be able to travel seamlessly from point A to point B. Terrafugia is derived from the Latin for “Escape the Earth”. We’re Driven to Fly. To learn more visit, www.terrafugia.com.
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Total investors
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Late stage
2006
Founded

Investors

1 investors
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Investor geography1 country
United States
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Frequently asked questions
Who invested in Terrafugia?
Terrafugia has 1 investors on record on gritt.io and 1 late-stage investors.
When did Terrafugia last raise funding?
The most recent investment in Terrafugia recorded on gritt.io was in 2013.
When was Terrafugia founded?
Terrafugia was founded in 2006.
What industry is Terrafugia in?
Terrafugia operates in Aviation and Aerospace Component Manufacturing. Find similar Aviation and Aerospace Component Manufacturing investors on gritt.io.
Where is Terrafugia based?
Terrafugia is headquartered in Woburn, United States.