PAL-V’s “flying car” has successfully completed its maiden voyage in the Netherlands. The “Personal Air and Land Vehicle” flies likes a gyrocopter with the help of an auto-rotating rotor and a rear folding push propeller. On the road, the company claims the PAL-V ONE drives like a sports car. “We are very proud to announce this successful maiden flight of the PAL-V and we now invite investors to create the future with us,” said Robert Dingemanse, CEO and co-founder of PAL-V. “We know there is a lot of interest for the PAL-V. Prior to announcing these test flights, we were already approached on a daily basis by potential customers and dealers wanting to be part of this exciting project.” The copter-car hybrid features a flying range between 220 miles and 315 miles and a driving range of about 750 miles, and it is capable of reaching speeds of up to 110 miles-per-hour on both land and in the air. The vehicle runs on gasoline, however the company is currently developing versions that will use biodiesel or bio-ethanol. Read on for PAL-V’s press release and video demonstration.

http://www.bgr.com/2012/04/03/flying-car-makes-successful-maiden-flight-in-the-netherlands-video/[b][/b]

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