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Unmanned Systems

Vatn Systems Raises $60 Million To Scale Undersea Vessel Development And Manufacturing

By Cal Biesecker

Wednesday, December 10th, 2025

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Vatn Systems Raises $60 Million To Scale Undersea Vessel Development And Manufacturing

Vatn Systems Skelmir S12 autonomous underwater vehicle can also function as a lightweight torpedo. Photo: Vatn Systems

Autonomous underwater vehicle (AUV) developer and manufacturer Vatn Systems on Wednesday said it has raised $60 million in a funding round the Rhode Island-based startup will use to expand its workforce, accelerate research and development, scale manufacturing, and pursue more international business. The Series A round was led by BVVC and brings Vatn’s total funding to $76.5 million. The company currently has 65 employees. “Demand for affordable, scalable autonomous systems in undersea environments is accelerating rapidly,” Nelson Mills, Vatn co-founder…

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]