Sam Lewis

Announcing @regentcraft's $240M Series B to bring our Seaglider manufacturing facility online and deliver them to our military and commercial customers. Lets go!! Could not have asked for better co-leads between Mare Liberum (@lcselby) and AE Ventures, bringing vast experience and connectivity across maritime and aerospace. Its not easy building in either of these sectors, so their backing is amazing validation for the business. So excited to be partnering with @ereborbank on the financing. @PalmerLuckey and the team are absolutely putting their money where their mouth is on backing the next generation of American industry and defense technologies. Access to this $120M in debt unlocks significant manufacturing purchases across tooling and equipment to stay on track for first Seagliders out of the factory by end of next year. We have a quarter-million feet of factory floor to fill. This is a major growth moment for REGENT. To date, we've largely been focused on prototyping. Seagliders are the first new mode of transportation since the helicopter, and its taken a lot of engineering and test to get here. Now we are focused to getting Seagliders into the hands of our customers, whether it is contested logistics and MEDEVAC missions in the Indo-Pacific, or commuter service to New York or Miami. The growth of the order book over the past year has been amazing. It's a huge moment for us, but we're keeping our heads down and working. We are on the eve of flying our full-scale, human-safe Viceroy Seaglider prototype. Investors in our Series B got deeply involved in our technology development and testing campaigns and gained conviction in REGENT to unlock this fundraise even before Viceroy has flown. I must say, it's awesome to see this team - even while celebrating this Series B - remain so locked in on flight. Thank you to our existing investors who doubled down on us like @_edgegroup / SDF, @GiantStepVC, @LockheedMartin, @caffeinatedcap/@tonsing, @JAL_Official_jp, @mcuban, @foundersfund/@zebulgar, East X, and @Future_Planet. And excited for all the new support with @DCVC, iGrow, @BalnordVC, @VanderbiltU, and Inceptional. Massive day for REGENT. Next steps: flight, production, deliveries!