03/17/2016 01:20 EDT | Updated 03/18/2016 11:59 EDT

Nike Unveils New Self-Tying Shoe, The HyperAdapt 1.0

Now we can ALL be Marty McFly.

U.S. sporting goods giant Nike unveiled Wednesday its first shoe that ties itself, the HyperAdapt 1.0, which will go on sale at the end of 2016.

Sensors at the heel level activate the lacing when a foot slips into the shoe. Two buttons on the side of the shoe can be pressed to loosen or tighten the lacing.

Calling the feature "adaptive lacing," Nike's star designer Tinker Hatfield said at the New York presentation that the company is working on other innovations that will provide automatic adjustments.

In 2015, Nike launched a limited-edition shoe with so-called "power laces" that adapt to the wearer's motion, the Nike Mag, inspired by the film "Back to the Future, Part II."

It will only be available via auction this year, with all proceeds going to the Michael J. Fox Foundation for Parkinson's Research, a nonprofit launched by the actor who played Marty McFly in the movie.

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