Terrafugia on Team Selected by FAA for Research & Analysis Contract

Woburn, MA (January 6, 2016) – Terrafugia is a member of one of the four teams selected by the FAA to receive a System Engineering 2025 (SE2025) Small Business, Research and Mission Analysis Contract. Our team is led by Mosaic ATM and is tasked with advising federal regulators on the future of air traffic management and aviation infrastructure. In addition to Mosaic ATM and Terrafugia, the world-class team includes Boeing, Lockheed Martin, Virgin America, Embry Riddle Aeronautical University, and several other premier aerospace institutions and companies.

The SE2025 program gives our team the opportunity to respond to proposal requests from the FAA and to suggest innovative areas of work that will facilitate a more automated national airspace system (NAS). To date, the FAA has issued proposal requests pertaining to airspace modeling, aviation safety risk factor modeling and analysis, and the integration of unmanned aerial systems (UAS) into the NAS. The four selected Research and Analysis teams together with five Systems Engineering teams will be eligible for up to $767.6 million in federal funding to support the advanced research, systems engineering, and analysis that will pave the way towards the future of FAA air traffic control and regulation.

Emphasizing the importance of bringing together a diverse team of world-class innovators and aviation experts to tackle these cutting-edge technological and regulatory challenges, Mosaic ATM President and Principal Analyst Chris Brinton commented, Terrafugia brings key knowledge and experience with small aircraft manufacturing, certification and operation in the NAS, as well as a bold and exciting vision for truly transforming air transportation. The FAA SE2025 contract will allow Mosaic ATM and Terrafugia to support the FAA in ensuring that the National Airspace System can enable and facilitate safe and efficient personal aviation operations. Terrafugia CEO Carl Dietrich added, We are excited for the opportunity to work with this top-notch team and look forward to contributing to the next generation of federal aviation infrastructure.

This opportunity is especially exciting for Terrafugia because of its implications both for the broader aerospace industry and for the development of our own vehicles. Specifically, the successful development and production of the semi-autonomous TF-X will require close collaboration with the FAA to ensure our technology fits within established regulatory structures for UAS operation. As a part of the SE2025 team, Terrafugia will have the unique opportunity to help craft the tools and infrastructure that will make our vision for the future of transportation a reality.

This computer-generated animation illustrates Terrafugias vision for the future of personal transportation: the TF-X.

About Terrafugia

Terrafugia was founded in 2006 to revolutionize personal transportation by making aviation safer, more convenient, and more accessible through the development of practical flying cars. Based in Woburn, MA, Terrafugias initial program is a two-seat folding-wing roadable aircraft known as the Transition. Building on this foundation, in 2013 we launched the TF-X program: a four-seat, hybrid-electric flying car with semi-autonomous vertical takeoff and landing capabilities. Still in the early stages of development, the TF-X is Terrafugias vision for the future of personal mobility. For more information on the SE2025 contract, see Mosaic ATMs press release here, and to learn more about Terrafugia and the TF-X, visit our website at www.terrafugia.com or follow us on Twitter and Facebook for the latest updates. Press inquiries may be directed to: press@terrafugia.com.

About Mosaic ATM

Mosaic ATM is an innovator in advanced technology solutions that improve the capacity, efficiency, and safety of aviation operations and air traffic management (ATM). Since its founding in 2004, Mosaic ATM has continued to lead in fields such as airport surface traffic management, traffic flow management, weather impacts on ATM, air transportation modeling, data science, and computer science applied to maintainable decision-support automation. Mosaic ATM was recently awarded the Air Traffic Control Association (ATCA) Charles E. Varnell Memorial Award for Small Business, an award presented annually to a small business for outstanding achievement or contribution adding to the quality, safety or efficiency of air traffic control. For more information, please visit www.mosaicatm.com or contact: Mark Thomas, VP Strategy & Marketing, 703.340.6025, mthomas@mosaicatm.com.