Christian Cook, founder of Néit, was motivated to design collapsible and hangable luggage because of his frustrations of traveling and living in small urban spaces where there is no room to store luggage.
The result of his frustration are the Néit Hold and Néit Cabin luggage. Both suitcases fold flat, and have GPS tracking through an app that has been designed in conjunction with the bag, so no more lost luggage.
Here you can see how the collapsible design works.
The suitcase also has a carabiner handle, allowing the suitcase to be easily hung in your wardrobe when not in use.
You can find out more about the Néit Suitcase, here, or on their Kickstarter campaign, here.