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 ...
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 ...
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 ...
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 autonomous vessel startup envisions itself as a main actor in the push to reinvigorate U.S. shipbuilding and sees its future Port Alpha shipyard as part of that. Saronic Technologies, a three ...