📺 Stream EntrepreneurTV for Free 📺

Your Hoverboard Future is Closer Than You Think (VIDEO) Lexus just unveiled a working hoverboard prototype.

By Nina Zipkin

entrepreneur daily

Thanks to Back to the Future, when imagining a vision of the future, hoverboards are usually involved as the go-to mode of getting around. While this fantastical technology has been the subject of hoaxes and unsurprising tangible crowdfunding success, a big-name company wants in on the action.

Lexus just launched a high-tech prototype called Slide. In a brief video with the tag line "there is no such thing as impossible," the luxury car manufacturer unveiled a skateboard shaped hoverboard branded with the Lexus "L" logo.

Related: This Viral Hoverboard Video Looks Ridiculously Awesome -- Yet Sadly Fake

According to the Lexus site, the hoverboard is powered by "liquid nitrogen fueled superconductors and permanent magnets" that work together to create "magnetic levitation," and the board itself is made out of bamboo wood.

The project is a part of the company's "Amazing in Motion" series. Since 2013, three other high concept videos marrying design and tech have been released, including another project called Swarm, which featured a big group of adorable drones.

For more, check out the full site.

Related: Finally, Watch Tony Hawk Ride a Real Hoverboard

Nina Zipkin

Entrepreneur Staff

Staff Writer. Covers leadership, media, technology and culture.

Nina Zipkin is a staff writer at Entrepreneur.com. She frequently covers leadership, media, tech, startups, culture and workplace trends.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

'Everyone Is in Complete Shock': A 500-Person Tesla Team Found Out 'in the Middle of the Night' Their Charger Division Was Laid Off

Other car companies that use the technology, such as General Motors and Ford, also weren't expecting the news, according to reports.

Business News

There Are Only 6 Major Cities Left in the U.S. With 'Affordable' Homes Matching Median Incomes — Here's the List

Homeownership is not affordable for the typical household in 44 of the 50 largest cities in the U.S.

Side Hustle

He Started a Salty Backyard Side Hustle That Out-Earned His Full-Time Job and Now Makes Over $1 Million a Year: 'Take the Leap'

In 2011, Kyle Needham turned his passion for oysters into a business that saw consistent monthly revenue "right away."

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

James Clear's Atoms App Promises to Help Break Bad Habits and Create Better Ones — Here's How It Works

The app turns Clear's best-selling book, "Atomic Habits," into something actionable.