Finance News

Huntington Ingalls Industries Invests in Sea Machines Robotics

Huntington Ingalls Industries’ (NYSE:HII) Technical Solutions division announced that it has completed a strategic equity investment in Sea Machines Robotics, Inc., a Boston-based autonomous technology company that specializes in advanced software for unmanned surface vessels (USVs).

“This investment represents our commitment to advanced innovation and competencies across the unmanned systems market,” said Andy Green HII executive vice president and president of Technical Solutions. “Sea Machines is making significant strides in the USV industry. We want to invest in their growth and continue to form complementary partnerships across this key domain.”

Sea Machines was founded in 2015 and is an autonomous technology company that specializes in advanced control technology for workboats and other commercial surface vessels. They have installed their innovative autonomy software on vessels worldwide and support customers in the commercial, recreational and government market sectors. Their commercial, off-the-shelf technology can support remote controlled or fully autonomous command of vessels.

“Our partnership with Sea Machines gives us immediate access to state-of-the art solutions for U.S government work in the USV space,” said Duane Fotheringham, president of Technical Solutions’ Unmanned Systems. “Sea Machines’ products align well with our existing autonomy capabilities, and we look forward to collaborating with their team on USV pursuits.”

HII continues to expand in the rapidly growing autonomous and unmanned maritime systems industry. Earlier this year they added additional unmanned underwater vehicle capabilities — with REMUS and Seaglider product lines through the March acquisition of Hydroid. While the company has worked on USVs in the past, this investment represents another milestone in their commitment to strengthen their leadership in unmanned systems.

Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, click here.

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
7897 SW Jack James Dr. Suite A
Stuart, FL 34997

Phone: +1 772.221.7720