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 systems.
The funding will be used to grow its autonomous fleet and enable military vessels in allied navies. The company's Atlas vessel has the most capabilities of its 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," stated Paul Lwin, co-founder and CEO of HavocAI.
According to Lwin, the company has already put two new boats in the water this year and plans to add two more before the year is over, including its 100-ft. Atlas multi-mission vessel. The company's swarming autonomy technology is designed to accomplish priority missions today, rather than at some point in the future.
HavocAI's CEO emphasizes that this technology is needed now, highlighting the importance of the company's work in autonomous marine systems.
Author's summary: HavocAI secures $85M funding to scale autonomous marine systems.
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