Martin Jetpack flies again, sees IPO on horizon but no commercial sales yet (video)

We were all aflutter this time last year when it was announced that the Martin Jetpack was finally available commercially and would be heading out to eager buyers in exchange for $86,000 . Regrettably, the time since then hasn’t been filled with bunches of happy new owners levitating on the power of their dual-fan-equipped Jetpack and even less encouragement can be found on the product’s website, which still says that sales to private individuals will begin only once “development and refinement” of the vehicle is complete. To that end, we’ve got video of the Jetpack’s latest test, which shows it elevating as high as it’s ever done, but even that’s tinged by the fact it’s carrying a testing dummy and is remotely controlled by a grounded human below. Ah well, at least the company itself seems to be in good shape still and is looking forward to floating about 30 percent of its value on the local stock market in order to gain extra funding. We get the feeling if they could just start selling the darn things, cashflow shouldn’t be a problem. Video after the break. [Thanks, Sean] Continue reading Martin Jetpack flies again, sees IPO on horizon but no commercial sales yet (video) Martin Jetpack flies again, sees IPO on horizon but no commercial sales yet (video) originally appeared on Engadget on Tue, 05 Apr 2011 13:14:00 EDT. Please see our terms for use of feeds . Permalink