
Regent Seaglider faster cheaper transport solution
Regent's seaglider, an electric flying boat, seeks Coast Guard certification for faster approval and cheaper development, offering potential for revolutionary, efficient, and affordable overwater transportation.
- The Problem: Getting a new aircraft certified by the FAA takes a decade and a billion dollars.
- The Solution: Build a flying boat (seaglider) and get it certified by the U.S. Coast Guard instead.
- Regent: Founded in 2020 by MIT-trained engineers Billy Thalheimer and Mike Klinker.
- Seaglider: An all-electric flying boat that can transform transportation and cargo shipments.
- Mark Cuban's Take: "It’s a revolutionary product that can change transportation for so many cities. Faster, better, cheaper is always a winning combination." (Cuban invested in Regent's $60 million Series A round.)
- Certification Advantage: Coast Guard certification is faster and cheaper than FAA certification due to less bureaucracy and more design variation in boats.
- Seaglider Design: 65-foot wingspan, dozen propellers, two operators, 12 passengers.
- How it Works: "Float, foil, fly." Lifts out of the water on hydrofoils before flying close to the surface, using the cushion of air.
- Speed: 180 miles per hour.
- Benefits of Overwater Travel: Efficient due to flat terrain and straight lines.
- Future Plans: Passenger trips by 2027, e.g., NYC to the Hamptons for $80.
- Cost to Market: Estimated $200-300 million, much less than FAA certification.
- Investment and Orders: Regent has raised over $100 million and has $10 billion in backlog orders.
- Key Insight: FAA certification is difficult and expensive, especially for new aircraft designs. The maritime world is more open to varied designs.
- Electric Advantage: Seagliders can use full battery range because they always have a safe place to land on the water.
- Range: Estimated 180 miles per charge.
- Market Potential: Larger than $500 billion, including passenger, cargo, offshore, and defense applications.
- Founders' Background: Thalheimer and Klinker previously worked on electric aircraft at Aurora Flight Sciences and realized the challenges of FAA certification early on