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Saronic

PrivateFounded 2022🇺🇸Austin, Texas
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CEO

Dino Mavrookas

Data verified as of Aug 18, 2026

Summary

Saronic designs and mass-produces autonomous surface vessels for the US Navy and allied navies, and in 2026 became the first American company whose uncrewed boats both rescued aircrew and struck a target in combat. A Corsair recovered two downed US Army aviators off Oman on June 8, 2026, the first publicly reported personnel recovery by an unmanned surface vessel, and three Corsairs hit Iran's Bandar Abbas naval base on July 12, 2026 in the first combat use of USVs by American forces. Founded in 2022 by former Navy SEAL Dino Mavrookas, it closed a $1.75B Series D on March 31, 2026 at a $9.25B valuation, holds a $392M Navy production contract for the 24-foot Corsair awarded in December 2025, and builds a family of eight vessel classes from the six-foot Spyglass to the 180-foot Marauder on a single autonomy stack, Echelon. Its industrial bet is bigger than any one hull: a $300M expansion of the Franklin, Louisiana shipyard it bought from Gulf Craft, and a $3B-plus Port Alpha shipyard at Brownsville, Texas that is meant to open in 2028 and build vessels up to 850 feet.

Main Products

Corsair

Corsair

Active

The 24-foot autonomous surface vessel that carries Saronic's combat record. It hauls roughly 1,000 pounds of payload up to 1,000 nautical miles at about 40 mph, unmanned. Corsairs deployed to the Middle East with Task Force 59 in March 2026, recovered two downed Army aviators off Oman on June 8, and three struck Iran's Bandar Abbas naval base on July 12 in the first combat use of USVs by US forces.

In production in central Texas under a $392M Navy contract and operationally deployed with the US Navy.

Length24 ft
Payload~1,000 lb
Range1,000+ nautical miles
Production Contract$392M US Navy award, December 2025
Mirage

Mirage

In Development

A 52-foot (16-meter) dual-use autonomous surface vessel launched July 2, 2026, sitting between the Corsair and the Marauder and pitched at both defense and commercial customers. Saronic said in July 2026 it could build hundreds a year.

First hull on the water as of July 2026; no production contract disclosed yet.

Length52 ft (16 m)
First LaunchJuly 2, 2026
Marauder

Marauder

In Development

Saronic's Medium Unmanned Surface Vessel, designed from the keel up for autonomous operation and high-rate production: 180 feet, 25-plus knots, up to 5,400 nautical miles of range, and 150 metric tons of modular payload. First unveiled in April 2025 as a 150-foot design, the first hull was designed, built, and launched in under a year at Franklin, Louisiana, with three more under construction. It is one of seven designs in the at-sea testing phase of the Navy's MUSV Marketplace.

First hull built at Franklin, Louisiana and undergoing on-water trials at the Port of Gulfport, Mississippi since mid-July 2026 at 12 hours a day, seven days a week; in Navy MUSV Marketplace at-sea demonstrations running to October 2026.

Length180 ft
Speed25+ knots
RangeUp to 5,400 nautical miles
Payload150 metric tons, modular

Echelon

Active

The single command-and-control layer across everything Saronic builds. Operators plan, simulate, and execute missions for one vessel or a whole fleet from one interface, and the same autonomy stack runs on every class from the six-foot Spyglass to the 180-foot Marauder, which is what lets Saronic scale hull sizes without rebuilding the software each time.

Shipping across the deployed fleet as the common autonomy and fleet-management layer.

CoverageAll 8 vessel classes on one autonomy stack

What's Next

Pass Navy MUSV Marketplace at-sea testing with the Marauder

Saronic is one of seven companies advanced to the at-sea demonstration phase of the Navy's MUSV Marketplace, each paid $15 million, with demonstrations running to October 2026 and follow-on eligibility for designs that pass. This is the gate between Saronic being a small-boat manufacturer with one production contract and being a Navy shipbuilder, and it puts a four-year-old startup directly against established primes including HII.

