Falcons owner Arthur Blank has spent $180 million on a massive 295-foot yacht, according to TMZ.

The boat, which has 11 cabins and holds 23 guests and 33 crew members, has reportedly “just touched the water for the first time earlier this week.” TMZ said the yacht will undergo tests of its seaworthiness.

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Dutch Yachting, a Facebook page, posted footage of the ship.

The video shows a time-lapse of the yacht being pulled by two smaller boats while a third follows behind.

TMZ and Dutch Yachting list the name as “DreAMBoat.” Arthur Blank’s initials are AMB.

TMZ's sources told them Blank was "very involved" in the construction process, flying to the Netherlands "several times" to meet the shipbuilders. The boat was constructed by Oceanco, a company that builds custom superyachts.

Oceanco published a press release on their site for DreAMBoat, though it does not mention Blank's name.

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“It has been an intense project, but with some clear direction from the Owner, excellent collaboration between Espen Øino, Terence Disdale Design and Oceanco, we have achieved a great deal and are poised to deliver a stunning yacht,” said Dan Jackson, whom Oceanco credits as “the Owner’s representative.”

According to Oceanco, DreAMBoat is “on track for delivery before the summer season.”

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