REGENT Signs Initial Agreement with Strategic Development Fund for Joint Venture in UAE
02/26/25, 5:21 PM
Location
Industry
information technology
Type
partnership
REGENT Craft has signed an initial agreement with Strategic Development Fund (SDF) to establish a joint venture (JV) in the UAE. The JV aims to manufacture REGENT’s electric seagliders in the UAE for supply to the Middle East, Africa and beyond, and to provide aftermarket services including maintenance, repair, and overhaul (MRO).
Company Info
Location
111 s bedford st ste 200
burlington, massachusetts, united states
Additional Info
REGENT’s mission is to drastically reduce the time and cost of moving people and goods between coastal cities. Our vehicle, called a seaglider, is an all-electric, wing-in-ground-effect craft that operates within a wingspan of the water's surface and couples the speed of an airplane with the operating cost of a boat. Built to the same safety standards as all modern aircraft and watercraft, our vehicle will service routes up to 180 miles with existing battery technology and routes up to 500 miles with next-gen batteries, all via existing dock infrastructure. Our world-class team of aerospace and maritime engineers are leveraging maritime vehicle development pathways to bring our zero-emission, high-speed seagliders to market within five years.