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Playhut
- Magic
Kite
Patent: US 6.045.093
- 2000
"A
collapsible flying structure includes an enclosed resilient frame
member having a folded and an unfolded orientation… The frame member
may be twisted and folded to form a plurality of concentric loops in
the folded orientation of the frame member to substantially reduce
the size of the flying structure."
Unfolding
is possible in two seconds! See photo sequence below or this
video.
On YouTube 
But
folding the kite together is something quit different, check this
video. I had luck, so it is not a long video!
Or on YouTube
An
illigal inexpensive immitation Playhut kite:
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