Peter Thiel, the outspoken Silicon Valley venture capitalist once famously said, “We wanted flying cars, instead we got 140 characters.”

Well, now we’re about to finally get flying cars!

A Slovakia-based company called AeroMobil just unveiled their flying car prototype at SXSW Interactive. It gets up to 700 km of flight on a tank of regular gasoline. It’s scheduled to go on sale in 2017 and it will be aimed at a wealthy clientele of early adopters (you will need a pilot’s license to “fly” it).

Autonomous self-flying cars will be the next step. Just imagine a flying car service like Uber!

Here’s a good promotional video the company has created for its Flying Car prototype:

[iframevideo] [/iframevideo]

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