Here is a flying vehicle with a single moving part, making it one of the simplest mechanically controllable machine of its kind. While the Monospinner does not hover like a standard multicopter, it does use feedback control system to maintain equilibrium.
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The Monospinner: a controllable flying vehicle with a single moving part
As you can see in the above video, the vehicle can achieve hover after being launched like Frisbee. More information is available here.
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