REGENT

REGENT

Designs and manufactures electric coastal vehicles

About

Regent Craft focuses on improving coastal transportation with its all-electric vehicles called Seagliders. These vehicles fly just above the water's surface, allowing them to travel at speeds of up to 180 mph while producing no emissions. They can cover distances of up to 180 miles, making them suitable for routes in coastal areas and islands. Regent Craft uses existing docks for its operations, providing a faster alternative to traditional ferries and planes. The company partners with commuter airlines and ferry operators to connect communities and reduce carbon footprints. Unlike other transportation options, Regent Craft's Seagliders are designed specifically for urban air mobility, targeting coastal regions like New England, Florida, and the Caribbean. The goal of Regent Craft is to enhance regional travel by offering a sustainable, efficient, and affordable transportation solution.

Company Stage

Series A

Employees

201-500

Industries

Automotive & Transportation, Energy, Aerospace

Total Funding

$84.6M

Headquarters

North Kingstown, Rhode Island

Founded

2020


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in sustainable maritime transport boosts market for electric seagliders.
  • EU's Green Deal supports zero-emission seagliders in European markets.
  • Advancements in battery technology enhance seagliders' range and efficiency.

What critics are saying

  • Regulatory hurdles in UAE may delay seaglider services in Abu Dhabi.
  • Certification process with Lloyd's Register could face delays, affecting deployment timeline.
  • Competitive urban air mobility landscape may challenge Regent's market position.

What makes REGENT unique

  • Regent's seagliders combine airplane speed with boat cost efficiency.
  • Seagliders offer zero-emission travel at speeds up to 180 mph over water.
  • Regent leverages existing dock infrastructure for faster, efficient coastal transportation.

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Growth & Insights
Headcount

6 month growth

24%

1 year growth

43%

2 year growth

201%

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