Saronic Invests $300M to Expand Louisiana Shipyard to Accelerate ASVs
A U.S. defense tech startup specializing in autonomous ships is pushing to enhance its competitiveness in the fast-growing market with a $300 million investment to expand its production facility. Texas-based Saronic Technologies wants to deliver autonomous ships at speed and scale with the massive investment to expand its Franklin, Louisiana, shipyard. The firm, which began operations in April this year with the ambitions of redefining the building of unmanned surface vehicles, reports that the expanded facility will enable it...
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