At the rate at which Massachusetts-based firm Terrafugia is going, it’s true that the age of the Jetsons is not too far away! The flying car took its very first flight and the 45-second stint in the air sure seems to have lifted the spirits of all those who have been waiting for the arrival of wings and wheels on the streets. When in air, the Terrafugia is capable of about 115 mph, with a flying-only range of 450 miles. But it can fold up its wings and hit 65 mph on road with an efficiency of 30 mpg running on the same gasoline as your own vehicle. Priced at $194,000, do not expect to drive one of these anytime soon as a production model is still a long way away. [via WCF]