Apparently the dragon is being tested in the Epcot area tonight..
"Just got a pretty extensive report from someone who spotted Disney’s flying dragon last night. Realistic flapping wings, graceful gliding. Security was around the MK area requesting no photos/video of the dragon flying. Spotlight illuminated it in a glow, hiding the parachute. Sounds like the dragon is meant to be flown at night. Hopefully “Believe In Fantasy” shapes up to be a new nighttime show for MK. (Thanks Ben!)"
Inside the Magic