The company is currently developing two prototypes, the six-foot Spyglass and 13-foot Cutlass, both equipped with remotely updatable software and capable of carrying diverse payloads. Saronic, based in Austin, Texas, has raised around $70 million in venture capital to date and has approximately 45 employees. The company's focus is on building autonomous boats from the ground up, with the mission built around the boat, not the other way around.
Key takeaways:
- Saronic, a startup developing autonomous ships for defense, has raised $55 million in a Series A round. The round was led by Caffeinated Capital and included participation from several other venture capital firms.
- The company is currently prototyping two ships, the six-foot Spyglass and 13-foot Cutlass, each equipped with remotely updatable software and capable of carrying diverse payloads.
- CEO Dino Mavrookas claims that Saronic already has two R&D agreements with the U.S. Navy.
- Saronic, based in Austin, Texas, has raised around $70 million in venture capital to date and has roughly 45 employees.