Saronic Technologies acquired Gulf Craft, a Louisiana-based shipbuilder, to boost its growth in autonomous shipbuilding and unveiled its largest autonomous surface vessel, the Marauder.
The acquisition gives Saronic a shipyard on the Gulf Coast to serve as the production hub for its MUSV fleet and establishes a foundation for its shipbuilding enterprise.
Saronic plans to invest over $2.5 billion to develop Port Alpha, a shipyard aiming to produce hundreds of uncrewed vessels annually and generate thousands of new jobs.
In February, Saronic raised $600 million, increasing its valuation to $4 billion, supporting its vision of expansion in autonomous shipbuilding.
Marauder, a 150-ft. MUSV designed by Saronic, offers a payload capacity of 40 metric tons and can travel up to 3,500 nautical miles autonomously.
Saronic's other ASVs include Spyglass, Cutlass, and Corsair, each with specific capabilities for various missions in contested waters and naval operations.
Gulf Craft, with over 60 years of experience, brings its shipbuilding expertise and workforce to enable Saronic to develop, iterate, and scale production of MUSVs.
Following the acquisition, Saronic plans to invest $250 million into the shipyard, upgrading facilities and expanding production capacity to deliver up to 50 unmanned ships annually.
The strategic expansion aligns with U.S. efforts to revitalize the shipbuilding industry, aiming to narrow the shipbuilding gap with China and create over 500 new jobs in Louisiana.
Saronic's investment in advanced production models, skilled workforce, and infrastructure signifies a significant step towards strengthening the U.S. shipbuilding industrial base.
The acquisition and advancements made by Saronic represent a substantial move towards autonomous shipbuilding and enhancing U.S. shipbuilding capabilities.