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Hey guys - Billy Thalheimer, Co-founder and CEO of REGENT here. A friend reached out to say this is blowing up - so cool! (Thank you beefman lol) Here to answer any questions
What exactly is coastal travel?
It's insane to me that the vast majority of inter-island travel in Hawaii (an archipelago where generally each island is visible from the next) is via jet aircraft. You have to spend hours (especially if you're checking bags) getting to the airport early, going through security, waiting at the gate, taxiing, etc ... for a 20 minute flight.
There used to be a ferry between Oahu and Maui but it got killed due to real and perceived environmental impact: https://en.wikipedia.org/wiki/Hawaii_Superferry
A light electric ferry service like this, directly between say, Ala Wai and Lahaina harbors, skipping airport/TSA nonsense, could be a very successful premium product. I just hope from there it could be scaled up so that it wouldn't remain just a niche offering for the rich.
Earlier quoted context omitted.
> Could it make the Catalinas from California coastline? Yes -- but there is probably no business case where that makes sense. Presumably your launch points are San Pedro/Long Beach, Dana Point, or maybe Redondo. In all three cases, if you want to get to Avalon within 15 minutes, you're paying for the helicopter service. If you're okay with taking an hour, you're paying for the existing boat shuttles, which take a wh…
west LA (maybe SF?) to SB and central coast would make sense if this thing can deal with choppy waters.
The holy grail for this thing is SF-to-Marina del Rey, at a decent passenger load, without stopping. If it can pull that off, some enterprising company will buy 50 of these things and run a shuttle that competes with the San Jose to LAX commuter routes.
Earlier quoted context omitted.
What exactly is coastal travel?
Travel near the coast where waves are limited in size. That means this thing won't be going from SF or LA to Hawaii any time soon.
They claim Mokulele as one of their customers so presumably they can travel between some of the islands.
Hey guys - Billy Thalheimer, Co-founder and CEO of REGENT here. A friend reached out to say this is blowing up - so cool! (Thank you beefman lol) Here to answer any questions
Sharp dude, nice guy. Hope y'all win big.
Hey guys - Billy Thalheimer, Co-founder and CEO of REGENT here. A friend reached out to say this is blowing up - so cool! (Thank you beefman lol) Here to answer any questions
What exactly is coastal travel?
As battery tech evolves to enable ranges of up to 500 miles, we can add routes like Los Angeles San Francisco and Boston New York. I'm excited about those.
Hey guys - Billy Thalheimer, Co-founder and CEO of REGENT here. A friend reached out to say this is blowing up - so cool! (Thank you beefman lol) Here to answer any questions
Earlier quoted context omitted.
Travel near the coast where waves are limited in size. That means this thing won't be going from SF or LA to Hawaii any time soon.
> That means this thing won't be going to Hawaii any time soon. They claim Mokulele as one of their customers so presumably they can travel between some of the islands.
We've sold over 467 seagliders with a $7.9B order backlog spanning global aviation and ferry customers. I would think this is pre-launch sales. It's probably hedged with "subject to certification" risk, but it's still pretty solid, and if it came with sufficient deposit fundings to bootstrap the assembly line, all to the good. But, my understanding is that both boats and aircraft (and this is a join over the two) inc…
Seaglider entry to service is slated for mid-decade so you're spot on, all these are pre-launch sales. We're one of the few companies in the space with firm, nonrefundable deposits and contractually obligated pre-delivery payments (that scale with milestones as you mentioned) on the full first year of these orders. We take off at the periphery of harbors and fly over the open water in-between. Seagliders have 5ft wav…