Saildrone Inc. secured a $60 million investment to expand its maritime technology to Europe for maritime security and defense applications.
The investment was led by EIFO of Denmark along with existing investors and new participants like Pinegrove.
Saildrone plans to establish its European headquarters in Copenhagen, Denmark, and work with the Danish Armed Forces to provide maritime intelligence services to multiple NATO countries.
Their uncrewed surface vehicles (USVs) equipped with advanced sensors and AI algorithms aim to enhance maritime surveillance in the Baltic, North Sea, and European Arctic waters.