Seasats, a provider of small uncrewed surface vehicles (sUSVs), announced the close of a $20 million Series A financing. To date, the company has raised more than $40 million in funding and has recently been awarded more than $100 million in U.S. government contracts.
Seasats' long-endurance vessel has successfully completed trans-Pacific and trans-Atlantic crossings, and the company's interceptor has conducted continuous operations of over a week, underscoring each platform's reliability, endurance, and readiness for operational use. The new funding will enable Seasats to expand production and respond to growth in market demand.
"Robotics typically deliver value by automating tasks across one or more of the three D's: dirty, dull, and dangerous," said Mike Flanigan, CEO and co-founder of Seasats, in a statement. "We've focused on attacking the 'dull' problem, making vessels that can reliably operate for weeks or months, just like Navy and utility ships do. That approach has won tremendous support from users and investors, and this funding underscores that."
In the past year, Seasats secured U.S. Marine Corps and U.S. Navy contracts. The company was also selected for the Department of War's Accelerate the Procurement and Fielding of Innovative Technologies (APFIT) program, which funds innovative capabilities that have completed development and are ready to scale. Funds from the Series A will support expansion of new facilities, additional product lines, and continued team growth as the company capitalizes on increasing demand for low-cost, scalable maritime autonomy.
