HavocAI Secures $85M Funding
HavocAI, a Providence, R.I.-based company, has announced that it has secured $85 million in new capital to scale its autonomous marine platforms.
The funding will be used to grow its autonomous fleet and enable military vessels in allied navies. The Atlas vessel is the most capable of HavocAI's autonomous fleet.
"This funding represents far more than just capital – it has enabled us to cut through the noise about maritime autonomy and build a collaborative autonomy stack that actually works in a very short time,"
"We’ve put two new boats in the water this year, and we’re going to add two more before the year is over, including our 100-ft. Atlas multi-mission vessel,"
According to Paul Lwin, co-founder and CEO of HavocAI, their swarming autonomy technology is needed now and accomplishes priority missions today.
Author's summary: HavocAI raises $85M to expand autonomous marine systems.
- Company: HavocAI
- Funding: $85 million
- Purpose: Scale autonomous marine platforms
The funding will help HavocAI to further develop its autonomous technology and increase its presence in the market.