Lexus just unveiled a gorgeous yacht concept that's perfect for tech tycoons

Lexus

Lexus is trying its hand at designing more than just cars. 

The Japanese-based automaker unveiled its proof of concept for a high-tech yacht on Thursday. Lexus said the yacht highlights the carmaker's interest in expanding into "new areas of lifestyle and recreation."

Scroll down for a closer look:

Lexus' yacht concept is powered by twin V8 engines that together produce 440 hp and a top speed of 49 mph (43 knots.)

It's made of carbon-fiber reinforced plastic, reducing the weight by nearly 2,200 pounds compared to similar-sized yachts made of fiberglass reinforced plastic.

Lexus said its carbon fiber exterior is also used on the LFA, which can reach 202 mph.