The motorcycle market just got a bit more expensive.

Actor Keanu Reeves, best known for his roles in the "The Matrix" movies and "Point Blank," is an avid motorcycle rider. So much so, he started his own manufacturing company.

Arch Motorcycle Co. is in the final stages of testing to pass emissions and noise standards on the KRGT-1, a $78,000 hand-built motorcycle created by Reeves and his partner Gard Hollinger. Both men originally designed the bike to be a one-of-a-kind ride for Reeves.

According to an interview with the LA Times, the actor started riding motorcycles at 22 when he bought a Kawasaki KLR600 during a movie shoot in Germany. That bike was stolen but after Reeves returned to the United States his next ride was a Norton Commando. According to a BoldRide article on Yahoo.com, Reeves has also owned a Suzuki GS1100E, Suzuki GSX-R750, 1974 BMW 750, a Kawasaki KZ 900, an '84 Harley Shovelhead, and a Moto Guzzi, among others.

Photo: LA Times

As the KRGT-1 started coming together, Reeves wanted to construct more models of the bike, something Hollinger didn't exactly agree on. The two met in 2005, when an acquaintance called Hollinger about building a sissy bar for Reeves to which he said, "No, but I'm happy to meet with him." Hollinger raced dirt bikes as a child and he's been involved as a rider, mechanic and designer for much of his life. He owned a motorcycle shop in Seattle and worked as a "fabricator for hire" building choppers and bobbers.

Once Reeves convinced Hollinger otherwise, the two agreed on a plan to build more motorcycles and the specs came into play. It needed to be comfortable and reliable and according to Reeves, "It had to go into extreme lean angles and really take care of you."

All KRGT-1 Photos: Arch Motorcycles

The custom built KRGT-1 comes with a 120-cubic-inch V-twin engine that produces 121 horsepower and 121 pound-feet of torque. It's a 538 pound machine that includes blacked-out rims, cylinder heads and fork tubes - a nice contrast to the chrome and polished aluminum gas tank, exhaust pipes and muffler. The handcrafted process takes hundreds of labor hours - a good enough reason for the price tag. Riders who like speed need not worry either. The bike reached 138 mph at a recent test run held at Willow Springs International Raceway.

Arch Motorcycle Co. expects to build just 100 motorcycles a year and future plans may expand to include three models. Bikes take about 90 days for delivery once ordered.