Lockheed investment allows Regent to expand into defense manufacturing

REGENT CRAFT INC., designers and builders of seagliders, pictured, recently received an undisclosed investment from Lockheed Martin Corp. that will help the company expand into the defense manufacturing field. / COURTESY REGENT CRAFT INC.
NORTH KINGSTOWN – Regent Craft Inc., a Quonset-based startup developing “seaglider” transportation technology, is expanding its reach into the defense manufacturing sphere with a recently announced investment from Lockheed Martin Corp. “We see defense strategy evolving toward an island-hopping force featuring agile, affordable, and distributed craft,” Regent CEO and co-founder Billy Thalheimer said in a statement.…

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