Anew jetpack product called Jetson ONE made its inaugural flight in the United States this week, and the company behind it says that it expects to begin deliveries to customers in 2024. 

The Italy-based company, which has raised $15 million from investors that include musician will.i.am, says that it already has 300 pre-orders placed for the Jetson ONE, which will retail at $98,000.

The Jetson ONE can reportedly achieve a top flying speed of 63 miles per hour and an altitude of 1,500 feet. It is powered by eight electric motors, each with its own battery pack, connected to eight propellers. Altogether, that's enough to generate around 20 minutes of flying time before it has to recharge.