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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Tech & Innovation
4 mins to read

Ocean Flyer secures $145m to finance electric seagliders

Global asset manager Monte has signed a deal to fund first tranche of coastal seagliders.

WATCH: Ocean Flyer CEO Shah Aslam speaks with Jonathan Mitchell.

Ocean Flyer has inked a deal with UK-based investor Monte for $145 million to fund the first batch of electric seagliders.

The financing partnership marked a critical milestone for Ocean Flyer after it signed a $700m deal with US startup Regent Craft in 2022 – which is backed by high-profile

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Jonathan Mitchell Wed, 15 May 2024
Contact the Writer: jmitchell@nbr.co.nz
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Ocean Flyer secures $145m to finance electric seagliders
Tech & Innovation,
104036
true