By Alex DeMetrick

BALTIMORE (WJZ) — It sounds like it should be out of “The X-Files,” but a secret study of UFOs has been traced back to the Pentagon.

From 2007 to 2012, a secretly funded investigation has been looking into UFO sightings reported by members of the military. Some images and video have been released, including the school bus-sized object spotted by two Navy pilots off the California coast in 2004.

READ MORE: President Biden Announces Travel Restrictions On Eight South African Countries In An Effort To Slow The Spread Of New COVID-19 Variant

The elliptical object appears to hover and rotate, and as the pilots closed in, it accelerated away at high speed.

READ MORE: Police: Murder Suspect Barricades Himself Inside Baltimore Home After Firing Shots At Officers

“It’s not a drone,” says Luis Elizando, who headed up the program. “It’s not something we can easily say ‘Oh, it’s an airplane.’ What we’re looking at is truly beyond next generation technologies.”

The program was officially closed five years ago, with much of what was collected still classified. the pentagon says it shut it down to fund higher priority projects than studying UFOs.

MORE NEWS: Shoppers Across Maryland Return To Stores For Black Friday As Retailers Face Supply, Staffing Challenges

Follow @CBSBaltimore on Twitter and like WJZ-TV | CBS Baltimore on Facebook