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Seaglider startup Regent Craft Inc. lands $60M in Series A funding

NORTH KINGSTOWN - Seaglider technology startup Regent Craft Inc. has secured an additional $60 million, bringing the company’s total fundraising to $90 million.   The...

Regent Craft unveils full-scale seaglider mock-up, facility expansion plans

NORTH KINGSTOWN – Regent Craft Inc.’s seaglider technology has taken a “key step” closer to passenger transportation trials, the company announced on April 14,...

Lockheed investment allows Regent to expand into defense manufacturing

NORTH KINGSTOWN – Regent Craft Inc., a Quonset-based startup developing “seaglider” transportation technology, is expanding its reach into the defense manufacturing sphere with a...
MONEY TALKS: Toby Stapleton, left, director of Newport-based Blue Venture Forum, speaks with Erin Donovan-Boyle, CEO and president of the Greater Newport Chamber of Commerce, at Innovate Newport. Stapleton says many blue and green tech startups have been avoiding a funding crunch that other new ventures are facing at the moment. 
PBN PHOTO/KATE WHITNEY LUCEY

Blue and green startups avoiding funding crunch

Over the past year, declining investments, layoffs and uncertainty about the future have plagued tech companies throughout the U.S. And while tech giants such...

Regent Craft secures Japan Airlines investment

NORTH KINGSTOWN – “Seaglider” technology startup Regent Craft Inc. has secured a strategic investment from Japan Airlines Innovation Fund, the Quonset-based company announced last month, bringing its...

Founders, investors convene at first Blue Venture Investment Summit

BRISTOL – When Billy Thalheimer, CEO and founder of Regent Craft Inc. first set out into the venture capital space, the most exposure he'd...

Regent’s Seaglider completes inaugural flight over Narragansett Bay

PROVIDENCE – Regent Craft Inc.’s high-tech Seaglider took flight for the first time over Narragansett Bay, the company announced in September, paving the way for...

Regent moves forward in Seaglider certification

PROVIDENCE – Regent Craft Inc., a Burlington, Mass., company in the process of moving to Rhode Island, recently reached a “critical certification milestone” with a new...

Regent Craft partners with Pacific Current to develop Seaglider network in...

PROVIDENCE – Regent Craft Inc., the Boston-area startup set to move to Rhode Island, has partnered with Hawaii's largest electricity provider to explore a...
REGENT CRAFT INC. received approval on Wednesday, June 1, 2022, from the R.I. Commerce Corp. for up to $13 million in state tax credits to establish 300 jobs in Rhode Island. / COURTESY REGENT CRAFT INC.

R.I. Commerce approves $13 million in tax credits for ‘seaglider’ startup

PROVIDENCE – The R.I. Commerce Corp. on Wednesday unanimously approved $13 million in tax incentives for Regent Craft Inc. to move from Massachusetts to...
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