FromInc
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.
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Bypassing Bureaucracy: Regent's "seaglider" aims to revolutionize transportation by cleverly circumventing the FAA's notoriously lengthy and expensive aircraft certification process. By classifying the vehicle as a boat, they can leverage the U.S. Coast Guard's certification pathway, potentially saving time and money.
Float, Foil, Fly: A New Mode of Transport: The seaglider's innovative three-stage operation – floating, foiling (using hydrofoils to rise out of the water), and flying just above the surface – offers a unique and visually appealing experience, setting it apart from traditional aircraft and even electric ferries.
Speed and Efficiency on the Water: The seaglider's projected speed of 180 mph, significantly faster than electric ferries, combined with the efficiency of straight-line overwater travel, positions it as a potentially disruptive force in coastal transportation.
Mark Cuban's Bet on the Future: The involvement of Mark Cuban, a well-known investor and entrepreneur, lends credibility to Regent's vision. His participation in the $60 million Series A round highlights the potential of seagliders to transform transportation.
Unlocking Untapped Potential: Regent aims to tap into 90% of cargo transportation on the ocean, which is a huge market potential. The market opportunity is more than $500 billion when considering commercial applications, passenger, cargo, the offshore, the defense applications.