HavocAI, a Providence, R.I.-based company, has announced that it has secured $85 million in new capital to scale its autonomous marine platforms.
"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.
The company plans to use the funding to grow its autonomous fleet and enable military vessels in allied navies. The Atlas vessel, a 100-ft. multi-mission vessel, is the most capable of HavocAI's autonomous fleet.
According to Paul Lwin, "We've put two new boats in the water this year, and we're going to add two more before the year is over... Our swarming autonomy accomplishes priority missions today, not at an unknown point in the future. This technology is needed right now."
Author's summary: HavocAI raises $85M to expand autonomous marine systems.