Unfortunately, the video only shows what seem to be a small-scale model of the vehicle, but we should get more footage of the real thing in the next few months. You can read more about the Black Knight Transformer over at Popsci.
Advanced Tactics Inc., a small aerospace company, released details about its AT Transformer vehicle technology and announced that a full-scale technology demonstrator has completed its first driving tests. The AT Transformer technology makes possible the world’s first roadable, Vertical TakeOff and Landing (VTOL) aircraft.