Autonomous Vessel Company Buys Metal Shark
The Miami-based autonomy startup Magnet Defense has acquired longtime aluminum-hull patrol boat builder Metal Shark, maker of a wide range of high-speed boat classes for domestic and overseas government customers. In a statement, Magnet said that it intends to use Metal Shark's advanced fabrication capabilities to create "a leading supplier of AI-enabled unmanned surface vessels." The target customer, according to Magnet Defense, is the U.S. Navy and its new "golden fleet" project. An accompanying illustration released by the firm shows...
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