The inventors of a flying car say they are only two years away and a few million dollars short of having their product ready for the public.

According to the Boston Business Journal, the CEO of Woburn, Massachusetts manufacturer Terrafugia said this week that hes narrowing in on having a car/plane hybrid thats been long in the works ready to be released in mid-2016.

Speaking to the Journal, CEO Carl Dietrich acknowledged that he has already received 100 pre-orders for the vehicle each costing roughly $279,000 and plans on being able to fulfill those requests within the next two years.

A street-legal airplane that converts between flying and driving modes in under a minute, the Transition brings a new level of freedom, flexibility and fun to personal aviation, the site claims. It gives the pilot the option to land and drive in bad weather, provides integrated ground transportation on both ends of the flight, and fits in a standard single car garage at home.

According to the website, the Transition is totally street legal and able to fly in and out of at least 5,000 public airports in the United States. Even with a successful prototype behind him, though, Dietrich says hes still coming up short of the funds necessary to take his project to the next level.

By his estimate, itll take another $30 million to start production on the Transition, he told the Journal. In the meantime he shows no signs of slowing down, however, and just last month brought on Alex Min, the former vice president of business development at Textron Defense Systems, as Terrafugias chief marketing and sales officer.