The SD-03 is the world's smallest electric vertical takeoff and landing vehicle and takes up the space of about two parked cars, according to the company. It has eight motors to ensure "safety in emergency situations."
"In designing an unexplored, new genre of transportation known as the flying car, we chose the keyword "progressive" for inspiration," Design Director Takumi Yamamoto said.
"We wanted this vehicle to be futuristic, charismatic and desirable for all future customers, while fully incorporating the high technology of SkyDrive.
The company hopes to make the flying car a part of normal life and not just a commodity.
More test flights will occur in the future under different conditions to make sure the safety and technology of the vehicle meet industry standards, according to CNN.
The success of this flight means that it is likely the car will be tested outside of the Toyota Test field by the end of the year.
According to the statement, the company will continue to develop technologies to safely and securely launch the flying car in 2023.
So far, no price has been announced by the company.
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