(Almost [EE] but not quite)

Developed in New Zealand by Glenn Martin, public unveiling at
2008 Oshkosh Air Show

http://www.airventure.org/2008/news/080710_jetpack.html

More details are emerging about "The World's First Practical Jetpack"
that will make its public debut at EAA AirVenture on Tuesday, July 29

http://www.youtube.com/watch?v=eAsommyN2gQ

http://www.nytimes.com/2008/07/29/science/29jetpack.html?hp

As people point out here, it's not a jetpack. Ducted fa, as in VTOL

http://www.boingboing.net/2008/07/25/sneak-preview-of-the.html

http://en.wikipedia.org/wiki/Jet_pack

As seen on NZ TV tonight (a longer one on Sunday), the machine
did actually lift the pilot and he flew across the lawn, steadied by two
helpers

Very similar to the ducted fan built by Mythbusters some time ago

http://en.wikipedia.org/wiki/MythBusters_episodes:_Season_3

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