The designers of the Kormaran boast that they did not simply develop a new boat—they say they’ve invented an entirely new class of boat. That is hard to argue as the Kormaran, built by the Austrian-based company of the same name, essentially transforms into four different types of watercraft. This is done using hydraulic arms that can fold and unfold the boat like an origami figure at the press of a button. The Kormaran has six distinct modes, the most important of which can transform the boat from a monohull to a catamaran, trimaran, and even hydrofoil.

You can see a demonstration of the Kormaran below:

It should not be surprising that the Kormaran will come with a high price tag when released, although the company is remaining tight-lipped about just how expensive the boat will be. The production materials alone call for a high price, involving teak wood and fine leather and carbon fiber, stainless steel, and titanium construction. Averaging 3,300 pounds, the Kormaran also comes with a top speed of 44 mph thanks to its triple-jet propulsion system. The vessel is 23 feet long and can accommodate two passengers along with the driver, but more space is created once the boat transforms into a different configuration.

Perhaps the most interesting part of the Kormaran is its ability to deploy hydrofoils. These slender arms lift the boat above the water and can cut down water resistance by as much as 80 percent, drastically boosting its top speed.

“It is not just about realizing new ideas. It is about creating permanent values,” states Kormaran’s website.

Image from Kormaran's website

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