Saronic plans to use the facility to grow its fleet of autonomous surface vessels amid demand from the Pentagon for more drones of all kinds.

Armed with $600 million in fresh funding, Austin-based Saronic Technologies has set its sights on building a shipyard for ...

Catch up quick: Saronic already makes three unmanned surface vessels: the 24-foot Corsair, the 14-foot Cutlass and the 6-foot Spyglass. Corsair can travel 1,000 nautical miles, carry 1,000 pounds ...

The company has developed three unmanned vessels since its start and in October unveiled Corsair, the newest boat in that product line. In January, Saronic hired 15-year technology sector veteran ...

Saronic plans to use its Series C funding to build Port Alpha, a next-generation shipyard for the U.S. hybrid fleet.

Saronic has been building smaller USVs, including the six-foot long Spyglass, 14-foot Cutlass, and 24-foot Corsair which can travel up to 1,000 nautical miles, in Austin, Texas. The company is ...

Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced yesterday, quadrupling its valuation to $4 billion ...

This announcement comes on the heels of a strong 2024 for Saronic that included the development and delivery of Corsair, its largest ASV model to date; the acquisition of a ~420,000-square-foot ...

Feb 18 (Reuters) - Saronic Technologies said on Tuesday it has closed a $600 million Series C funding round, led by investor Elad Gil, which valued the autonomous shipbuilding company at $4 billion.

The funding — and the company's new valuation — make Saronic one of the fastest-growing startups Austin has ever seen. It's also a validation of the company's approach to building for the ...

AUSTIN, Texas, Feb. 18, 2025 /PRNewswire/ -- Saronic Technologies today announced it has closed $600 million of funding for its Series C round to advance its mission of redefining maritime ...