BOSTON (CBS) — Boston-based company Regent has created what it calls the world’s first “seaglider.” The all-electric vehicle is a cross between a boat and an airplane.
It can travel up to 180 mph, never flying higher than a wingspan above the water.READ MORE: VIDEO: Somerville Police Looking For Passenger Who Shot At Mercedes
Both the creators studied at MIT.
Billionaire Mark Cuban is one of the investors behind the seaglider.READ MORE: Surveillance Video Shows Man Pointing Gun At Police In Springfield
“The efficiency of coastal transportation will be 100x greater with REGENT. There is no other way to describe it,” he said in a statement. “The idea of having to get between 2 coastal points is always stress inducing. Regent changes all that and makes it fast and easy.”
Regent said it has almost half a billion dollars in orders from airlines and ferry companies. The seaglider should start carrying passengers by 2025.MORE NEWS: Summer Officially Underway In Massachusetts: Kids, Adults Alike Looking To Have Fun