USV producer Saronic to invest $300M into Louisiana shipyard
The new construction is expected to be completed by the end of 2026.
The new construction is expected to be completed by the end of 2026.
The vessels are the fifth and sixth autonomous drones the relatively new defense company has unveiled in recent years.
The announcement comes off a $600 million Series C funding round led by entrepreneur and angel investor Elad Gil.
The company plans to make "hundreds" of the new drone starting next year, which CEO Dino Mavrookas wants to be available once Navy contracting "catches up."
The funding round was led by venture capital firm Andreessen Horowitz.