This amazing party was staged to debut an even more amazing yacht

European yacht builders apparently don’t see any reason to skimp on the celebration of a new yacht. Ferretti Group’s Riva Yacht’s 56-foot Rivale launch party on Lake Iseo in Italy, to use a totally non-Italian expression was, “off the hook.” According to Boat International, the event’s full-out features included a three-star Michelin chef, a 16-piece band, and a top DJ for the after-hours crowd. The event was also the occasion for the reveal of a limited edition Abarth Fiat 500 695 Rivale named for the new yacht.

But the focus of the night wasn’t the car, the food, or the music and dancing. The night belonged to the new yacht. Riva’s new 56-foot Rivale is what’s described as an “open motor yacht.” At 56 feet, 7 inches long, the Rivale isn’t a superyacht, because it misses the agreed-upon demarcation by about 23 feet. But as you can see in the video just above when the sleek Rivale emerged from behind gigantic mirror-glassed boxes that had dancers both on top and at water level, it looked magnificent.

The 56-foot Rivale was designed and created by a team that included Officina Italiana Design along with the Ferretti Group’s Product Strategy Committee and Engineering Department. According to a Riva statement, “The goal was a boat with a unique style, excellent performance at sea, and cutting-edge technological solutions.” Riva aimed high and didn’t miss.

The GRP (glass-reinforced plastic) fast-displacement-hull yacht has a MAN V8-1000 turbo-diesel engine. With single-stage exhaust turbocharging this motor is projected to power the Rivale to a maximum speed of 35 knots and a cruising speed of 31 knots. That speed is moving right along, but if you want more a MAN V8-1200 can be substituted with dual-stage turbocharging, which raises the top speed to 38.

The Rivale’s range is estimated at 260 nautical miles with the V8-1000 engine and 240 nm with the V8-1200. The larger motor goes faster but uses more fuel from the 713-gallon tank. The numbers translate to just under 3 gallons per nautical miles with either engine

There are two luxury staterooms, each with an en-suite. There’s also a bathroom near the crew quarters — the standard configuration will accommodate one crew member.

According to Boat International, the Ferretti Group expects to build and deliver 8 to 10 56-foot Rivales a year. The starting cost is just over $2 million.

Emerging Tech

Awesome Tech You Can’t Buy Yet: Robotic companions and computer-aided karaoke

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it's fun to gawk!
Gaming

Fortnite World Cup kicks off April 13 with $1 million in weekly prizes

The Fortnite World Cup kicks off on April 13 with the start of Online Opens for solo play. $1 million in weekly prizes will be awarded during the Online Open Finals, so get practicing!
Business

Jordan Peele’s Us knocks off Captain Marvel with record-breaking opening weekend

Oscar-winning filmmaker Jordan Peele's horror movie Us crushed early estimates for its opening weekend with a $70.2 million premiere that made it one of the highest-grossing original, live-action movies of all time.
Mobile

24 must-have apps for rooted Android phones and tablets

Rooting your Android device opens up a world of possibilities, along with a few apps. Here are 24 of our favorites, so you can make the most of your rooted device and unleash the true power of Android.
Product Review

The Ferrari Portofino is the super stallion you’ll want to drive every day

With the introduction of the Portofino, Ferrari addresses the California T’s stylistic shortcomings while improving comfort, convenience, and performance. There’s little “entry-level” about this super stallion.
Emerging Tech

Asteroid Ryugu is porous, shaped like a spinning top, and is formed of rubble

The Japanese Space Agency has been exploring a distant asteroid named Ryugu with its probe, Hayabusa 2. Now the first results from study of the asteroid are in, with three new papers published.
Emerging Tech

Is it a bird? Is it a plane? No, it’s a super-speedy pulsar

A super-speedy pulsar has been spotted dashing across the sky, discovered using NASA’s Fermi Gamma-ray Space Telescope and the Very Large Array. The pulsar is traveling at a breathtaking 2.5 million miles an hour.
Emerging Tech

Chilean telescope uncovers one of the oldest star clusters in the galaxy

An ultra-high definition image captured by the Gemini South telescope in Chile has uncovered one of the oldest star clusters in the Milky Way. The cluster, called HP 1, could give clues to how our galaxy was formed billions of years ago.
Emerging Tech

Astronomers discover giant chimneys spewing energy from the center of the galaxy

Astronomers have discovered two exhaust channels which are funneling matter and energy away from the supermassive black hole at the heart of our galaxy and out towards the edges of the galaxy, dubbed galactic center chimneys.
Emerging Tech

A milestone in the history of particle physics: Why does matter exist?

If matter and antimatter were both produced in equal amounts by the Big Bang, why is there so much matter around us and so little antimatter? A new experiment from CERN may hold the answer to this decades-long puzzle.
Emerging Tech

Dublin Airport has a novel idea for tackling rogue drones

There are a growing number of technology-based solutions for dealing with rogue drones flying near airports, but officials at Dublin Airport have come up with another idea for keeping the skies safe.
Emerging Tech

This sleek new exoskeleton makes walking easier, fits under your clothes

A new ankle exoskeleton that is designed to be worn under clothes can help people to walk without fatiguing — and without restricting natural motion or drawing attention to itself.
Emerging Tech

Microsoft’s latest breakthrough could make DNA-based data centers possible

Could tomorrow's data centers possibly store information in the form of synthetic DNA? Researchers from Microsoft have successfully encoded the word "hello" into DNA and then back again.
Emerging Tech

Here are the best (and least likely to explode) hoverboards you can buy

With widespread reports of cheap, knock-off Chinese hoverboards exploding, these self-balancing scooters may be getting a rough reputation. They're not all bad, though. Ride in style with our picks for the best -- and safest -- hoverboards