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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

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

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Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]