AI-backed Ship Construction Company Blue Water Autonomy Secures $50 Million in Funding
Blue Water Autonomy, a company specializing in autonomous naval vessels, is set to make a significant leap in maritime technology with the delivery of its first long-range, full-sized autonomous ship scheduled for 2026. The vessel, designed to operate on the blue water for months at a time, is intended for the U.S. Navy.
The company's focus initially lies in handling traditional naval assets, with the aim of automating monotonous or dangerous at-sea jobs. Blue Water Autonomy's solution incorporates hardware, software, and AI, making it highly producible and affordable.
Successful engineering tests have been conducted on the water, demonstrating the feasibility of the technology. The team at Blue Water Autonomy has grown significantly since its seed round, quadrupling in size since April. This growth has been supported by a total funding of $64 million, with the Series A round led by GV (formerly Google Ventures). GV Managing Partner Dave Munichiello has joined the company's Board of Directors.
The autonomous vessel designed by Blue Water Autonomy is capable of delivering varied payloads, making it a versatile addition to any naval fleet. The vessel, approximately 60 yards in length, is designed to be highly producible and affordable, setting it apart in the market.
Blue Water Autonomy envisions its solution eventually competing in commercial maritime markets, offering a wide range of possibilities for the future of autonomous shipping. However, no specific information about the deployment of the autonomous vessel has been revealed at this time.
The company's journey towards autonomous naval vessels began with a focus on handling traditional naval assets and automating monotonous or dangerous at-sea jobs. With successful engineering tests, a significant team growth, and substantial funding, Blue Water Autonomy is well on its way to revolutionizing the maritime industry.
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