(Replying to PARENT post)
There was some hope for a while that this might turn out to be a way to hack sound so that you could produce a flat speaker full of those tiny ultrasonic speakers, and then use non-linear interference to produce deep, booming bass sounds, without having to have the much-larger speakers you need today for that to work correctly. Unfortunately, either nobody could crack the technique, or it's simply impossible, because the real speakers that emerged are quite tinny. Here's a commercial offering, where they're only willing to promise down to 150Hz in the text: http://ultrasonic-audio.com/acouspade-technical-specificatio... "The sound is of high-quality, with low noise and great frequency response, which includes authentic reproduction of bass notes and frequencies as low as 150 Hz." Which, if accurate, is better than the speakers I've heard, but still a long ways from "thumping bass" coming out of a square that could be hung on the wall as casually as a picture frame.
(Replying to PARENT post)
At 33C3 I rode an escalator when I suddenly heard "Never Gonna Give You Up" but apparently no one else did. It was over after a few seconds. At the top of escalator there was a guy pointing a directional speaker at random people.
Only reference I could find is in German, but it has a picture [1]. The story says the guy on the picture is not the inventor of the device.
EDIT: The thing is a parametric ultrasonic speaker and the design files and software are on GitHub [2].
[1] https://motherboard.vice.com/de/article/784z74/33c3--hacker-...
[2] https://github.com/niklasfauth/parametricspeaker