Stunning images have revealed an incredible ‘flying superyacht’ that can carry up to eight passengers above the waves at speeds of up to 40 knots (46mph/74km/h).
The hybrid diesel-electric luxury yacht incorporates a retractable hydrofoil system that can tackle waves of up to five feet.
An official price has not yet been announced for the vessel, but this is likely to be somewhere in the millions if the firm's promotional images and material are anything to go by.
Customers wishing to purchase one will have to wait an average of 12 months before delivery.
Stunning images have revealed an incredible ‘flying superyacht’ that can carry up to eight passengers above the waves at speeds of up to 40 knots (46 mph / 74 kph)
Foiler is the creation of Enata Marine, based in Sharjah, the third largest and third most populous city in the United Arab Emirates.
In a written statement, a company spokesman said: 'With the Foiler, you have a two in one: a very comfortable and luxurious yacht with the performance and handling of a super-car.
'It masters rough weather seamlessly whereas a normal yacht will slam in the waves quite early. This allows you to sail in comfort at full speed when regular boats have to slow down as they slam the waves.
'The foils and rudders provide an amazing grip in the water that give the Foiler the ability to turn like no other boat.
As the boat's speed increases, four hydrofoils start to lift the Foiler, like a plane on a runway before takeoff.
Hydrofoils are wing-like blades that usually sit underneath a boat's hull.
They cut through the water as the boat speeds up, creating an uplift – similar to the aerofoils used on aeroplanes.
At 18 knots (20 mph / 33 kph), the lift created by the foils fully lifts the Foiler and the hull flies above the water.
In hydrofoil mode, the yacht can comfortably handle waves up to 4.9 ft (1.5 m) high while still providing complete comfort for passengers.
It can maintain this performance in winds of up to 30 to 35 knots (35 to 40 mph / 55 to 65 kph). To activate this, you simply press the Fly Mode button.
In more extreme conditions, you can retract the foils and use it as a regular boat by pressing the Float Mode button.
It has a range of 260 nautical miles (482 km) at 20 knots or 130 nautical miles (240 km) at 30 knots.
The vehicle is manufactured from carbon fibre with high grade stainless steel, aluminium and titanium mechanical parts.
The foils and rudders are also manufactured from carbon fibre in an autoclave, to ensure high rigidity and robustness.
Its propulsion system combines two diesel and electric 320 bhp (239 kW) BMW engines which power custom Enata electric torpedo engines.
This delivers up to 20 per cent increased fuel efficiency at top hydro-foiling speeds.
The Foiler can also operate in a fully electric mode, cruising at a speeds up to 10 knots (11.5 mph / 18.5 kph) in near silence.