Saronic Technologies is an Austin, Texas-based defense tech company founded in 2022 that builds autonomous surface vessels (ASVs) for the U.S. Navy and allied forces. Led by Navy SEAL veteran CEO Dino Mavrookas, the company has raised nearly $1 billion in private funding — including a $600 million Series C valuing it at ~$4 billion — from backers like Andreessen Horowitz, Lightspeed, and Point72. Its vertically integrated model develops hardware, software, and AI autonomy in-house, producing a fleet ranging from the 6-foot Spyglass drone to the 180-foot Marauder ship. In February 2026, the U.S. Navy awarded Saronic a $392 million production contract for its Corsair ASVs.