Company seeks to release hoverboard in 2015

Get ready, “Back to the Future” fans. A real-life hoverboard is in the works.

Gigaom reports that the Hendo is set to be released on Oct. 21, 2015. The hoverboard was created by a California startup called Arx Pax. Jill and Greg Henderson, the husband-and-wife team behind the hoverboard, actually are more focused on bringing the levitating technology to a wide variety of sectors, from transportation to manufacturing.

There are some limitations with the current iteration of the Hendo. The device can only hover at a maximum height of three-quarters of an inch and the battery lasts for only seven minutes. The noisy machine only works on top of metal surfaces because the board needs to generate a magnetic field.

There’s also the hefty $10,000 price tag to consider.

A Gigaom staffer was given a test spin on the Hendo and described her experience as “standing on a giant air hockey puck” hovering above the ground.

Mashable reports that the company's Kickstarter campaign needs to reach a funding goal of $250,000 by Dec. 15 to meet the Oct. 21, 2015, release date.

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