Look Out World, Flying Cars Have Arrived

Well, we used to see it on all those shows about the future where everyone wears the same spacesuit, and finally, it has arrived. Or more accurately, it has taken off.

The world's first flying car is called the Terrafugia Transition, and the Federal Aviation Administration (FAA) granted approval for the hybrid ground-air vehicle that reportedly can travel up at speeds of 100 mph. All for the low, low price of about $400,000.

"A flight-only version of the craft is now available to pilots and flight schools, though it will be another year or so before its car components are 'street legal' -- it still needs to meet road safety standards," per the Daily Mail.

Terrafugia is hoping for mass production and approval of the soaring vehicle by 2022. And yes, those behind the wheel will need both a driver's license and pilot's license.

Once that's accomplished, drivers will be able to make the change from driving to flying and back again in less than a minute. Ideally, operators of said vehicle/aircraft will be able to takeoff and land on interstates or small airports.

Bottom line: This is both really cool and terrifying. But we may not be far away from the days when 16-year-olds will get their driver's license and pilot's license at the same time. Oh, and a functional parachute.