October 2026

Break ground and open Port Alpha

Port Alpha at the Port of Brownsville is Saronic's $3 billion-plus bet on rebuilding American shipbuilding capacity: 835 acres to start with room toward 4,400, hulls up to 850 feet initially and potentially past 1,200 feet later, up to 10,000 direct jobs over a decade, backed by an $80 million Texas Enterprise Fund grant and a 95% Cameron County tax abatement conditioned on filling 35% of positions locally. Groundbreaking is set for 2026 and operations for 2028.

2028

Demonstrate a hypersonic missile launch from an unmanned surface vessel

Saronic and Castelion are integrating Castelion's hypersonic strike missile with a Saronic medium USV, with a demonstration launch from the vessel planned for 2027. If it works, it moves the USV category from surveillance, logistics, and one-way attack into long-range strike from an uncrewed hull.

2027

Scale Franklin and Austin output toward company production targets

Three more Marauder hulls are under construction at Franklin, Louisiana, where Saronic is spending $300 million on an expansion the state ties to thousands of jobs, while the Austin plant is rated by the company at 400-500 Corsairs a year with a new line aimed at 2,000. In July 2026 Saronic said it could eventually produce hundreds of Mirages and thousands of Corsairs a year. These are company projections an order of magnitude apart and none has been independently verified, so demonstrated delivery rates are the thing to watch rather than stated capacity.

2027

Turn allied partnerships into foreign orders

Saronic launched UK operations and expanded in Australia in 2026, promoted Matthew Tracey to VP of International, appointed retired Rear Admiral Lee Goddard as a strategic advisor in Australia, partnered with Lloyd's Register to get its vessels classed for the UK, Europe, and Australia, and signed an MOU with Taiwan's National Chung-Shan Institute of Science and Technology. None of that has yet converted into a disclosed foreign production contract.

2026-2027

Track Record

2 of 2 announced dates hit

Get the first Marauder hull on the water

Target 2026 · Resolved Jul 24, 2026

The first Marauder was designed, built, and launched in under a year from the April 2025 unveiling at Saronic's Franklin, Louisiana shipyard, then moved to the Port of Gulfport, Mississippi in mid-July 2026 for sustained on-water trials, with three additional hulls under construction. The delivered vessel came in at 180 feet, larger than the 150-foot design originally shown.

Hit

Select a site for the Port Alpha shipyard

Target 2026 · Resolved Jul 16, 2026

Saronic named the Port of Brownsville, Texas on July 16, 2026, committing to an initial 835-acre site in Cameron County with room to expand toward 4,400 acres, at an estimated cost above $3 billion. Texas contributed an $80 million Enterprise Fund grant and Cameron County approved a roughly two-decade 95% tax abatement tied to local hiring.

Hit

Recent News

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Operations & Revenue

StatusOperational

Producing Corsairs at a central Texas plant, building Marauder hulls at the Franklin, Louisiana shipyard bought from Gulf Craft in 2025 and now taking a $300 million expansion, trialing and commissioning them at a new 30,000-plus square foot site at the Port of Gulfport, Mississippi opened in August 2026, and preparing to break ground on the $3 billion-plus Port Alpha yard at Brownsville, Texas for 2028 operations. Corsairs are deployed operationally with the Navy's Task Force 59 in the Middle East, where they have performed both a first-of-its-kind personnel recovery and the first US combat strike by unmanned surface vessels. The Marauder is in the at-sea testing phase of the Navy's MUSV Marketplace, with demonstrations running to October 2026. International operations launched in the UK and Australia in 2026, alongside a Lloyd's Register classification partnership and an MOU with Taiwan's National Chung-Shan Institute of Science and Technology.

Revenue Streams

US Navy Vessel Production

The core business: production contracts for autonomous surface vessels, anchored by the $392 million Corsair award of December 2025 and extended by the MUSV Marketplace at-sea testing phase, which pays $15 million per selected company with follow-on eligibility for designs that pass.

