# Saronic Technologies Austin-based defense tech startup building autonomous naval surface vessels. One of the fastest-growing defense startups — went from founding to $4B valuation in roughly 3 years. ## Key Facts - **Valuation:** $4B after $600M Series C (Feb 2025), led by Elad Gil with General Catalyst, a16z, Caffeinated Capital, 8VC. - **Total raised:** $830M across 4 rounds. - **$392M [[United States Navy]] contract** for Corsair autonomous surface vessels (2026). The Navy moved Corsair from prototype to production in under a year. - **$300M shipyard expansion** in Franklin, Louisiana — 300K+ sq ft of new production space. Completion expected end of 2026. ## Products - **Corsair** — Autonomous surface vessel for Navy operations. Production contract awarded at Reagan National Defence Forum. - Designed for maritime surveillance, mine countermeasures, and surface warfare. ## Significance Saronic represents the defense tech wave reaching naval warfare. While [[Anduril]] dominates air/land autonomous systems and [[Shield AI]] focuses on drone AI, Saronic is building the autonomous Navy — and doing it at Silicon Valley speed. The Navy's willingness to award a near-$400M production contract to a startup just a few years old signals how far defense procurement has shifted. ## See Also - [[Dino Mavrookas]] - [[Anduril]] - [[Shield AI]] - [[Andreessen Horowitz]] - [[American Dynamism]] - [[Saildrone]] - [[Defense Tech as Asset Class]]