Saronic Raises $1.75 Billion to Ramp Up Autonomous Vessel Production

Date:

CompaniesThe new funding will help tackle ongoing U.S. challenges in operating both surface and underwater autonomous vessels, the tech company says.Saronic’s multimission Corsair autonomous surface vessels. Courtesy of SaronicRob Sabo3/31/2026|Updated: 3/31/20260:00Saronic Technologies announced on March 31 that it had secured $1.75 billion in funding that gives the Austin, Texas-based maritime defense startup a post-money valuation of $9.25 billion.Saronic said it will use the funds to boost production capacity for its fleet of autonomous seacraft.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Rep. Swalwells Attorneys Demand FBI Director Halt Any Plan to Release Old Investigative Files

Rep. Eric Swalwell (D-Calif.) speaks on Capitol Hill in...

Minister Confirms About 650 Australian Service Stations out of Petrol or Diesel

Australia NewsAustralia’s most populous state remains the worst impacted...

Android Users to Be Compensated From $135 Million Google Settlement

The Google logo is pictured at the Google India...

Day in Photos: Protest in Jerusalem, Farmworkers Day, and Geisha Dance

Israeli security forces use water cannons to disperse protesters...