Instead of folding wings, it uses a paraglider-style canopy for lift. I-TEC (The Indigenous People's Technology and Education Center) spent 7 years in development. I talked with one of the I-TECcies at Sun 'n Fun 2010 and they're pretty proud of this compact, relatively inexpensive vehicle.
Changing from road warrior to sky king takes just a few minutes. Once rigged, the fabric-fuselage Maverick lifts off in 250 feet, climbs at 500 feet per minute, and rips along at just under 40 knots.
It tips the scales at the LSA-legal max of 1,320-lb., with no special FAA allowance required.
One nice innovation is the mast/spar system, which makes inflating the canopy easier than the conventional powered parachute method.
The car/bird is Florida street legal now, can keep up with traffic on the highways, and rides and flies using the steering wheel and gas pedal.
Floats are even available!
--- images courtesy I-TEC
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