‘World’s first personal jetpack’ flies around the Statue of Liberty

There's a really old iteration of similar functionality that I think has the potential to be quite a bit superior: https://www.youtube.com/watch?v=XJARrc40imk

After researching it, the main problem with the flying pulpit design was it required quite a bit of pilot skill, and since helicopters solved the same problems in many cases anyway, the device never really got used. Nowadays though, we've got the tech needed to switch to a fly by wire system that relies on computing to maintain a stable flight profile.

I looked around briefly, but couldn't find anything specific on how this works; I found mostly other articles about this video and pictures of other test flights.

Is anyone familiar with how this is powered, how safe it's likely to be, and how close to production it really is?

Homepage: http://jetpackaviation.com/