REGENT Announces Strategic Investment from Yamato Holdings
North Kingstown, R.I., March 28, 2023 (GLOBE NEWSWIRE) -- REGENT, creators of the category defining all-electric seagliders that connect coastal ports at speeds up to 180 MPH, today announced a strategic investment from Yamato Holdings, Japan’s largest parcel delivery and logistics company.
- North Kingstown, R.I., March 28, 2023 (GLOBE NEWSWIRE) -- REGENT, creators of the category defining all-electric seagliders that connect coastal ports at speeds up to 180 MPH, today announced a strategic investment from Yamato Holdings, Japan’s largest parcel delivery and logistics company.
- The investment signifies the expansion of seaglider applications into a new vertical, further supports REGENT’s entry into the Japanese market following a recent investment by Japan Airlines Innovation Fund, and brings the company’s total investment to over $50 million.
- “We see a unique opportunity and potential in REGENT seagliders which shall dramatically transform how logistics services are to be offered,” says Takaaki Adachi, Senior Manager to Innovation at Yamato Holdings (Executive Officer to Innovation at Yamato Transport).
- In addition to the investment, REGENT and Yamato Holdings plan to work together to bring seagliders to logistics markets in Japan and around the world.