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3 Latest Announced Rounds

$1,652.74M Raised in 81 Funding Rounds in the past 7 Days - View All

Funding Round Profile

REGENT

start up
United States - North Kingstown , RI
  • 09/10/2023
  • Series A
  • $60,000,000

REGENT’s mission is to drastically reduce the time and cost of moving people and goods between coastal cities. Our vehicle, called a seaglider, is an all-electric, wing-in-ground-effect craft that operates within a wingspan of the water's surface and couples the speed of an airplane with the operating cost of a boat. Built to the same safety standards as all modern aircraft and watercraft, our vehicle will service routes up to 180 miles with existing battery technology and routes up to 500 miles with next-gen batteries, all via existing dock infrastructure. Our world-class team of aerospace and maritime engineers are leveraging maritime vehicle development pathways to bring our zero-emission, high-speed seagliders to market within five years.


Related People

Billy ThalheimerCo Founder

Billy Thalheimer United States - North Kingstown, Rhode Island

Billy founded REGENT after years spent as an aerospace program manager, business development leader, and multidisciplinary aerospace engineer. He is experienced in leading all aspects of the aircraft development process - from business case studies and first napkin sketches, through detailed design and integration; and culminating in flight test and operations.

In under two years at REGENT, Billy has overseen growth of the company to over 30 employees, growth of the commercial backlog to over $7B in seaglider orders, and raised over $30M from world-class investors like Founders Fund, Mark Cuban, Peter Thiel, and Hawaiian Airlines.

During his time at Aurora Flight Sciences, Billy was responsible for developing new programs in vehicle design and technology maturation to support Aurora/Boeing’s portfolio of future air mobility solutions. He additionally led technical program execution, financial management, and strategy for eVTOL aircraft programs; and worked as an air vehicle conceptual design engineer.

Billy holds a BS and MS from MIT’s aerospace engineering program and continues to hold close relationships with the MIT community. As a passionate aerospace nerd, he spends his free time competing as an aerobatic pilot and participating in student outreach events.