The department tasked with exploring the concept, Defense Advanced Projects Agency (DARPA), has cleared the Transformer (TX) program.
The flying vehicle is currently in motion for military services rather than the everyday motorist.
If the vehicle realizes the capabilities planned, it is possible that by the year 2015 U.S soldiers will have the ability to drive into battle in a flying car, designed to be seated for four, that will go 250 miles on a tank of fuel and be able to fly through the air and drive on the ground.
The Pentagon has budgeted 54 million dollars so far to develop the concept.
ADARPA spokesman told TechNewsDaily that it would take four years to develop a working prototype.
"We're not very far down the road. That gives you an idea about the glide path for this program," Live Science quoted him as saying. (ANI)