Search

Autonomous Vessel Developer Saronic Raises $1.8 Billion To Accelerate Production, Add Capacity

Autonomous Vessel Developer Saronic Raises $1.8 Billion To Accelerate Production, Add Capacity
Marauder image from Saronic. The vessel is being produced at the company's new shipyard in Franklin, La.

Leveraging demand for unmanned systems, Saronic Technologies on Tuesday said it has raised $1.75 billion in a new funding round that the company will use to accelerate production and deliveries of its autonomous surface vessels for customers globally, expand capacity, and add new classes of ships. The Series D round was led by Kleiner Perkins and values Saronic at nearly $9.3 billion. Saronic, which is currently building two 180-foot Marauder autonomous unmanned surface vessels, wants to “accelerate into even larger…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]


Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]


Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]


Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]