For years they were a scrappy independent company slowly getting FAA/NHTSA approvals and variances but without major financial resources — I recall they were on

For years they were a scrappy independent company slowly getting FAA/NHTSA approvals and variances but without major financial resources — I recall they were one of the early participants in Wefunder back in 2014. (To this day, at least from my perspective, I'd say they're the most notable company to equity crowdfund. But I might not be a typical observer.) https://wefunder.com/terrafugia https://wefunder.com/terrafugia Then in July 2017 they were acquired by Zhejiang Geely, the owner of Volvo. I imagine that gave them the resources necessary to create a manufacturing line and come to market. (Still unclear to me whether the purchase is because they'd finally reached a point in R&D where it was market-ready so they sold or if the influx of capital pushed them over the finish line.) https://www.terrafugia.com/terrafugia-inc-100-day-update-since-acquisition-by-zhejiang-geely-holding-group/ https://www.terrafugia.com/terrafugia-inc-100-day-update-sin... https://www.terrafugia.com/terrafugia-inc-to-create-130-new-u-s-jobs/ https://www.terrafugia.com/terrafugia-inc-to-create-130-new-...