Not much has changed in the amphibious aircraft space since the 1950s, apparently, which is why John A. Meekins and engineer Bill Husa have teamed up to create Privateer—the first major amphibious aircraft redesign in the last 60 years.

The prototype sports carbon fiber and a 724hp Walter 601 engine, which combine to give the aircraft its 25,000 foot ceiling and 215 knot airspeed.

The current configuration seats five to six passengers and one pilot, although there are plans for more custom layouts depending on customer need.

Land-based landings are possible thanks to "tricycle" landing gear that tuck up into the fuselage when not in use. [Privateer Industries via Gizmag via Born Rich]