Blue Water Autonomy secured $50 million in Series A funding. GV led the round for the startup developing unmanned ships. This capital will further accelerate the creation of autonomous vessels, primarily for the U.S. Navy.
Eclipse Ventures, Riot, and Impatient Ventures, all existing investors, participated in the round.
Blue Water Autonomy now holds $64 million in total capital.
Advancing Naval Autonomy
The defensetech startup plans to launch a prototype next year, holding existing Navy R&D contracts. Blue Water Autonomy aims to build crewless ships, roughly half a football field long and weighing as much as 40-50 school buses. These unmanned ships will integrate commercial technology for rapid development.
The U.S. Navy faces challenges in adopting modern technology for its fleet. Therefore, a boom in defensetech has emerged, attracting significant venture capital. Blue Water Autonomy addresses this need by creating flexible, advanced autonomous solutions.
The company's mission includes developing capabilities like advanced mine-hunting. Furthermore, by 2027, the Navy intends to deploy unmanned vessels within its strike groups. Blue Water Autonomy operates in a competitive landscape, including defensetech players like Sarconic.
Rylan Hamilton, a third-generation Navy veteran, previously sold robotics startups 6 River Systems. His experience informs Blue Water Autonomy's approach to rapid innovation. Ultimately, the company seeks to redefine naval operations with cost-effective, unmanned ships.
