The craft said to be currently under development, the M400, is purported to ultimately transport four people; single-seat up to six-seat variations are also planned.
[3] It is described as a car since it is aimed at being a popular means of
transport for anyone who can drive, incorporating automated flight controls, with the driver only inputting direction and speed required.
After forty years and $100,000,000 in expenditure
[4] the Skycar demonstrated limited tethered hovering capability in 2003.
[5] No subsequent testing has occurred, although public demonstrations have been announced and then cancelled.
[6] It has been extensively marketed for pre-order sale since the 1990s as Moller attempted to raise more money for 'development' but fifty years on is often cited as a real world example of physical product
vaporware.
In April 2009, the
National Post characterized the Moller M400 Skycar as a 'failure', and described the Moller company as "no longer believable enough to gain investors".
[7] On May 18, 2009, Dr. Moller has filed for personal protection under the Chapter 11 reorganization provisions of the federal bankruptcy law
[8] and it is unknown how this will impact the fate of his ideas; Moller International itself did not file for bankruptcy but reduced operations.
[9]
