Pretty cool! Is there a limit to how high it can climb? I like the wings. Kinda reminds me of the unreal "birds".

It’s a ground effect hydrofoil sea plane inter island electric ferry concept, so it’s near its limit in the video.
Ground effect refers to a flight characteristic noticed at low altitudes where the air below the wing compresses between the wing and ground, creating enormous lift with smaller wings or winglets. This makes them much more efficient, especially at lower speeds or with heavy loads.
The largest I know of is the Ecronoplan- https://en.wikipedia.org/wiki/Lun-class_ekranoplan)

Here’s a bit more info
https://www.hawaiiseaglider.org/

Many “birds” make use of this flight characteristic to save battery power during long term surveillance flights, especially just offshore.

Moving this video to newtboy's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.