Home AI iHLS US Drone Ship Builder Raises $1.75B for Naval Tech Expansion

US Drone Ship Builder Raises $1.75B for Naval Tech Expansion

Photo-Illus.-USV-by-NARA
Last used: 5.4.26 The Navtec, Incorporated Owl MKII Unmanned Surface Vehicle (USV) glides stealthly through the waters of Mile Hammock Bay, New River during a demonstration to highlight it's marine reconnaissance capabilities to the Riverine Insertion Operation Exercise (RIOEX) '98 participants. The Owl MKII is funded by the Office of Naval Research (ONR) and is remote-controlled from a small shoreline control station by Brad Dowling, a Navtec, Inc. electronics engineer, at Camp Lejeune, North Carolina, during the Riverine Insertion Operation Exercise (RIOEX) '98.

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U.S. defense-tech startup Saronic Technologies has raised $1.75 billion to expand its production of unmanned surface vessels. According to a report by news.az, the company builds autonomous drone ships for military use and has already secured a contract with the U.S. Navy. The startup plans to develop larger vessels.