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Artificial intelligence and robotics technology is coming to the sea next. But, why?
What’s happening:
- Boston, Massachusetts based shipbuilding startup Blue Water Autonomy has raised $14M USD in a seed funding round
- The financing round was led by Eclipse, Riot and Impatient Ventures
The big idea:
- Blue Water Autonomy is building fully autonomous ships for both military and commercial purposes
- The ships being developed by Blue Water Autonomy are aiming to require no captain, no crew and no chase boat of any kind through leveraging a combination of artificial intelligence technology and robotics
Why it matters:
- Blue Water Autonomy is focused on developing some of the world’s first autonomous ships that could be at sea for months at a time for both national security missions as well as for commercial shipping
Going deeper:
- Blue Water Autonomy was founded by talent from Amazon Robotics, iRobot (NASDAQ: IRBT) and the United States military
The intrigue:
- Building new technologies for the sea has been an emerging theme in both Silicon Valley and the public markets, with Canadian publicly traded company Kraken Robotics (TSXV: PNG) recently acquiring subsea LiDAR company 3D at Depth
