Mysterious colourful UFO in the night sky

A pulsing, coloured light was seen hovering over Egilstadir, east Iceland last night. Footage of the object was captured by Bylgja Lind Pétursdóttir who published it on her Facebook page with the caption, "What the hell is that? A space disco-ball?"

The object was flying over a forest with no electric lights beneath it. Pétursdóttir adds that when she filmed the object, it did not move, but twenty minutes later it appeared in another place in the sky. It seems that the object was also spotted in Fáskrúðsfjörður on the same day which makes it unlikely that its a drone.