The AirCar, developed by Klein Vision, received a certificate of airworthiness from the Slovak Transport Authority in January.
The certification came after 75 hours of test flights, with more than 220 takeoffs and landings executed.
A team of up to eight people has been working on the prototype since 2017, according to Klein Vision cofounder, Anton Zajac, together clocking up around 100,000 hours of work.
The AirCar completed its first inter-city flight in June last year, flying from the international airport in Nitra, Slovakia, to the international airport in Bratislava, Slovakia. The flight took a total of 35 minutes.
After arrival, the AirCar then transformed into a sports car and was driven by Zajac, alongside the AirCar’s inventor, Professor Stefan Klein, to downtown Bratislava.
The AirCar is not restricted to airfields. It can take off from and land anywhere so long as the owner of the property gives permission, according to Zajac.
The current model can travel up to 370 miles, cruising at 140 miles per hour. According to Zajac, a new production model will have a range of around 630 miles.
The AirCar is powered by a 1.6 litre BMW engine and runs on fuel sold at any gas station.
The dual-mode vehicle is also equipped with a ballistic parachute in case of an emergency incident or engine failure.
The models weighs 1,100 kilograms and can hold two people. Zajac told Insider that the company plans to introduce a three-seat model, as well as an amphibious version.
Since the dual-mode vehicle is a fully-fledged aircraft, anybody flying it will need a pilot’s licence.