Space Magnetics is currently focusing all its efforts on the development of ground-effect hover technology through our affiliate company, HoverTech. The technology works by inducing current loops into a laser-generated plasma, then magnetically repelling those currents. One of the first applications of this technology will be the hoverboard because of its low cost and ability to introduce the concept to the public. For more information about this exciting new technology, please visit hovertech.com.