Regent aims to fly its electric seagliders over the waterways of Japan
Publishing timestamp: 2023-10-05 08:00:01
Summary
Regent, a startup developing electric seagliders, has raised $60 million in a series round of venture funding and partnered with Japan Airlines to bring their flying ferries to Japan's waterways. The funding will be used for hiring and building and testing full-scale prototypes. Regent has already completed successful test runs and has orders for over 500 seagliders. The company aims to reduce greenhouse gas emissions and provide transportation solutions for coastal communities and various industries.
Sentiment: POSITIVE
Tickers: 9201.T-JP,
Keywords: technology, breaking news: business, business news, climate, start-up, transportation, japan airlines co ltd, venture capital,