A revolutionary flying car has been designed by a Midlands company and is set to be in production by 2020.
Nottingham-based VRCO's NeoXCraft will combine ducted fan technology, hybrid engine power, modern lightweight composite materials and advanced flight controllers.
The company is looking for hangar space at Nottingham Airport near Tollerton and has said there has been "significant interest" from the Middle East.
A feasibility study for the project is being carried out by the University of Derby’s Institute for Innovation.
Chief executive Daniel Hayes said: "It is a multimodal craft which will be able to land vertically and transition into road mode.
"It will have a lot of the features of an electric car vehicle but it will really show its advantage when it is in the air.
"We are looking at a craft which will comfortably carry at least 180kg - that is two full-grown adults and a bit of luggage."
Hayes said that further modifications on design should be completed by next year before a round of safety tests.
He added that a ‘ballistic parachute’ would be a key feature of the craft as well as the possibility for its control to be taken over from a base, should it run into trouble.
The University of Derby’s director of innovation, Professor Paul Stewart, said: "It is great fun working with people even when we don’t know what the outcome will be.
"We give free support to small and medium-sized business through consultancy and also give them a chance of putting their ideas into concrete form by prototyping because usually they are so constrained by time and money."
Both Professor Stewart and Hayes are among the speakers at a Green Innovation and Design for Business event, designed for small and medium-sized businesses, at the Institute of Innovation, Lonsdale House, Quaker Way, Derby on 30 November.
Among the other case studies highlighted will be that of White Peak Distillery which is in the process of setting up the first craft whisky distillery in Derbyshire, within a world heritage site.
The university's institute is also collaborating with Derby-based Tecforce which manufactures Compressed Natural Gas (CNG) compressors for refuelling vehicles at home and at work.