The co-founder and CEO of Regent, Billy Thalheimer, said the company has already amassed a backlog of $7 billion worth of orders for its sea gliders.
Once on the edge of the harbor, the Regent sea glider accelerates and takes off, staying within one wingspan of the water's surface.
"When the vehicle is in the hydrofoils, basically it's like driving above the water surface on stilts," the CTO said.
Following successful tests over the summer, Regent now aims for the Viceroy sea glider to enter service by the end of 2025.
The startup is also developing a 100-passenger sea glider, dubbed the Monarch, that can carry 25,000 pounds of payload.