Flying Car Production Rights Sold to China

The rights to produce a flying car in China have been sold by the Slovakia-based developer of the vehicle.

KleinVision sold a geographically limited license for producing the flying car technology to Hebei Jianxin Flying Car Technology in China.

The specific region nor the value of the deal were not disclosed.

The Slovak Transportation Authority had certified the AirCar for flight and the car-aircraft vehicle has demonstrated more than 200 takeoffs and landings, according to the company.

"We are pleased to announce the sale of the license for our certified flying car technology to the esteemed Chinese company," said Stefan Klein, chairman of KleinVision. 

This licensing agreement gives the Chinese company exclusive rights to manufacture and distribute the flying cars with KleinVision’s technology.

The flying car has retractable wings, folding tail surfaces and a parachute deployment system.

In car mode, the tail folds in, making the car smaller than the flying version.

The first flight of a prototype of AirCar was conducted at Nitra Airport in October 2019.

The flying AirCar prototype was introduced to the general public the following month in Shanghai, China.

The AirCar is not the only flying car under development.

Samson Sky, the maker of the high-performance Switchblade “flying sports car,” was granted a patent for its wing-swing design by the European Union, bringing the number of patents to six for the Oregon company.

Related:Flying Sports Car Gets Patent for Folding Wings; $5M in Orders

To fly the switchblade, the wings swing out and the tail extends in fewer than three minutes for takeoff from a local airport, according to the company. It can travel at speeds up to 200 mph and up to 13,000 feet and requires a landing distance of 700 feet.

The prototype test vehicle has been flown at an altitude of 500 feet for nearly six minutes before landing.

And Alef Aeronautics has received several thousand pre-orders for its electric aerial vehicle (EAV) flying car.

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