I’ve personally always wanted a jet pack, although it seems our current technology does not make them practically feasible yet. There have been several attempts to make a jetpack, and this is one of them. While not certainly impressive as I would like a jetpack to be, it is certainly a step in the correct direction. According to Engadget,

Revealed in front of a crowd in Oshkosh, Wisconsin, this human transporter is technically defined by the FAA as an “experimental ultralight airplane, equipped with a gas-powered, V-4 piston engine and two ducted fans that provide the lift.” Currently, the $100,000 machine can only hover for around 30 minutes and rise to 8,000 feet, and those who sign up to purchase one will first have to complete 15 hours of flight training as well as a “safety screening.

-Jameson

[Source: Engadget]