Kraken, a startup developing autonomous ships, raised $175 million in funding. The company’s valuation reached $1 billion following this investment. The funding will support the advancement of its autonomous maritime technology. No specific details on investors or future plans were disclosed.
RAD secured £4.4 million in funding to advance the commercialization of its autonomous marine technology. The investment aims to support the development and deployment of uncrewed surface vessels. This funding will help accelerate the adoption of autonomous solutions in the maritime industry. The initiative focuses on enhancing efficiency and safety in marine operations.
Picus Security introduced an autonomous platform designed to validate security exposures in a single continuous process. The tool aims to streamline threat detection and response by automating exposure validation. The platform eliminates the need for manual intervention in identifying and addressing vulnerabilities. It was launched on July 7, 2026.