Saronic Raises $55M in Series A Funding
Summary
Saronic, an Austin, TX-based maritime autonomy company focused on surface vessels, raised $55M in Series a funding. The company intends to use the funds to accelerate research and development while expanding in-house manufacturing capacity for rapid production. Led by CEO Dino Mavrookas, Saronic is a defense company with a dynamic blend of innovators, seasoned warfighters, and engineers and technologists from various fields, all dedicated to bringing autonomy to American and allied navies. The company is currently developing Spyglass, a 6-foot vessel, and Cutlass, a 13-foot vessel, each outfitted with remotely updatable software and capable of carrying diverse payloads in communication-denied and GPS-denied environments. These systems enable real-time, collaborative, and autonomous mission-level decision-making, and are designed to navigate the challenges of maritime environments.