The XploreAir Paravelo is a flying bicycle. The front is a collapsible bike that docks with a trailer containing a flexible wing and a biofuel-powered fan with an electric starter motor. In the air, it apparently operates like a powered paraglider. The two inventors have a Kickstarter running to develop a commercial model they hope will sell for $16,000. More info at CNN. You can watch a video of it flying below.