This is a newly released plane called the Wasp. I shot 2 videos of it flying, it is hosted by David (who sells the Wasp) on his site here:
See the video links at the top of the page.
Mine was actually a beta test, the final production model was changed slightly. I originally flew the Wasp on a GWS DX-A motor with 9x7 prop and 2x1020 Kokam pack. It flew quite well and was a great plane for buzzing along the ground and pylon racing around trees and other obstructions! In the quest for MORE POWER (queue Tim Allen grunts), I later added the Astroflight 010 seen in the pic and video.
It is currently equipped as follows:
Astroflight 010 geared 3.22:1
GWS 8x6 prop
3x600 HO Kokams
GWS Pico servos (x2)
GWS Pico 4 receiver
Wingspan is 27"; weight without battery pack is 5.9 ounces, 7.7 ounces with battery pack
Covering is SoLite (translucent yellow, white, dark blue)
Run times are 12-15 minutes of non-stop aerobatics. Great flying plane!