Terrafugia 5 Cranes Ct, Woburn, MA01801 Founded in 2006, Terrafugia is unique company started by a group of award-winning MIT-trained aeronautical engineers and…More MBAs. They all shared a passion for private aviation, which led them to begin work on the Transition® Roadable Aircraft. The aptly named vehicle provides a solution to the main challenges facing private pilots such as cost, weather sensitivity, high overall door-to-door travel time and a lack of mobility at destination. With its retractable wings folded in, pilots can drive the Transition® to the airport, extend the wings on the tarmac and be ready to fly. After successful testing, the initial customer delivery is expected in 2011. Latin for "Escape the Earth," Terrafugia is located behind Christine's deli in Woburn.