View also this additional photo (David Horn Collection), and photo 10610.
The following text from Aviation Week is not unique to the aircraft
02/22/1960. A non-roadable four-place version of the Aerocar, called the
Aero-Plane made its first flight in Longview, Washington, USA. The tricycle gear
aircraft uses the same Lycoming engine and folding wing (for storage)
as the Aerocar. Elimination of the automotive components provided the
weight-saving necessary to add two passengers. Price is $9,995.
03/27/1961. Contract has been signed by Aerocar International Corp., Ft. Worth,
Texas, USA, with Temco Missiles & Aircraft Division of Ling-Temco
Electronics Inc., Dallas, Texas, for quantity production of M.B. (Molt)
Taylor's two-pace Aerocar, contingent upon sufficient orders being
realized by July 1 to warrant tooling costs. Aerocar International is
a new firm formed recently by Roy Hyde of Ft. Worth with Molt Taylor
as vice-president engineering and Herman Zimmer, vice president-marketing.
Taylor, who first flew his Aerocar in 1950 and has logged more than
1,000 flight hours and 100,000 road mls (160,934 km) on the vehicle, was a naval
aviator and project engineer at the Naval Aircraft Factory were he
was in charge of pilotless aircraft and missile development prior to
setting up Aerocar Inc in Longview.