‘Seagliders’ developer seeks up to $13M in tax credits for move to Quonset

Marc Larocque

05/31/2022

REGENT CRAFT INC., a startup company now based in Massachusetts that's developing an on-the-water transport vessel called a "seaglider," is seeking tax credits worth up to $13 million from R.I. Commerce Corp. through the Qualified Job Tax Credit program. / RENDERING COURTESY REGENT CRAFT INC.

PROVIDENCE – A company with backing from Dallas Mavericks owner Mark Cuban that’s behind the development of “seagliders” – a new type of regional transportation vehicle that cruises over the water at 180 mph – is looking to relocate its employees from Massachusetts to Rhode Island with the help of a Qualified Job Tax Credit…

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