Saronic Raises $55M Series A to Produce Autonomous Naval Vessels

The defense tech company aims to build solutions suited to the modern naval landscape.

Published on Oct. 10, 2023
Saronic Raises $55M Series A to Produce Autonomous Naval Vessels
Saronic's Spyglass product sits in open water in front of a ship.
Photo: Saronic

Saronic, a maritime autonomy company that develops surface vessels, has recently raised $55 million in a Series A funding round. The funding was led by Caffeinated Capital and will help Saronic accelerate research and development while expanding its in-house manufacturing capacity for rapid production.

The company’s products, the Spyglass ASV and Cutlass, are autonomous vessels designed to navigate maritime environments and carry diverse payloads. These vessels are equipped with remotely updatable software and can operate in communication-denied and GPS-denied environments. 

The defense company’s solutions are purpose-built for the United States and its allies to leverage a large fleet of autonomous vessels. Saronic’s technology aims to enable real-time, collaborative and autonomous mission-level decision-making to enhance the range, capability and survivability of naval fleets and warfighters.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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