Leaders.com
  • Login
  • Subscribe
  • Business
  • Leadership
  • Wealth
  • Master Classes
  • Business
    • Entrepreneurs
    • Executives
    • Marketing and Sales
    • Social Media
    • Innovation
    • Women in Business
  • Leadership
    • Personal Growth
    • Company Culture
    • Public Speaking
    • Productivity
    • Hiring
    • Social Issues
    • Leaders
  • Wealth
    • Investing
    • Cryptocurrency
    • Retirement
    • Venture Capital
    • Loans and Borrowing
    • Taxes
    • Markets
    • Real Estate
  • Master Classes
  • Login
  • Subscribe
Innovation Regent Seaglider

Regent Seaglider.

By Savannah Young Leaders Staff

Savannah Young

Savannah Young

News Writer

Savannah Young is a news writer for Leaders Media. Previously, she was a digital reporter for WATE Channel 6 (ABC)...

Full bio


Learn about our editorial policy

Aug 30, 2022

Seagliders Closer to Takeoff

Overcoming this recent barrier means that better, cheaper, and more sustainable air travel is on the horizon.

Key details
Today, Regent Craft announced it has received an Approval in Principle from Bureau Veritas Marine & Offshore for its 12-passenger, fully electric, wing-in-ground effect seaglider.

The Approval in Principle culminated in a 10-month, third-party engagement that ultimately determined that the aircraft and the technology driving it are viable and sustainable and able to move forward.

The Approval in Principle will be followed by a design appraisal process, a series of technical studies that are now underway that will allow the implementation of the seaglider’s design and operation, according to Regent.

This is an important certification milestone for the company as it marks the beginning of commercial seaglider operations.

Why it’s important
It’s a new, breakthrough technology so its viability needed to be determined.

The goal of Regent Craft is to reduce the cost and hassle of regional transportation between coastal cities. It designed a 100-person, all-electric seaglider that will be zero-emission and half the cost to operate as a traditional aircraft. The seaglider is an all-electric plane that flies just above the water’s surface and couples the speed of air travel with the operating cost of a boat.

It will fly routes up to 180 miles with existing battery technology and routes up to 500 miles with next-generation batteries. So it’s ideal for short, regularly scheduled routes—such as between Hawaiian islands or coastal cities like New York and Boston, Los Angeles and San Diego, or Miami and Fort Lauderdale. 

Seagliders would depart from harbors on hydrofoils—technology you might see on eFoil surfboards or America’s Cup racing yachts.

Backing up a bit
Regent is a startup backed by many industry-leading financiers such as Thiel Capital, Mesa Air Group, entrepreneur Mark Cuban, Y Combinator, Founders Fund, Caffeinated Capital, and Fitbit founder James Park. The company has more than $7 billion in sales booked from airlines and ferry companies, including firm deposits for the first seaglider deliveries.

Regent is working with governing bodies of the U.S. Coast Guard and the FAA to ensure it can operate safely at low altitudes, particularly in crowded harbors and during inclement weather. Assuming it earns regulatory approval, Regent is on pace for the first flight of their quarter-scale prototype in late 2022.

Home / News / Seagliders Closer to Takeoff
Share
FacebookTweetEmailLinkedIn

Related Stories

Twitter Files And Fake Russian Collusion 

by Tyler Hummel Leaders Staff
Social Media

59 minutes ago

Watts

Twitter’s Trust and Safety team discovered a scandal surrounding a think tank’s attempt to label American citizens falsely as Russian bots and spread paranoia about Russian influence—but said nothing.  