Allied and International Sales

Saronic launched UK operations and expanded in Australia in 2026, appointing a VP of International and a retired Australian rear admiral as strategic advisor, and signed a Lloyd's Register partnership to get its vessels classed for the UK, Europe, and Australia. It has also signed an MOU with Taiwan's National Chung-Shan Institute of Science and Technology.

Commercial Maritime Autonomy

The Mirage class is explicitly dual-use, aimed at commercial maritime work as well as defense missions, and the Samsung Heavy Industries partnership extends Saronic's automation into commercial shipbuilding processes.

Key Metrics

Employees

1,300+ (company statement, March 2026)

Est. Annual Revenue

~$200M in 2025 per independent research firm Sacra, anchored by the $392M Navy Corsair production award; Saronic is private and does not disclose revenue. Sacra models roughly $480M at a full-capacity 600 boats a year across all lines at about 45% gross margins.

Valuation

$9.25B post-money (Series D, March 31, 2026)

Total Raised

~$2.6B across Series A through D

Headcount

1,300+ (March 2026), with Austin headquarters past 500,000 sq ft

Largest Navy Contract

$392M Corsair production award (December 2025), nearly $200M obligated up front

Vessel Family

8 classes on one autonomy stack, from the 6-foot Spyglass through Cutlass, Corsair, Mirage, and Cypher to the 180-foot Marauder

Combat Record

First personnel recovery by a USV (June 8, 2026, off Oman) and first combat use of USVs by US forces (July 12, 2026, Bandar Abbas)

Production Capacity

Austin plant rated by the company at 400-500 Corsairs a year with a new line targeted at 2,000; in July 2026 Saronic said it could build hundreds of Mirages and thousands of Corsairs annually. Both are company projections, not demonstrated rates

Sea Miles Demonstrated

100,000+ nautical miles across the fleet in real-world conditions (company figure)

Timeline

2026$1.75B Series D at a $9.25B valuation

Saronic closes a $1.75 billion Series D on March 31, 2026 at a $9.25 billion valuation, led by Kleiner Perkins with Advent International, Bessemer Venture Partners, DFJ Growth, and BAM Elevate joining, and 8VC, Caffeinated Capital, Andreessen Horowitz, Elad Gil, and Franklin Templeton following on. Headcount passes 1,300, the Austin headquarters grows past 500,000 square feet, and new hubs open in San Diego, Washington D.C., the UK, and Australia.

2026Navy selects seven MUSV designs, Saronic among them

On May 22, 2026 the Navy picks seven Medium Unmanned Surface Vessel designs to enter the prototype phase of its MUSV Marketplace, with Saronic's Marauder alongside entries from established shipbuilders including HII.

2026First personnel recovery by an unmanned surface vessel

On June 8, 2026, after an AH-64 Apache went down off Oman near the Strait of Hormuz, the Navy's Task Force 59 sent a Saronic Corsair to the crash site. The Corsair picked up both US Army aviators within about two hours and carried them to a point where a helicopter hoisted them clear; both were reported in stable condition. It is the first publicly reported personnel recovery by a USV.

2026Marauder enters on-water trials and the MUSV Marketplace

Saronic's first Marauder starts on-water trials at Franklin, Louisiana, designed, built, and launched in under a year, with three more hulls under construction. In June 2026 the Navy advances Saronic to the at-sea testing phase of the MUSV Marketplace, one of seven companies each receiving $15 million with follow-on eligibility for those that pass, with demonstrations running to October 2026.

2026First Mirage hits the water

Saronic launches its first Mirage on July 2, 2026, a 52-foot (16-meter) dual-use autonomous surface vessel that becomes the third flagship platform alongside Corsair and Marauder, aimed at both defense and commercial missions.

2026First US combat use of unmanned surface vessels

On July 12, 2026 three Saronic Corsairs struck Iran's Bandar Abbas naval base, the country's main facility overlooking the Strait of Hormuz, hitting a submarine and ship maintenance area. US Central Command described it as the first combat use of unmanned surface vessels by American forces, turning the Corsair from a surveillance and logistics platform into a one-way attack weapon in operational use.

