This Hoverboard Costs $20,000 and Can Fly for Six Minutes

2015 was literally and figuratively the year of the hoverboard. While everyone was talking about the self-balancing scooters, two companies showed off skateboard-shaped boards that actually hovered a few inches above the Earth: Lexus with the “Slide” board and Arx Pax with its second generation Hendo Hoverboard. Now, just days before the new year, another company called ArcaSpace is taking a shot at making the mythical hoverboard.

ArcaSpace is primarily a private space company, and one of the original 26 teams that competed in the Ansari X Prize competition in 2004. (It also entered the Lunar X Prize competition, too, before pulling out in 2013.) But early this morning the company released a video that shows off the “ArcaBoard,” a fan-powered rectangle that can lift a person off the ground by almost a foot.

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This article originally appeared on Recode.net.

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