Mon, Apr 03, 2023
Multiple Investors Join the Family as Regent Charts the Way Forward
Regent's efforts to create a seaborne ground-effect aircraft have obtained the blessing of a handful of investors in recent weeks, with Yamato Holdings, Lockheed Martin Ventures, and Japan Airlines all joining the fold since January.
The ultimate goal is to create a functional seaglider for cargo and passenger operations along extensive coastlines all over the world - many of which abut regions set for explosive economic growth. The most recent addition to the investor fold, Yamato Holdings, sees Regent's work as a viable method to feed coastal areas with affordable parcel delivery. As part of a cargo ecosystem, with drones and automated ground transport taking care of fulfillment throughout the rest of the delivery chain.
The string of successes this year casts a positive glow on Regent's efforts. The recent investment by Lockheed Martin Ventures could, under the right conditions, eventually lead to defense industry contracts, particularly possible as the US military looks to increase its seaplane capabilities throughout the Pacific. The Seagliders are expected to carry their payloads for up to 180 mph for about 180 miles, all while using ubiquitous small watercraft infrastructure anywhere in the world.
“This investment from Yamato sets a clear path forward for our vision on seagliders to serve the critically important middle mile routes that connect high-volume freight carriers coming into port with last mile delivery services,” said Billy Thalheimer, CEO of Regent. “Partnering with Yamato brings seagliders to this market, and we look forward to identifying new ways to increase efficiencies within their supply chain and distribution networks.”
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