NEOM Invests in REGENT Series A to Expedite Electric Seaglider Development
The investment positions NEOM as the largest single contributor in REGENT’s Series A round, enabling the company to take its technology to the next stage.
- The investment positions NEOM as the largest single contributor in REGENT’s Series A round, enabling the company to take its technology to the next stage.
- NEOM’s investment is part of a multi-year partnership with REGENT to establish innovative seaglider passenger operations in the region.
- REGENT will also conduct on-site testing to be ready for operational roll-out by the mid part of the decade.
- Billy Thalheimer, Co-Founder and Chief Executive Officer of REGENT said: “REGENT and NEOM are focused on collaboratively solving operational details through this strategic investment and partnership.