As one astute comedian recently observed on Twitter, “They should go back and remake Back to the Future except instead of having hoverboards in 2015, everyone’s just offended by everything.”

That iconic movie sees Marty McFly travel ahead to 2015 (or was that Back to the Future 2?), where he uses, amongst other awesome things we don’t have yet, a hoverboard. But it appears that fact has finally caught up to fiction, and a real-life hoverboard will be arriving soon. Developing by Lexus, not too much is known about the device as of this writing. But, a new teaser video dropped online ahead of the products August 5th launch, which we have here for you below.