Quadrupling its valuation to $4bn from its last round 7/2024. Plans to build a shipyard ('Port Alpha') for 24ft autonomous surface vessels (ASVs), and in future

Quadrupling its valuation to $4bn from its last round 7/2024. Plans to build a shipyard ('Port Alpha') for 24ft autonomous surface vessels (ASVs), and in future large unmanned ships. Defense tech is the new hot sector in Silicon Valley, buoyed by similar monster rounds at Anduril and possibly Shield AI next.