2026Port Alpha sited at Brownsville, Texas

On July 16, 2026 Saronic names the Port of Brownsville as the home of Port Alpha, a shipyard it estimates at more than $3 billion, starting on 835 acres in Cameron County with room to expand toward 4,400. It is designed to build vessels up to 850 feet initially, comparable to a Wasp-class amphibious assault ship, and potentially beyond 1,200 feet later. Groundbreaking is set for 2026 and operations for 2028, with up to 10,000 direct jobs projected over a decade, an $80 million Texas Enterprise Fund grant, and a 95% county tax abatement tied to local hiring.

2026Samsung Heavy Industries partnership

On July 23, 2026, at the launch of the Korea-US Shipbuilding Partnership Center in Washington D.C., Saronic and Samsung Heavy Industries announce a partnership pairing Saronic's autonomy with Samsung's large-scale shipbuilding and production engineering, including robotics-based process automation across Saronic's Texas and Louisiana yards.

2026Gulfport, Mississippi test site opened for the Marauder

Announced August 9, 2026, Saronic takes a 30,000-plus square foot facility at the Port of Gulfport with port access, offices, and warehouse space, dedicated to end-of-line testing and on-water commissioning of the 180-foot Marauder before delivery. The first Marauder arrived mid-July and has logged hundreds of hours of trials at 12 hours a day, seven days a week. Additional hulls built at Franklin, Louisiana will transfer to Gulfport as production increases.

2025Gulf Craft acquired, Marauder unveiled

In April 2025 Saronic buys the Franklin, Louisiana shipyard Gulf Craft, a nearly 100-acre Gulf Coast yard, and unveils the Marauder, then described as a 150-foot autonomous surface vessel. It commits more than $250 million to upgrading the yard, later raised to $300 million, moving the company from small-boat manufacturing into real shipbuilding.

2025$392M Navy production contract for the Corsair

Announced at the Reagan National Defense Forum in early December 2025, the Navy awards Saronic a $392 million production contract for the 24-foot Corsair, with nearly $200 million obligated up front. Secretary of the Navy John Phelan framed it as a procurement benchmark: prototype to production in under 12 months.

2024$175M Series B makes Saronic a unicorn

An Andreessen Horowitz-led $175 million Series B closes July 19, 2024 at a $1 billion valuation, with 8VC, Caffeinated Capital, Elad Gil, and NightDragon participating. The money goes into in-house manufacturing capacity and higher production rates across the Spyglass and Cutlass lines.

2023$55M Series A to build autonomous ships for the Navy

Saronic raises a $55 million Series A in October 2023 to develop and manufacture autonomous surface vessels aimed squarely at the US Navy and aligned defense partners, starting with the small Spyglass and Cutlass classes.

2022Founded by a former Navy SEAL and a SEAL Team 6 core team

Dino Mavrookas founds Saronic in Austin, Texas after 11 years and eight combat tours as a Navy SEAL, an MBA at Wharton, and five years as a software investor at Vista Equity Partners. Co-founders Doug Lambert (COO), Rob Lehman (CCO), and Vibhav Altekar (CTO) join, several of them out of SEAL Team 6 and the Marine Corps. The company signs its first Navy contract within 90 days of launch.

Funding

Cumulative disclosed raise · dated rounds

$1B$2B$3B202420252026$2.6B raised
RoundDateAmountInvestorsSource
Series AOctober 2023$55MCaffeinated Capital, 8VC and others
Series BJuly 2024$175MAndreessen Horowitz (lead), 8VC, Caffeinated Capital, Elad Gil, NightDragon; $1B valuation
Series CFebruary 2025$600MElad Gil (lead), a16z, 8VC, General Catalyst and others; $4B valuation
Series DMarch 2026$1.75BKleiner Perkins (lead), Advent International, Bessemer Venture Partners, DFJ Growth, BAM Elevate, 8VC, Caffeinated Capital, Andreessen Horowitz, Elad Gil, Franklin Templeton; $9.25B valuation

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