RadioBDC Logo
Next Year (RadioBDC Live @ Coachella) | Two Door Cinema Club Listen Live
 
 
Text size – +

The significance of 'that flying car company'

Posted by Scott Kirsner December 15, 2009 07:20 AM
  • E-mail

    • E-mail this article

    Invalid E-mail address
    Invalid E-mail address

    Sending your article

    Your article has been sent.

E-mail this article

Invalid email address
Invalid email address

Sending your article

Your article has been sent.

terraf.jpg
Yes, I was a bit skeptical in October 2008 when I wrote about Woburn-based Terrafugia, that company that is trying to build a flying car (or, if you prefer, a roadable aircraft):

"Want a big entrepreneurial challenge? Try to design an aircraft and bring it to market... Want an enormous entrepreneurial challenge? Design an aircraft that can also fold up its winds, drive off the runway, and travel safely at highway speeds. Success is so absurdly improbable it is like asking the clerk at the local pet store to sell you a parakeet that can also bench-press 400 pounds and play the trombone."

Five months later, Terrafugia's "Transition" hybrid car/aircraft made its first flight. The company spent the rest of 2009 working on a second, more advanced aircraft that will be used for more testing, and taking its first "proof of concept" vehicle to air shows, the Smithsonian, the Museum of Science in Boston, and the fall MassTLC Innovation UnConference. Terrafugia expects to make its first deliveries to customers in 2011.

After the 2008 column, Terrafugia CEO Carl Dietrich let me know he thought I was being unduly skeptical about his company's chances for success (maybe it was the parakeet remark?) The Globe's copy editors had also headlined the column "Fighting to take off," which further accentuated the degree of difficulty.

You know what? I still think you couldn't pick a tougher start-up challenge than what they're trying to do at Terrafugia. But then I saw the plane on display at the Innovation UnConference this fall. You just couldn't ignore how jazzed all the tech entrepreneurs were who were circling it and peppering Dietrich with questions. The atmosphere was a combination of "I can't believe they're building this" and "Rock on."

keys.jpg
It struck me that one of the things that is great about the innovation economy in New England is that it supports this kind of ambitious, high-risk, engineering-intensive, let's-do-it-because-it's-never-been done project. (At left are the keys to the Terrafugia proof-of-concept vehicle, seen through the passenger side window. The little red tag there says, "REMOVE BEFORE FLIGHT.")

You can view Terrafugia as a poster child for the purest kind of entrepreneurship possible: whatever you envision, however outlandish, can become real with the right combination of people, smarts, energy, and, yes, at least a sprinkling of capital.

Terrafugia challenges other entrepreneurs to ask:

- Who needs venture capital? (So far, they've been funded by individuals and scrappy boot-strapping.)

- Who needs an industry cluster to support you? (Massachusetts is not a hotbed of aviation innovation.)

- Why bother worrying about people (whether investors, rivals, or newspaper columnists) who don't think your idea is going to fly?

- Who cares if other companies have tried and failed to do what you aim to do? (Often, innovators succeed after having another crack at a problem that seems impossibly stubborn.)

- How do you take small, concrete steps that carry you forward? (Almost everything Terrafugia has done has involved blazing new trails, whether it's working with the federal Department of Transportation on safety requirements or the Massachusetts Registry of Motor Vehicles to apply for a license plate.)

Will Terrafugia succeed? Still very much an open question. But I'm glad they're out there, plugging away. 
tags aircraft, aviation, Carl Dietrich, entrepreneurship, Terrafugia
  • E-mail

    • E-mail this article

    Invalid E-mail address
    Invalid E-mail address

    Sending your article

    Your article has been sent.

On Facebook

Subscribe via e-mail

Get Innovation Economy updates via e-mail. Enter your address and click 'Subscribe':

More from Scott

about the blogger

About Scott Kirsner Scott Kirsner was part of the team that launched Boston.com in 1995, and has been writing a column for the Globe since 2000. His work has also appeared in Wired, Fast Company, The New York Times, BusinessWeek, Newsweek, and Variety. Scott is also the author of the books "Fans, Friends & Followers" and "Inventing the Movies," was the editor of "The Convergence Guide: Life Sciences in New England," and was a contributor to "The Good City: Writers Explore 21st Century Boston." Scott also helps organize several local events on entrepreneurship, including the Nantucket Conference and Future Forward. Here's some background on how Scott decides what to cover, and how to pitch him a story idea.

Events

May 16 & 17: Convergence Forum on Life Sciences
Speakers from Bristol-Myers, Millennium Pharmaceuticals, and Biogen Idec talk about the next ten years of the biopharma business. Plus, journalist David Ewing Duncan on radical life extension. (I'm hosting.)

May 22: MIT Sloan CIO Symposium
Chief information officers from Guess, Haemonetics, Intel and other companies talk discuss "architecting the enterprise of the future."

June 25: TEDxBoston
The oldest and biggest of the locally-organized TED events is back, at the Seaport World Trade Center. Tickets are free, but tough to get. Also streams on the web and airs on WBUR.

archives

links we like