What it sells
All-electric seagliders for fast, affordable regional transportation
Business model breakdown
Buyer: who owns the budget?
Ferry operators, airlines and logistics companies placing orders; US defense (Marine Corps contract) via REGENT Defense.
Trigger: what makes them buy now?
Need for faster, cheaper, zero-emission coastal transport between cities using existing docks, avoiding congested highways and airports.
Workflow: what inputs become what output?
Operators buy Seaglider vessels (wing-in-ground-effect craft, 180 mph, 180-mile range) and run routes using existing dock infrastructure; defense missions and cargo also targeted.
Economics: what it saves and how it charges
Vessel manufacturing and sales; claims global commercial orders above $10 billion and $15M Marine Corps contracts; passenger fares claimed at half the cost of an aircraft ticket; raised $240M Series B (Aug 2026).
Distribution: how it reaches customers
Direct enterprise/government sales and order book with airlines and ferry operators; defense arm sells to US military.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2021 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.