Terrafugia is an American company founded in 2006 that focuses on developing flying cars, also known as roadable aircraft. Their goal is to create vehicles that can seamlessly transition between driving on roads and flying in the air, making personal transportation more versatile and efficient. The company's flagship product, the Transition, is a two-seat aircraft that can be driven like a car and flown like a plane. It features foldable wings, allowing it to fit in a standard parking space. Terrafugia aims to revolutionize transportation by combining the convenience of automobiles with the freedom of flight.