According to CNN Money, the AeroMobil 3.0 may take to the air soon. The Slovakian maker claims that the vehicle "transforms in seconds from an automobile to an airplane" by using "existing infrastructure created for automobiles and planes."

The 20-foot-long AeroMobil 3.0 is gas-powered, and has folding wings, so it can park on the ground. The company's web site shows the flying car driving from a hangar and proceeding along the highway until it gets to a take-off location.

It then unfolds its wings and takes off, either from a stretch of grass or a paved tarmac. It can fly like any other small airplane. Hmmm, does this remind you of a favorite airborne family from many years ago?