Maritime defense technology provider Saronic announced today it has closed a nearly $600 million private capital funding round, valuing the company at $4 billion and positioning it to build “a next-generation shipyard” to deliver “new classes of unmanned ships” at speed and scale. Port Alpha, the planned shipyard, is set to “enable the expansion of Saronic’s Autonomous Surface Vessel (ASV) fleet into medium- and large-class autonomous ships for defense applications,” according to the company. The news comes less than a...
