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Founded Year

2022

Stage

Series B | Alive

Total Raised

$230M

Valuation

$0000 

Last Raised

$175M | 2 mos ago

About Saronic Technologies

Saronic Technologies manufactures surface equipment to serve the marine industry. It provides marine hardware, software, and related artificial intelligence solutions in an integrated platform that enables maritime security and autonomy. The company was founded in 2022 and is based in Austin, Texas.

Headquarters Location

510 East Saint Elmo Road Suite A-2

Austin, Texas, 78745,

United States

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ESPs containing Saronic Technologies

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Defense Tech

The tactical unmanned surface vehicle (USV) market, also referred to as the unmanned surface vessels (USVs) market, involves the development of vessels designed to perform a variety of naval and maritime military and security missions without a human crew onboard. These USVs use technologies such as artificial intelligence, machine learning, sophisticated sensors, communication systems, and naviga…

Saronic Technologies named as Outperformer among 14 other companies, including Saab, General Dynamics, and Northrop Grumman.

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Research containing Saronic Technologies

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Saronic Technologies in 1 CB Insights research brief, most recently on Aug 14, 2024.

Expert Collections containing Saronic Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Saronic Technologies is included in 3 Expert Collections, including Artificial Intelligence.

A

Artificial Intelligence

14,767 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

D

Defense Tech

1,268 items

Defense tech is a broad field that encompasses everything from weapons systems and equipment to geospatial intelligence and robotics. Company categorization is not mutually exclusive.

U

Unicorns- Billion Dollar Startups

1,244 items

Latest Saronic Technologies News

Ep 95: Navy SEAL & Saronic CEO Dino Mavrookas on the Race for Autonomous Ships and Naval Dominance What Happens to the Money Mar...

Sep 12, 2024

blog.joelonsdale.com Audio playback is not supported on your browser. Please upgrade. Ep 95: Navy SEAL & Saronic CEO Dino Mavrookas on the Race for Autonomous Ships and Naval Dominance Share this post Ep 95: Navy SEAL & Saronic CEO Dino Mavrookas on the Race for Autonomous Ships and Naval Dominance blog.joelonsdale.com The U.S. Navy dominated in World War II, not because we had the most advanced ships, but because our industrial capacity was unmatched. When we lost a ship in battle, we could instantly replace it with two or three new ones. Our enemies couldn't keep pace. But today, our shipbuilding is a shell of its former self. In 1943, we built over 18,000 ships. Last year, we built eight (and retired 12). China, on the other hand, is producing hundreds of ships and now boasts 250 times the U.S. shipbuilding capacity! How can the U.S. Navy maintain deterrence? One answer is autonomous surface vehicles (ASVs) and harnessing new possibilities in AI to field and simultaneously coordinate hundreds or thousands of unmanned vessels. That's why Dino Mavrookas and his team are building Saronic Technologies — the leading ASV manufacturer. Saronic is the only company engineering the hardware, software, and AI to create modular platforms that can be produced economically at scale. They currently offer three classes of vehicles that can be fitted with various sensors and weapons (including the possibility of torpedoes!). Dino believes the push into unmanned, attritable systems is our generation's space race. He served 11 years as a Navy SEAL with eight combat tours before working as a private equity technology investor. He partnered with 8VC through its Build program to launch Saronic in 2022, and it has quickly become one of the fastest-growing defense technology companies. Saronic recently closed a $175 million Series B, making it the newest defense unicorn. Its advisors include former admirals and other naval leaders, and did we mention it's being built right here in Austin, Texas! Subscribe Share this discussion Ep 95: Navy SEAL & Saronic CEO Dino Mavrookas on the Race for Autonomous Ships and Naval Dominance blog.joelonsdale.com

Saronic Technologies Frequently Asked Questions (FAQ)

  • When was Saronic Technologies founded?

    Saronic Technologies was founded in 2022.

  • Where is Saronic Technologies's headquarters?

    Saronic Technologies's headquarters is located at 510 East Saint Elmo Road, Austin.

  • What is Saronic Technologies's latest funding round?

    Saronic Technologies's latest funding round is Series B.

  • How much did Saronic Technologies raise?

    Saronic Technologies raised a total of $230M.

  • Who are the investors of Saronic Technologies?

    Investors of Saronic Technologies include 8VC, Andreessen Horowitz, Caffeinated Capital, NightDragon, Elad Gil and 10 more.

  • Who are Saronic Technologies's competitors?

    Competitors of Saronic Technologies include Maritime Robotics and 5 more.

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Compare Saronic Technologies to Competitors

S
Sealartec

Sealartec specializes in autonomous launch and recovery systems within the maritime industry. The company offers technology that enables fully autonomous deployment and recovery of both manned and unmanned surface vessels in various sea conditions. Sealartec's systems are designed to connect any boat to ship cranes and secure them onboard without human intervention. It was founded in 2018 and is based in Be'er Sheva, Israel.

V
Vikoma International

Vikoma International specializes in oil recovery and environmental protection solutions within the environmental safety industry. The company offers a comprehensive range of products including oil spill containment booms, skimmers, and storage solutions designed to manage and mitigate the effects of oil spills and chemical pollution. Vikoma also provides equipment for oily water treatment and a variety of environmental protection products such as flood barriers and harbour cleanup solutions. It is based in Isle of Wight, United Kingdom.

S
SeaHawk Robotics

SeaHawk Robotics is a company that focuses on the development and operation of multi-domain UAV-based ocean observation systems, operating within the technology and marine sectors. The company's main offerings include systems that enhance access, improve safety, and reduce the costs associated with ocean data collection. It was founded in 2020 and is based in Vancouver, British Columbia.

Saildrone Logo
Saildrone

Saildrone specializes in providing comprehensive data solutions for maritime security, ocean mapping, and ocean research. The company offers real-time intelligence and insights through its fleet of autonomous surface vehicles (USVs) that deliver high-resolution bathymetry data and scientific-grade mission data for various sectors. Saildrone's USVs are powered by renewable wind and solar power, ensuring minimal environmental impact while operating continuously in diverse maritime conditions. It was founded in 2011 and is based in Alameda, California.

M
Maritime Robotics

Maritime Robotics specializes in autonomous technology for the maritime industry. The company offers autonomous navigation systems and uncrewed surface vessels that enhance the safety, sustainability, and efficiency of maritime operations. Maritime Robotics' products are utilized across various applications, including marine mapping and surveying, oceanographic data collection, and maritime surveillance and inspection. Maritime Robotics was formerly known as Ocean Globe. It was founded in 2005 and is based in Trondheim, Norway.

S
Sagar Defense Engineering

Sagar Defence Engineering specializes in the development of Unmanned Marine Vehicles and autonomous navigation systems within the maritime sector. The company offers products that serve functions such as maritime surveillance, hydrographic surveying, and ocean data collection without the need for direct human operation. Sagar Defence Engineering primarily caters to commercial sectors like Oil & Gas, Inland waterways, Oceanography, Disaster Management, and scientific research, as well as defense sectors including the Indian Navy, Coast Guard, and Border Security forces. It was founded in 2015 and is based in Mumbai, India.

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