Texas-based Saronic Technologies announced Tuesday it raised $600 million in private funding to build an autonomous shipyard it’s calling Port Alpha.
The company plans to use the facility to grow its fleet of medium- and large-class autonomous surface vessels amid demand from the Pentagon for more drones of all kinds, including ships.
“It is going to be the most advanced shipyard in the world,” CEO Dino Mavrookas told reporters. “We’re going to build it right here in America. We’re going to build it from the ground up.”
Saronic hasn’t yet picked a site for Port Alpha, but the company is working with state governments throughout the U.S. to find the right fit. Texas and the Gulf Coast are among the regions the firm is closely exploring, according to Mavrookas.
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