Defense giant Lockheed Martin has announced a new investment in REGENT, a pioneering electric seaplane maker, as part of its ongoing efforts to modernize and streamline operations. With over $66 billion in sales last year, Lockheed Martin is one of the top US defense manufacturers, best known for making some of the most advanced and lethal defense innovations like the F-35 Fighter Jet.
Lockheed Martin is focusing on electric technology, a trend that promises more power with lower operating costs. Last year, the company invested in Electra’s Series A fundraise to develop a hybrid electric eSTOL aircraft. Now, the company has invested in REGENT, which develops and manufactures all-electric seaplanes for fast, efficient, and emission-free travel.
The investment will expedite the development of electric seagliders for defense missions. REGENT’s all-electric, zero-emission seagliders combine the maximum speed of an airplane with the low operating cost of a boat, with the ability to carry people and goods quickly up to 180 miles at 180 miles per hour. CEO of REGENT, Billy Thalheimer, said:
“We see defense strategy evolving toward an island-hopping force featuring agile, affordable, and distributed craft.”
VP and General Manager of Lockheed Martin Ventures, Chris Morgan, added:
“We believe that REGENT seagliders can bring tailored solutions to the future battlespace.”
The electric seaplane will enter service by 2025, with full-scale prototypes beginning sea trials by the end of the year. With over 400 sea gliders sold to customers across the globe and $7.9 billion in orders for its 12-passenger sea glider, Viceroy, REGENT’s investment by Lockheed Martin could have a significant impact on the future of defense technology.
