California-based Aerofex announcing that it’ll be launching its Aero-X hoverbike in 2017 at an estimated price of $85,000.

The company is already accepting refundable deposits of $5,000 on its website, with first flights scheduled for 2016.

The Aero-X is designed to carry two people up to a height of 3 m (10 ft) above the ground and reach speeds of up to 72 km/h (42 mph).

Aerofex has been testing its hoverbike for some time now, attempting to resolve various control and stability challenges. With carbon fiber rotors taking the place of wheels, the Aero-X will be able to take-off and land vertically without the need for a runway or forward speed.

Via Gizmag.