It’s called the Hendo hoverboard, and you can currently preorder one on Kickstarter for $10,000.
The Hendo relies on the simple concept of using magnets to levitate the hoverboard over a metal surface, but the requirement of a special surface means you won't be floating over water or concrete any time soon.
Founded by Jill and Greg Henderson, the Hendo uses their proprietary Magnetic Field Architecture system to focus the magnetic field so that the board can support the rider and cause the Hendo to hover over a 1-inch cushion of air.
The Hendo does currently exist as a prototype, and the Hendo team even dreams of building of a skate park specifically designed to work with the hoverboard. You can even get a brick engraved with your name in their “hoverpark” for donating $59.
To be funded, the Hendo will need to raise $250,000 by Dec. 15, but it’s already on its way with more than $8,000.
Meanwhile, Marty McFly's iconic hoverboard has sold for £26,000 at a PropStore auction held in London this week.
The pink hoverboard featured in 1989's Back to the Future Part II, after Marty (Michael J Fox) and Doc (Christopher Lloyd) travelled from 1985 to 2015.
Other items that went under the hammer include the biker scout helmet from Return of the Jedi for £20,400 and the Spectre underwater tow sled from Thunderball for £24,000.
The auction collected over £1 million from the selected film props on offer.
The most expensive item sold was Sigourney Weaver's flamethrower from Alien, which sold for £30,000.
On the other end of the spectrum, a 'one sheet' poster from Aliens sold for just £48.