eVehicle Technology
acoustic vehicle alerting system

REGENT Secures Strategic Investment from Mitsui O.S.K. Lines

REGENT and MOL Switch

REGENT Craft, the manufacturer of all-electric seagliders for sustainable maritime mobility, announced a strategic investment from

REGENT Craft, the manufacturer of all-electric seagliders for sustainable maritime mobility, announced a strategic investment from MOL Switch LLC, a US-based corporate venture capital firm under Mitsui O.S.K. Lines (MOL), one of the world’s largest shipping companies. This investment will aid REGENT in introducing seagliders to the market in Japan and other coastal destinations worldwide.

REGENT seagliders provide efficient, sustainable options to augment coastal transportation ecosystems. The hydrofoiling wing-in-ground-effect vessel leverages existing dock infrastructure to carry people and goods over water up to 180 miles between coastal destinations – all with zero emissions. 

“This strategic partnership marks a significant step forward for seaglider market adoption in Japan. Having MOL as a maritime champion for seaglider technology underlines REGENT’s market-leading traction in the country and paves the way to bring our high-speed, all-electric transportation solutions to coastal communities.” — Billy Thalheimer, Co-founder and CEO,REGENT

Advancing maritime innovation

REGENT is the first to unlock the commercial viability of ground-effect vehicles, combining the speedof an aircraft with the convenience of a boat.

“REGENT’s pioneering technology and commitment to sustainability align with MOL’s core mission to applyinnovative technology and services to advance environmental conservation. The partnership reflects our shared commitment to ensuring safe transportation andbuilding a sustainable future.” —Tomoaki Ichida, CEO, MOL Switch LLC

Growing ecosystem for seagliders in Japan

MOL Switch’s strategic investment in REGENT is part of growing interest in seaglider technology in Japan. H.I.S. Group, one of Japan’s largest travel agencies, JapanAirlines Innovation Fund, the venture arm of Japan Airlines (JAL), and YamatoHoldings, Japan’s largest parcel delivery and logistics company, are also strategic investors in REGENT.

About 80% of Japan’s population lives on or near coastal areas, and the maritime industry is critical to the country’s economy. Seagliders provide affordable, convenient,and sustainable options to transport people and goods in the country, augmenting existing transportation options and supporting lives and livelihoods.

SOURCE: REGENT

Avatar photo

eVehicle Technology

Join thousands of eVehicle Experts and get the latest updates straight to your inbox!