With funding from Dallas Mavericks owner and Shark Tank investor Mark Cuban and Fitbit founder James Park, REGENT has announced that it’s moving forward with a “proof of concept” model for its revolutionary 180-mph “float, foil, fly” electric seaglider.

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The first prototype of the Lilium Jet eVTOL aircraft out of two was destroyed in a fire. It will be replaced by the only one left in the flight-test program. expand full story