Sign In
Search
Business/Financial

Lockheed Martin Investing In Ocean Aero, Developer Of Unmanned Sea Vessel

Rich Abott By
SHARE:
Lockheed Martin Investing In Ocean Aero, Developer Of Unmanned Sea Vessel
Diagram of Ocean Aero's Submaran unmanned underwater and surface vessel . (Diagram: Ocean Aero.)

Lockheed Martin [LMT] said Friday its venture unit is making a “strategic investment” in unmanned maritime vehicle developer Ocean Aero as its second significant investor.Terms of the investment were not disclosed.San Diego-based Ocean Aero develops autonomous, persistent, energy scavenging, solar/wind-powered vessels. It is known for developing the Submaran unmanned underwater (UUV) and surface vessel for oceans observation and data collection.The Submaran is powered by solar and wind energy, can travel for months at a time, and can dive down to 660 feet…

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.

Recommended

Defense Watch

Defense Watch: Munitions Shortages, IVEWS LRIP, Satellite Infrastructure

Defense Watch

Defense Watch: X-Bat Collab in Poland, German F-35, DAF Battle Network

Business/Financial

Saronic’s Port Alpha Breaks Ground With LCU-1700 Backlog, Open To Building Navy Modules

Business/Financial

DoD Takes Equity Stake In Steel Firm As Part Of Funding Raise

Trending

Boeing Picked For Navy’s F/A-XX Carrier Fighter
USAF Awards Raytheon Nearly $21 Billion for AMRAAM Foreign Orders
21 Tranche 1, Transport Layer Satellites Delivered to Vandenberg, Northrop Grumman Says
Defense Watch: Munitions Shortages, IVEWS LRIP, Satellite Infrastructure
U.S. Space Force Pins Hopes on Space-Based Radar Systems, Northrop Grumman Building GMTI System

Congress Updates

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume