Iván Hernández Dalas: Saronic raises $1.75B to build autonomous ships at scale
Saronic offers three autonomous vessels, the Corsair, shown above, Mirage, and Marauder. | Source: Saronic Saronic Technologies today said it has raised $1.75 billion in Series D funding. With the latest round, the company is now valued at $9.25 billion. Austin, Texas-based Saronic claimed that its ability to produce advanced autonomous ships at scale is critical to preserving the industrial strength required to project power, protect trade, and sustain long-term resilience at sea. The company said it uses an autonomy-first design approach, coupled with modern manufacturing infrastructure, to deliver net-new shipbuilding capacity. “Over the past decades, the U.S. has experienced a steady erosion of its ability to build ships and manufacture critical maritime infrastructure,” asserted Dino Mavrookas, co-founder and CEO of Saronic. “We are confronting this challenge with a fundamentally new model of American shipbuilding, one that integrates first-principles engineering, advanced...