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🚢 Saronic Raises $600M to Build the "Shipyard of the Future"!
Autonomous warships are no longer science fiction. Saronic, an Austin-based defense startup, just secured a $600M Series C to build "Port Alpha" – a cutting-edge factory for mass-producing autonomous surface vessels (ASVs) and large unmanned ships. This funding quadruples Saronic’s valuation to $4B, making it one of the most valuable defense tech startups in the U.S.
Saronic is still scouting for a location for Port Alpha, but CEO Dino Mavrookas says operations are set to begin within five years.
With $850M raised to date, Saronic is moving fast – and so is the defense tech industry. Expect more big funding rounds and high-tech military innovations to come! 🚀