Key Details

  • Independent journalist Matt Taibbi, working with Twitter CEO Elon Musk and other journalists like Bari Weiss and Lee Fang, released the 15th official part of the Twitter Files on Friday, January 27. 
  • The newest part reveals that a think tank’s project, Hamilton 68, involved creating a list of supposed Russian bots and using it to propagate fears of Russian collusion. The list was primarily comprised of average American citizens. Twitter saw through the claims but never said anything about it publicly.  
  • “The Hamilton 68 dashboard was a high-level scam to falsely accuse Russian influence behind everything. Their entire opaque system was a fraud, and virtually every media outlet fell for it. Everyone from the New York Times to Mother Jones should post a correction,” says Fang. 
  • “Shame on MSNBC for misleading the public!” tweeted Elon Musk. 
  • See our previous coverage on Part 1, Part 2, Parts 3-5, Part 6, Part 7, Parts 8-10, Parts 11-12, Part 13, Part 14, Lee Fang’s Pfizer coverage, and The Facebook Files.

Go deeper

FacebookTweetEmailLinkedIn

Getting the News From TikTok

by Hannah Bryan Leaders Staff
Social Media

About an hour ago

news from tiktok

A news media startup is looking to gain traction on TikTok and establish itself as the social-media site’s newsroom. 

Key Details

  • Former BBC and News Corp. executives have formed The News Movement, a video news organization. 
  • The company is looking to acquire The Recount, a social media startup on TikTok that garnered millions of views but could not create revenue successfully. 
  • Media companies have used social-media sites in the past to build up their platforms successfully, but a media company has yet to do so on TikTok. 
  • Companies that have used social media to build their brand now struggle as sites like Facebook begin to decline—making investors hesitant to repeat past mistakes. 
  • However, The News Movement CEO Will Lewis thinks he can build a different media company.
  • Rather than focusing on subscriptions or advertising, The News Movement is working to establish itself as a content studio and social media agency. 
  • Already Lewis and editor-in-chief Kamal Ahmed have raised $15 million. 

Go deeper

FacebookTweetEmailLinkedIn

Mark Cuban Predicts the Next Crypto Scandal 

by Tyler Hummel Leaders Staff
Cryptocurrency

About an hour ago

Cuban

Billionaire investor Mark Cuban says that the next big crypto scandal will be the discovery and removal of “wash trading,” meaning that more than half of crypto transactions are illegal. 

Key Details

  • Cryptocurrency investors are entering this year hoping for a better year than the previous one, which saw multiple scandals, collapses, crashes, and the overall decline of crypto and NFT markets. 
  • But investors may not yet be out of the woods. Popular investor Mark Cuban tells The Street that the proliferation of “wash trading,” a form of illegal market manipulation, is making it a matter of time before the next major scandal rocks cryptocurrency. 
  • "I think the next possible implosion is the discovery and removal of wash trades on central exchanges. There are supposedly tens of millions of dollars in trades and liquidity for tokens that have very little utilization. I don't see how they can be that liquid," says Cuban. 
  • An August 2022 Forbes analysis found that “more than half of all reported trading volume is likely to be fake or non-economic."

Go deeper

FacebookTweetEmailLinkedIn
Entertainment

2 hours ago

Trump Partnering With LIV Golf League

by Savannah Young Leaders Staff
Innovation

2 hours ago

ChatGPT Passes Big Exams

by Savannah Young Leaders Staff
Taxes

3 hours ago

The Tax Remote Workers Should Watch For

by Hannah Bryan Leaders Staff

Recent Articles

Wealth

8 hours ago

How to Become a Millionaire: 5 Wealth-Building Tips

Learn strategies for growing your wealth

Wealth

Jan 27, 2023

How to Start Flipping Houses + 4 Mistakes That Could Bankrupt You

Learn how to start flipping houses to make a profit

Personal Growth

Jan 27, 2023

Top 10 Powerful Habits of Successful People for 2023

Try these habits for more life and career success

  • Business
  • Leadership
  • Wealth
Join the Leaders Community

Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business.

Subscribing indicates your consent to our Terms & Conditions and Privacy Policy

Leaders.com
  • Privacy Policy
  • About
  • Careers
  • Cookie Policy
  • Terms
  • Disclosures
  • Editorial Policy
  • Member Login

© 2023 Leaders.com - All rights reserved.

Search Leaders.com