Overview
- REGENT flew the Viceroy a short, controlled hop that covered about 596 meters at roughly 10 meters above the water for 30 seconds with two crew aboard.
- The company closed a $240 million Series B to finance certification work and start up a Rhode Island production facility.
- Viceroy combines wing‑in‑ground‑effect lift with hydrofoils and distributed electric propulsion to improve takeoff, stability, and low‑altitude handling.
- REGENT will focus next on expanded flight testing, formal certification and scaling to serial production while continuing unmanned Squire tests and defense partnerships.
- The program revives a niche sea‑skimming concept with electric propulsion for short coastal routes and faces regulatory, certification and sea‑state performance challenges before passenger service can begin.