REGENT has secured a $60 million investment in its Series A round, aimed at accelerating the development of its innovative seagliders, a zero-emission transportation solution.

Information on the Target

REGENT is an innovative transportation company that is pioneering the development of seagliders, a new mode of travel designed to provide fast, affordable, and zero-emission transportation along coastal routes. The company is co-founded by Billy Thalheimer and Mike Klinker, who are committed to revolutionizing the future of travel with their advanced technology.

The seagliders operate by utilizing wave-tolerant hydrofoils that enable a vehicle to take off from water and fly just above the surface, combining the principles of boating and aviation. With potential cruise speeds reaching up to 180 mph and a range of 180 miles on a single charge, REGENT aims to deliver a significant advancement in environmentally friendly transportation.

Industry Overview in the Target’s Specific Country

The electric transportation industry in the United States is experiencing rapid growth and increasing investment. As environmental concerns and the demand for sustainable travel solutions rise, compa