New Zealander Rob Innes and Californian Dan Piazza created this dolphin boat out of fibre glass, stainless steel, aluminium and discarded canopies of U.S. fighter jets.
Two persons can sit in the Seabreacher and the boat can submerge 2 ft underwater for around 20 seconds at a time, creating a dolphin-like dive effect.
The price for a custom-made Seabreacher is not for the fainthearted and would cost in the region of £40,000.The current model is 14 ft 10 inches long and weighs 1,000 lbs.
Mr Innes said: "Because it's so light it pops out of the water like a cork. It can fly up to 10 feet in the air even if you are going at 15 mph.
"It's really just for fun. It's a 3-D jet ski. We liken it to a monster truck. In the end we would like to turn it into a recognised sport as you can race and jump. You can do a single or double roll in the Seabreacher which is great fun though the landing is quite rough.