This is like the old Soviet Ekranoplans [1]. [1] https://en.wikipedia.org/wiki/Lun-class_ekranoplan
It will have many of the same issues too, common to all ground-effect sea planes, namely that wave height, rogue waves, weather conditions, and the ability of pilots to remain highly focused will be major limiting factors.
But maybe this kind of thing is made out of materials more like a surfboard than an sr-71.