New WingBug is a portable pitot static system and more
WingBug is a new Air Data Heading Reference System (ADAHRS). Weighing just 11.8 ounces, the WingBug system uses built-in WiFi to broadcast data to the WingBug App to display traditional six-pack instrument data on an iPad.

If you are building an airplane, it can be used for flight testing. Those learning to fly can record flight lessons for later playback/debrief. If you seek redundancy to your traditionally installed pitot-static system/ADAHRS, the WingBug is an affordable ($950) option.
It is not hard to see the WingBug becoming FAA approved via the Non Required Safety Enhancing Equipment (NORSEE) program.