waderoush writes "Aviation enthusiasts have been dreaming of flying cars since the 1940s. But in an old machine shop in Woburn, MA, a team of MIT aero/astro grads is building what could be the first practical airplane that's also certified for highway driving. Angel-funded startup Terrafugia, headed by 2006 Lemelson-MIT Student Prize winner Carl Dietrich, hopes to have its first full-scale proof-of-concept vehicle ready to show off at July's AirVenture aviation festival in Oshkosh, Wisconsin."
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