Sea Machines closed a new deal
Sea Machines Robotics is a Boston-based ship technology firm which leads in the development of autonomous systems for ocean-going vessels and workboats, the firm announced today that it has closed a new deal worth $15 million financings round with significant participation by Huntington Ingalls Industries (HII) which is known as America’s largest military shipbuilding company and a provider of professional services.
The strategic investment and associated partnership with HII will improve their speed of the deployment of self-piloting ship technologies in the rising market of unmanned naval boats, deck boats, ships, and any other forms of transport. The expansion of HII is on rapid growth in the field of autonomous and unmanned maritime systems industry.
“This reinforces Sea Machines’ position as the leading developer of autonomous navigation and wireless vessel control systems,” said Michael G. Johnson, CEO, Sea Machines. “Our ability to secure significant financing during a challenging economic environment is an indicator of investors’ confidence in our ability to reshape and retool the marine industries with modern-day, advanced technologies. And being selected as a ship technology partner by HII, a leader in every right, further affirms our course in product and market approach.”
Andy Green the president of this ship technology firm statted
Andy Green, executive vice president and president of technical solutions, HII statted that “This investment represents our commitment to advanced innovation and competencies across the unmanned systems market,”. “Sea Machines is making significant strides in the unmanned surface vessel (USV) industry. We want to invest in their growth and continue to form complementary partnerships across this key domain.”
Sea Machines’ autonomous systems serve the modern mariner. A Sea Machines system works under the command of a human operator and, by taking on the long duration and often repetitive control duties, it boosts the predictability and precision of operations while lowering the risk of fatigue-related incidents.
“We are entering a phase of growth and universal interest like what was witnessed in the self-driving automotive space starting five years ago, but the difference being that marine self-piloting systems are already operationally deployed. We expect to see broad adoption of autonomous ship technology on the water ahead of that on roads,” said Johnson.
Since launching its first product was launched in late 2018, Sea Machines has deployed systems on vessels serving a multitude of sectors. From large cargo vessels to U.S.-flag ATBs and data-collecting survey boats, oil-spill response craft, search-and-rescue (SAR), patrol, and crew transfer vessels. Sea Machines systems are now operating in four of the world’s eight geographical regions and this reach is enabled through a dealer-partner program with established marine electronics integrators.
About Sea Machines
Headquartered in the global tech hub of Boston and operating globally, Sea Machines is the leader in pioneering autonomous control and advanced perception systems for the marine industries. Founded in 2015, the company builds autonomous vessel software and systems, which increases the safety, efficiency, and performance of ships, workboats, and commercial vessels. Learn more about Sea Machines at www.sea-machines.com.