Connect with us

Rhode Island

REGENT Celebrates 2 Years in Rhode Island

Published

on

REGENT Celebrates 2 Years in Rhode Island


The seaglider company has created more than 135 jobs and reinvested $22 million into the state.

REGENT team

This REGENT team picture was taken in front of the company's headquarters in North Kingstown, RI, in June 2024.

This REGENT team picture was taken in front of the company’s headquarters in North Kingstown, RI, in June 2024.

North Kingstown, RI, Aug. 01, 2024 (GLOBE NEWSWIRE) —

media@regentcraft.com

Advertisement
  • REGENT has achieved key milestones, including proving seaglider technology, advancing certification, and expanding its global order book.

  • Learn more about why REGENT chose Rhode Island as its headquarters here, and explore open career listings here.

REGENT Craft, the manufacturer of all-electric seagliders for sustainable maritime mobility, celebrates two years since it moved its headquarters to the state.

Founded outside of Boston in late 2020, REGENT moved to the Ocean State in August 2022. Rhode Island offers three key factors that make it ideal for seaglider development and manufacturing: ideal test environments, strong naval architecture and composites expertise, and access to top talent from across New England.

“We’re proud that seagliders are made in America, and in the two years that REGENT has been in Rhode Island, we’ve made significant progress in achieving our mission of revolutionizing coastal transportation,” said Billy Thalheimer, Co-founder and CEO, REGENT. “REGENT is poised to make Rhode Island the national hub for seaglider manufacturing and a global center for the Blue Economy.”

Company milestones 

Since arriving in Rhode Island, REGENT has achieved key milestones in its journey to revolutionize regional costal transportation around the world.

Advertisement
  • Proved seaglider technology: REGENT successfully tested its quarter-scale prototype, proving the viability of the technology behind the seagliders three operating modes, float, foil, and fly.

  • Expanded its facilities: The company expanded from 10,000sqft to 30,000sqft and was responsible for the 13,000th employee hired in Quonset Business Park, where REGENT is based.

  • Completed record Series A: REGENT secured a  $60 million Series A in October 2023, the largest venture capital raise for a startup in Rhode Island history.

  • Advanced seaglider certification: Building on existing international guidance, REGENT has progressed seaglider certification in the U.S. and in markets around the world to ensure the highest levels of safety.

Impact on Rhode Island 

In two years, REGENT has driven more than $22 million in economic benefits to Rhode Island through investment in employees, local suppliers, facility developments, and general contractors, and created more than 135 jobs, including contract positions and internships.

REGENT plans to break ground on a test facility and manufacturing center with up to 600,000 additional square feet this fall and create hundreds of additional jobs in the next few years.

REGENT has also supported STEM development through partnerships with local programs and universities, including Skills for Rhode Island’s Future, the University of Rhode Island, the International Yacht School, and New England Tech.

Advertisement

About REGENT 

REGENT is pioneering the future of sustainable maritime mobility through the development and manufacturing of all-electric seagliders. Seagliders are a new category of vehicle that combine the speed of an aircraft with the convenience of a boat to deliver an affordable and efficient transportation solution between coastal destinations. REGENT’s flagship seaglider, Viceroy, is a 12-passenger vehicle that travels at 180mph to service routes up to 180 miles on a single charge.

REGENT has secured more than 600 seaglider orders valued at more than $9 billion from leading airline and ferry operators around the world and has raised more than $90 million from investors including 8090 Industries, Founders Fund, Japan Airlines, and Lockheed Martin.

Notes for editors  

Attachment

Advertisement
CONTACT: Kirsten Salyer REGENT 401-328-0532 kirsten.salyer@regentcraft.com



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Rhode Island

Newport crews extinguish house fire | ABC6

Published

on

Newport crews extinguish house fire | ABC6


Newport crews extinguished a fire on Green Street on Dec. 24. (WLNE)

NEWPORT, RI (WLNE) — The Newport Police Department said crews extinguished a fire on Green Street on Tuesday afternoon.

Around 2:22 p.m. Newport police were notified by the fire department of smoke coming from the basement of a home.

On the scene, crews reported a working fire, which was later extinguished.

Officials said the residents of the home were safety evacuated.

Advertisement

There are no reported injuries, according to police.

