With waterfront property highly prized the world over, we see the amphibious market as one of the next great opportunities – the people with the greatest disposable income will have the greatest need for amphibians. At the same time, new techniques, technologies and materials are yielding a new breed of amphibious craft that are seemingly omnipotent. Most amphibious craft to date have been biased towards performance on land (such as the Splash, Commander, Amphicar, Platypus, Aquada and Humdinger) or water (such as the Aerosan or Sealegs here, and here). Only the Quadski seems to have a balance of performance on both, and it is limited to one, perhaps two people. Now a new technology threatens to seriously disrupt this marketplace. Fast Track Amphibian has entered the development phase for a product line of all-terrain amphibious vehicles using tracks as their means of propulsion on both water and land. Nearly all other amphibians comprise two drive systems – the FastTrack does it all with one, gaining a significant advantage in weight. The patent-pending technology that enables the tracks to work as the sole means of high-speed propulsion on water is unique. It enables a vehicle to “get out of the hole, over the hump and on to the plane from dead in the water. Videos of what this means in the real world can be found here. FastTrack equipped vehicles can start, stop and cruise on water like a boat as well as traverse diverse terrain, from ice and snow to swamps, deep mud, mountains and deserts - all at very high speeds. The first technology demonstrator can achieve 39 mph on water and 55 mph on land, all in comfort thanks to the air shocks and massive suspension system, which can be retracted or extended to suit the circumstance. The technology demonstrator carries six people at high-speed almost anywhere, giving it seemingly limitless opportunity in the areas of recreation, utility, search and rescue, ship-to-shore and military operations. Potential recreational uses include sports and racing, hunting and fishing, wilderness touring and camping. This vehicle will take you up a muddy hill in the forest better than a motorcycle, take swamp and tundra and ice and snow in its stride and enter and exit the water in almost any conditions … it is a genuine all terrain vehicle and transitions from one medium to another seamlessly. It makes very soft, comfortable, water entries at 40 mph and similarly smooth egresses at 20 mph. The first vehicles the company produces for non-military customers will be hand built and custom made for those who can afford to be the first owners of this unique machine. These vehicles will have aggressive styling, two or five place plush seating and 300 plus horsepower for speeds of 60 mph on water and 80 mph on land. More videos are available here, showing the FastTrack 1 driving down a country road, running on powder snow, pulling two water skiers, on the plane with tracks down and tracks up, a ramp entry into water at over 40 mph, and watch how easily it crosses this river. This short video shows the beastie doing 37 mph on water.