REGENT

Designs and manufactures electric coastal transport vehicles

North Kingstown, Rhode Island, United States

About REGENT

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 a fast and efficient alternative to traditional ferries and planes. Regent Craft primarily serves coastal areas and island communities, partnering with commuter airlines and ferry operators to enhance travel options. Unlike its competitors, Regent Craft utilizes existing dock infrastructure, which simplifies the transition to its services. The company's goal is to connect communities while reducing carbon emissions and making transportation more affordable and resilient.

North Kingstown, Rhode IslandHeadquarters
2020Year Founded
$84.6MTotal Funding
SERIES_ACompany Stage
Automotive & Transportation, Energy, AerospaceIndustries
201-500Employees

Risks

Regulatory hurdles in the UAE may delay seaglider services in Abu Dhabi.
Environmental groups may oppose military applications of seaglider technology.
Reliance on strategic investments poses financial risks if investors withdraw support.

Differentiation

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

Upsides

Strategic investment from Mitsui O.S.K. Lines boosts Regent's financial stability.
Partnership with Lloyd's Register enhances regulatory compliance and safety standards.
Winning the TIACA Sustainability Award highlights Regent's commitment to sustainable transportation.