Company profile: Saronic
1.1 - Company Overview
Company description
- Provider of unmanned surface vehicles integrating hardware, software, and AI into a scalable, fully integrated platform for maritime security and domain awareness. Products include Spyglass (6' autonomous vessel with advanced sensors and a configurable payload bay for effect delivery in contested waters), Cutlass (14' for long-distance missions with increased payload capacity, deploying munitions and enhancing communication networks), and Corsair (upcoming).
Products and services
- Cutlass: An industrial-grade 14’ autonomous surface vessel engineered for long-distance missions with increased payload capacity, supporting munitions deployment and communication network enhancement in maritime operations
- Spyglass: A modular 6’ autonomous surface vessel with advanced sensors and a configurable payload bay for domain awareness and effect delivery in contested waters
- Corsair: An upcoming autonomous surface vessel, custom-engineered to fulfill urgent operational requirements in maritime unmanned systems by integrating advanced hardware, software, and AI into a scalable, fully integrated platform
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Saronic
Marine Press
HQ: Canada
Website
- Description: Provider of e-Navigation solutions to the marine industry, pioneering digitalization. With beginnings in 1992 as a supplier of paper products, the company introduced Digitrace in 1996, the world's first digital paper correction platform, and has built an international reputation for exceptional customer service.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Boatshop24
HQ: United Kingdom
Website
- Description: Provider of an online marketplace for finding, buying, and selling new and used boats, offering listings for motorboats, sailing boats, inflatable boats, jet skis, equipment, and marine services. Connects boat and yacht buyers with sellers and enables advertising of their products across various platforms.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Octopi
HQ: United States
Website
- Description: Provider of a modern, lightweight cloud-based terminal operating system (TOS) developed exclusively for small container and mixed cargo terminals.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Corvus Energy
HQ: Norway
Website
- Description: Provider of lithium-ion energy storage systems for maritime, offshore, subsea, and port applications, delivering modular ESS solutions such as Orca, Dolphin, Moray, and Blue Whale for vessels and subsea use. Offers cloud-based real-time monitoring and optimization via the Corvus Vessel Information Portal and is developing maritime-certified hydrogen fuel cell systems with Toyota to extend zero-emission vessel range.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Corvus Energy company profile →
Raymarine
HQ: United Kingdom
Website
- Description: Provider of marine electronics for recreational boating and light commercial markets, including fishing electronics (chartplotters and sonar), Evolution autopilot control heads and the 9-axis EV Sensor Core, EmpirBus digital switching, LightHouse apps for LightHouse OS multifunction displays, and Teledyne FLIR marine thermal cameras.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Raymarine company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Saronic
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Saronic
2.2 - Growth funds investing in similar companies to Saronic
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4 - Top valuation comps for Saronic
4.2 - Public trading comparable groups for Saronic
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