BRATISLAVA-based company AeroMobil R&D, which is engaged in the development of a flying car, will be granted investment assistance of nearly €6 million from state coffers towards research and development activities, according to a proposal tabled by the Education, Science, Research and Sport Ministry that was approved by the government on July 1.
The Slovak AeroMobil company has been presenting its flying car of the same name at international expositions recently, raising considerable interest. The prototype road-worthy aircraft – a vehicle that can be converted from an automobile to an aircraft – was designed by Štefan Klein, who worked on the concept for more than a quarter century. Klein first flew the AeroMobil in 2013 and has been testing the capabilities of the flying car in the skies above Nitra almost daily since then. The first vehicle is planned to go on the market in 2017 – at a price comparable to luxury cars.
As a car, the AeroMobil fits into any standard parking space, uses regular petrol and can be used in road traffic like any other car. As an aircraft, it can take off from and land at any airport in the world, paved surfaces or even a grass strip a few hundreds metres long.
The company will use the assistance towards two projects worth €8.34 million to be conducted over 2015-17. The company has allocated €2.34 million from its own resources towards the projects. These are expected to create 43 new job opportunities in the field of research and development.
AeroMobil R&D was set up in March 2015 and is focused on research and experimental development in the area of natural and technical sciences and interdisciplinary research.
2. Jul 2015 at 6:40 | 
Source: Government okayed support for flying car development
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