Ultra-large autonomous underwater vehicles set to be built with $38 million new funding
What happened
A defense technology startup is set to transform undersea logistics with ultra-large autonomous underwater vehicles designed to transport critical payloads across contested maritime environments. Autonomous underwater vehicles manufacturing The company also highlighted that inexpensive drones and long-range missiles have made ships and aircraft easier to find and costlier to defend, leaving the military with few survivable ways to move payloads and materiel across contested waters.
Corridian, a New England-based defence technology startup, has emerged from stealth with a $38 million seed funding round to accelerate the development of its ultra-large Autonomous Underwater Vehicles (AUVs). The funding round was led by Point72 Ventures, with participation from Balerion Space Ventures, Harpoon Ventures, DCVC, Marlinspike, and several additional defence and deep-tech investors. Its initial capabilities focus on payload and effects delivery; intelligence, surveillance, and reconnaissance; and contested logistics.