Nope, it's not a bicycle version of the Hoverboard. Instead, the Hoverbike ($TBA) is a motorcycle-like ultralight aircraft that's powered by a flat twin 4-stroke. You ride the thing like a motorcycle, including handlebar-based speed and direction control, and thanks to its custom carbon fiber propellers, frame, driveshafts, and seat, you should be able to make it almost 100 miles between fuel-ups. Oh, and did we mention it can reach altitudes of 10,000 feet plus? Yeah, that too. Expect to see one in the friendly skies near you just as soon as they can ensure that the thing won't accidentally crash and kill you.