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NZ jet pack maker floats in Australia

9 December 2014 Last updated at 08:00 GMT

In the past, the thought of flying a jetpack was reserved for science fiction. But soon they could be far more accessible to both would-be pilots and investors.

A New Zealand company says it has developed the jetpack into a viable commercial venture, and it is aiming to list on the Australian stock exchange.

Martin Aircraft's initial share offering is expected to close on Friday.

The BBC's Mauricio Olmedo-Perez visited the company's headquarters in Christchurch.

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