i bet drug smugglers will buy these
 

Cheaper to use narco-subs

yes, thats what they want , more attention.

wow ,awesome

Looks like HydroLance stuff, although unlike HydroLance, this guy actually got it built.

But if you're looking to invest in this sort of thing and possibly becoming a villainous billionaire for it, definitely check 'em out. Apparently they have proprietary geometries.

http://www.hydrolance.net/

HydroLance technology:

Glass Smooth Speeds through Elevated Sea States

No Roll, Pitch, Heave, Sway or Yaw - Ever

No Sea Sickness - Ever

Rated Cruising Speed Application Designs: 60 - 150 Knots+

http://www.hydrolance.net/Common/HLS-7%20-%20b.jpg
Above: HL-7 Special Missions Support HARTH High-Speed Patrol Interceptor - 100+ Knots

http://www.hydrolance.net/Common/SandIsland-RvOfSea.jpg

Wave piercing hull designs are not new at all. Australia has led the way for maybe 30 years in this area.