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We might not have flying cars, food pills or telepathy machines, but there is one bit of futuristic tech that isn't beyond the pale: a personal hoverbike.

Malloy Electronics, a UK based firm has been developing such hoverbikes, based on drone technology, powered by four bladed fans in protective casings. The design is intended to have maximum stability and speed, just like a mini helicopter but at a much cheaper price. Impressed by this project, the US military has taken a wider interest in this project and asked the company to develop man-operated hoverbikes for them.

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Not just hoverbikes, the dream of hopping on to hoverboards is also going to become reality. Carmaker Lexus claims to have built a genuine working hoverboard that manages to float about an inch off the ground. Lexus claimed its hoverboard uses liquid nitrogen-cooled superconductors and permanent magnets to support an actual rider. Although in the video, you cant actually see someone riding it Lexus has promised to come out with more videos of it being tested. As of now, both companies, Malloy Electronics and Lexus are developing prototypes but both are expected to make them available for retail customers before long.