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The Feds Won’t Buy This $19 Million Stealth Boat—or Let It Be Sold Abroad

With his patents under gag order, Gregory Sancoff is being ghosted by the government.
Corrected

Self-made millionaire Gregory Sancoff has spent a decade and $19 million building a highly unusual stealth boat. Called Ghost, it’s designed to be faster, more stable, and more fuel-efficient than anything currently in the U.S. Navy’s fleet, he says. “It’s such a smooth ride, you can sit there and drink your coffee going through six-foot swells,” he proudly told Bloomberg Businessweek in 2014. 

But there’s a problem: The Pentagon doesn’t want Sancoff’s boat—and also won’t let him sell it abroad.