Founded by Dino Mavrookas (Navy SEAL veteran), Vibhu Sharma, Rob Lehman in Austin TX; autonomous surface vessels focus targeting US Navy small/medium USV gap

Series A $55M led by Caffeinated Capital; Cutlass + Spyglass USVs unveiled — fast-build, low-cost autonomous patrol surface vessels

Series B $175M led by a16z at $1B valuation; Corsair 24ft USV announced — modular ASW/strike payload-bay USV

Replicator Initiative awards: Spyglass + Cutlass selected for Indo-Pacific persistent maritime ISR — among first major Replicator contracts disclosed

Cyclone subsea vehicle reveal; expands beyond surface to multi-domain autonomous maritime

Marauder 50ft USV unveiled; multi-day endurance, anti-ship missile-capable medium USV class; competition with US Navy LUSV/MUSV programs

Announces Port Alpha shipyard plan in Louisiana; hyperscale autonomous-vessel manufacturing site; first defense-tech-native shipyard build

Acquires shipyard Gulf Craft assets in Patterson Louisiana for ~$300M; Port Alpha foundation; first defense-tech vertical-integration shipyard

Series C $600M led by General Catalyst at $4B valuation; one of largest defense-tech rounds of 2025; Port Alpha financing secured

Saronic produces 100th Cutlass USV; production rate hits 10/month; Indo-Pacific deployment with USN Task Force 59

USN long-range strike USV experiment: Marauder integrates with NSM anti-ship missile; tactical demo for Distributed Maritime Operations doctrine

Spyglass-2 unveiled with extended endurance and SATCOM relay payload; Replicator Tranche 2 candidate