Over the past several months, hoverboards have inexplicably become a regular topic of conversation. It started with a Back to the Future-inspired prank from Tony Hawk early last year. Before long, a Kickstarter for a real hoverboard started making the rounds and now, over a year after the original prank video, Lexus is building its own rideable hoverboard.

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SLIDE is the fourth project in the Lexus ‘Amazing in Motion’ series, which has included drones and robots in the past. According to Lexus’ website, the hoverboard “uses magnetic levitation to achieve amazing frictionless movement. Liquid nitrogen cooled superconductors and permanent magnets combine to allow Lexus to create the impossible.”

Sadly, we don’t get to see anyone actually ride the hoverboard in the debut video, but Lexus promises we’ll see more updates from the project in the coming weeks. Watch the video below:

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