Autonomous ship startup Saronic raises $1.75 billion in race to modernize U.S. military

Saronic's latest funding round more than doubles its valuation to $9.25 billion from the prior fundraising early last year.
Defense One

AI boat maker Saronic smashes $9 billion valuation

Robot shipbuilder Saronic raised nearly $2 billion to expand production and develop new vessels as the Navy seeks refined ...
The Robot Report

Saronic raises $1.75B to build autonomous ships at scale

Saronic plans to use the funding to scale production of its portfolio of autonomous surface vessels and AI-driven maritime ...
GovCon Wire

Maritime Autonomy Company Saronic Raises $1.75B in Series D Funding Round

Saronic raised $1.75 billion in Series D funding led by Kleiner Perkins to scale autonomous maritime platforms and expand shipbuilding capacity.
Marine Log

Autonomous vessel innovator Saronic Series D round raises $1.75BN

Austin, Texas-headquartered autonomous vessel pioneer Saronic Technologies today announced that it has closed a $1.75 billion ...

Drone ship builder Saronic valuation more than doubles to $9 billion after funding round

By Mike Stone WASHINGTON, March 31 (Reuters) - Saronic Technologies said on Tuesday it closed a $1.75 billion funding round, more than doubling the value of the autonomous shipbuilding startup to ...
New Orleans City Business

Saronic invests $300M to expand Franklin shipyard

Saronic investing $300M to expand its Franklin, Louisiana shipyard Project will create 1,500 direct jobs and boost total employment by 3,200 Expansion increases capacity for autonomous surface vessel ...
Marine Link

Saronic Expands its Louisiana Shipyard

Saronic has announced a $300 million investment to expand its Franklin, Louisiana shipyard. Supported by close partnerships with Louisiana Economic Development, St. Mary Parish, and other state and ...
Business Facilities

Saronic Technologies Invests $300M To Expand Louisiana Shipyard

The maritime economy in Louisiana continues to grow with a new $300 million investment by Saronic Technologies, Inc., an autonomous shipbuilder that is expanding its operations in the city of Franklin ...
WGNO

Franklin shipyard to expand with $300M investment, could create over 3,000 new jobs

FRANKLIN, La. (KLFY) — The new owners of the old Gulf Craft shipyard in Franklin will invest $300 million in expanding the facility, the company has announced. According to a news release from ...
katc

LED: Franklin shipyard expanding, creating 3,200 jobs in La.'s Bayou Region

FRANKLIN, La. — Saronic Technologies, Inc. is expanding operations in St. Mary Parish to increase production capacity at its autonomous surface vessels shipyard. The $300 million investment will ...
Jane's Information Group

Saronic unveils USD300 million expansion for Louisiana shipyard

Marauder ASVs under construction at Saronic's shipyard in Franklin, Louisiana. (Saronic Technologies) On 3 December, Saronic Technologies announced a USD300 million investment to expand its shipyard ...