Terrafugia Competitors, Revenue, Alternatives and Pricing

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Boston, MA USA
Total Funding:N/A
Lead Investor(s):N/A

Estimated Revenue & Financials

  • Terrafugia's estimated annual revenue is currently $51.9M per year.(?)
  • Terrafugia's estimated revenue per employee is $246,000

Employee Data

  • Terrafugia has 211 Employees.(?)
  • Terrafugia grew their employee count by 21% last year.
  • Terrafugia currently has 20 job openings.

Terrafugia(ter-ra-FOO-gee-ah), Inc. 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 by five award-winning MIT graduates, Terrafugia's mission is to create practical flying cars that enable a new dimension of personal freedom. Today, Terafugia's team of experienced engineers, designers, certification experts, and business professionals combines aviation and automotive expertise in pursuit of a common vision to disrupt the transportation industry. 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.