Since announcing that they were working on an actual working hoverboard late last month, Lexus has been sporadically teasing Back to the Future fanatics and the curious general public alike with quiet updates on the board’s development.

So far, what we know about “Slide” is that it uses magnetic levitation and liquid nitrogen cooled superconductors to keep afloat – supposedly in a controlled environment that features specially-designed metal floors that works in tandem with the board. Also – it looks kinda cool.

Yesterday, the company announced that on August 5th, they will be settling the ‘proof of hoverboard’ existence debate once and for all with a public unveiling of the board.

Lexus-Hoverboard

Aside from proving that they may or may not have been pulling one of the biggest internet pranks in a long time, it will also be the world’s first look at what a true, refined hoverboard experience might look like:

“The Lexus Hoverboard is almost here,” said the company. “When technology, design and imagination come together amazing things can be achieved. The Lexus Hoverboard represents true engineering innovation and can be seen in action soon.”

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As for self-lacing shoes and a self-drying jacket, we may have to wait a little longer on those.

Find out more by heading over to Lexus.

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Simon is a Brooklyn-based industrial designer and Managing Editor of EVD Media. When he finds the time to design, his focus is on helping startups develop branding and design solutions to realize their product design vision. In addition to his work at Nike and various other clients, he is the main reason anything gets done at EvD Media. He once wrestled an Alaskan alligator buzzard to the ground with his bare hands… to rescue Josh.