While not quite there with regards to the self-drive car, it sees the big names in transport are jumping the gun, starting to develop flying cars. Google Co-Founder, Larry Page, is unsurprisingly at the forefront of this latest focus having personally funded two startups to kickstart his plans to build Small, all-electric plane can take off and land vertically.

Having spent $100m on the project thus far the development is well and truly underway, with a prototype craft spotted at an airfield in California just this week. Locals claimed to have seen the craft ‘hovering’, having never seen anything like it to date.

Focused on the technology behind the flying cars Page reportedly has a vetted interest in two rival companies, Zee.Aero and Kitty Hawk, both racing to invent the next big thing in transport tech and both residing in California’s Silicon Valley.

In 2011 Zee.Aero confirmed they had been working on all-electric plane that could take off and land vertically, a vehicle that would essentially evolve to become the first flying car of our time. However, when looking at the patent focus has somewhat shifted, with the firm pursuing a ‘simpler, more conventional-looking design.’

With world-renowned engineers and designers from NASA this project is a lot close to launch that many of us may think, with the team keeping things very much under wraps.

The Daily Mail reports:

‘In May, the cityapproved a 34-year lease with Zee.Aero for just under an acre of land near the intersection of the municipal airport’s two landing strips.

It plans  to build a 14,000-square-foot hangar and office building, plus nearly 10,000 square feet of employee parking and 16,000 square feet of paved area for aircraft parking and movement.’

With plans already in place to use the flying car Page’s investments are certainly looking like they will pay off.

‘We’re designing, building, and testing better ways to get from A to B’ the company concluded.

Let us know what you think, will the flying car be released prior to the autonomous road vehicle? Leave your thoughts below.