This morning it’s official — the future is now. The Terrafugia Transition (R), the first plausible “flying car” (or more precisely, a “roadable aircraft”), took its first official flight earlier this month. 

 Terrafugia press conference at 9:30 AM this morning offered the following details:  The two-seat aircraft is able to fly 450 miles at over 115 MPH and is designed to transform from plane to car in less than 30 seconds.  Click here to read the entire press release.

The Transition, their first “roadable aircraft” (we’re going to go ahead and call it a Jetsons-like “flying car”), took its official first flight on March 5th, 2009 at Plattsburgh International Airport. It’s the first time we’ve seen an actually plausible“roadable aircraft” work in real life.

 Click here to view the full gallery of Terrafugia.  Also, Here is an awesome video from YouTube showing the vehicle in action.