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Synopsis
Elad Gil, a US-based entrepreneur and investor, led a $600m Series C round in Saronic, a Saronic Technologies is a US-based defense technology company, with participation from General Catalyst, a16z, Caffeinated Capital, and 8VC. "A core principle of Saronic is that we design our vessels for autonomy from the keel up. We will take the same approach with Port Alpha, designing a shipyard from the ground up to produce at a speed and scale not seen since World War II. Port Alpha will reflect the apex of America's shipbuilding past - generating new opportunities for the country's shipbuilding workforce, forging public-private partnerships to accelerate growth, and bringing innovation and ingenuity to an essential industry. We will bring these elements together with a single goal: to rapidly build a fleet of autonomous vessels in America that redefines maritime superiority and guarantees freedom of the seas for generations to come," Dino Mavrookas, Saronic CEO and Co-Founder.
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