Saronic Raises $1.75B to Scale Autonomous Naval Ships
Saronic Technologies, a US startup, has raised $1.75 billion in Series D funding to scale autonomous naval ships. The investment will accelerate production of autonomous vessels, improve shipbuilding infrastructure, and bolster the US maritime manufacturing base.
Saronic Technologies, a US startup, develops autonomous maritime technology. The company has raised $1.75 billion in funding, led by Kleiner Perkins. The new capital will accelerate production of autonomous vessels. Saronic specializes in autonomous surface vessels for missions like logistics and reconnaissance. The company's vessels use AI navigation and sensor software. This allows them to operate in complex environments and improves safety and cost-effectiveness. Most of the investment will go towards increasing production capacity. Saronic is developing a new shipyard, Port Alpha, to produce more autonomous ships. The expansion is expected to boost production and employment in the area. Saronic's funding round is part of a trend of investing in defense technology startups.
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