The cause of the fire, as well as where or how it started is under investigation.





Source link

Continue Reading

Rhode Island

RI Lottery Mega Millions, Lucky For Life winning numbers for Dec. 24, 2024

Published

on


The Rhode Island Lottery offers multiple draw games for those aiming to win big. Here’s a look at Dec. 24, 2024, results for each game:

Winning Mega Millions numbers from Dec. 24 drawing

11-14-38-45-46, Mega Ball: 03, Megaplier: 3

Check Mega Millions payouts and previous drawings here.

Winning Lucky For Life numbers from Dec. 24 drawing

16-22-24-43-47, Lucky Ball: 11

Advertisement

Check Lucky For Life payouts and previous drawings here.

Winning Numbers numbers from Dec. 24 drawing

Midday: 0-9-5-1

Evening: 2-0-2-3

Check Numbers payouts and previous drawings here.

Winning Wild Money numbers from Dec. 24 drawing

08-21-26-33-38, Extra: 36

Advertisement

Check Wild Money payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your prize

  • Prizes less than $600 can be claimed at any Rhode Island Lottery Retailer. Prizes of $600 and above must be claimed at Lottery Headquarters, 1425 Pontiac Ave., Cranston, Rhode Island 02920.
  • Mega Millions and Powerball jackpot winners can decide on cash or annuity payment within 60 days after becoming entitled to the prize. The annuitized prize shall be paid in 30 graduated annual installments.
  • Winners of the Lucky for Life top prize of $1,000 a day for life and second prize of $25,000 a year for life can decide to collect the prize for a minimum of 20 years or take a lump sum cash payment.

When are the Rhode Island Lottery drawings held?

  • Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
  • Mega Millions: 11:00 p.m. ET on Tuesday and Friday.
  • Lucky for Life: 10:30 p.m. ET daily.
  • Numbers (Midday): 1:30 p.m. ET daily.
  • Numbers (Evening): 7:29 p.m. ET daily.
  • Wild Money: 7:29 p.m. ET on Tuesday, Thursday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Rhode Island editor. You can send feedback using this form.



Source link

Continue Reading

Rhode Island

When will Santa Claus be in RI? Follow the 2024 Santa Trackers from NORAD and Google

Published

on

When will Santa Claus be in RI? Follow the 2024 Santa Trackers from NORAD and Google


play

It was the night before Christmas and all through the house, the children were wondering where’s that guy Claus?

If you’re looking to track Santa Claus’s flight over Providence and Rhode Island’s other cities and towns this Christmas Eve, there are a few ways you can track the big guy with nearly the same accuracy as a late Amazon package.

Advertisement

The military is on it with the NORAD Santa Tracker, and Google, which often feels all-knowing, is also on the case with its own Santa Tracker.

Check out the trackers to see Santa’s location:

See Santa’s location with the NORAD Santa Tracker

NORAD is the most reliable name in Santa tracking. On the job since 1955, when a young child from Colorado Springs accidentally called in (he meant to call a number advertised by a local department store), they’ve been following Santa’s journey using their radar technology ever since.

Now, NORAD, the joint U.S.-Canada command responsible for protecting the skies over both nations, staffs up for the big night, with a number available for children to call for status reports and an online tracker.

Advertisement

When does the NORAD Santa Tracker start?

On Christmas Eve, Dec. 24, of course.

How do I follow Santa’s journey with the NORAD tracker?

Santa is on the move, as you can see below. If it doesn’t load, it can be found at www.noradsanta.org

You can also call NORAD directly at +1 (877) HI-NORAD.

See Santa’s location on the Google Santa Tracker

In 2004, Google started tracking Santa as well, because, well, there’s a lot of interest in Old St. Nick. Google has a  website. While you’re waiting around for Santa, Google’s guide includes a family guide, quizzes and various Christmas-themed games to play.

Advertisement

Why might the NORAD Santa Tracker and Google Santa Tracker disagree?

All of our tracking technology is made for mere mortals, but Santa is magic, and he likes to create a little bit of mystery. It wouldn’t do for children all over the world to be catching him as he comes down the chimney to deliver presents. He would never get any work done! So sometimes, to keep the magic alive, he throws off the trackers, just a little bit.



Source link

Continue Reading

Trending