Regent Funding Round

10/7/2023

Venture Equity

$60,000,000

Series A

The funds will be used to build and test a proof-of-concept prototype as well as grow the team from 55 people to about 100 in 2024. The company plans to start trials next summer, with the first human flight by the end of 2024,

Private & Independent

Manufacturing

569 Washington Street 2
Winchester, MA 01890
USA

Undisclosed

REGENT's mission is to drastically reduce the time and cost of moving people and goods between coastal cities. Our vehicle, called a seaglider, is an all-electric, wing-in-ground-effect craft that operates within a wingspan of the water's surface and couples the speed of an airplane with the operating cost of a boat. Built to the same safety standards as all modern aircraft and watercraft, our vehicle will service routes up to 180 miles with existing battery technology and routes up to 500 miles with next-gen batteries, all via existing dock infrastructure. Our world-class team of aerospace and maritime engineers are leveraging maritime vehicle development pathways to bring our zero-emission, high-speed seagliders to market within five years.