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TEST SUBJECT: Justin Sirotin, left, co-founder of Octo Product Development Inc., shows U.S. Sen. Jack Reed a mockup of a cockpit used by Regent Craft Inc. at Octo’s design lab in Providence. Regent is developing 12-passenger seagliders at its North Kingstown headquarters. 
COURTESY OCTO PRODUCT DEVELOPMENT INC.

Rhode Island driving innovation by turning tech into product

Inside Octo Product Development Inc.’s Providence design lab, designers are busy building early versions of technologies that could reshape maritime travel, from all-electric seagliders...
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...
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.

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

PROVIDENCE – A company with backing from Dallas Mavericks owner Mark Cuban that’s behind the development of “seagliders” – a new type of regional...
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