Latest news with #BlueWaterAutonomy
Time Business News
a day ago
- Business
- Time Business News
Cutting-Edge Innovations Driving the Autonomous Ships Market
Ships categorized as autonomous ships employ new technologies, including artificial intelligence (AI), sensors, and GPS with little to no human interaction. The autonomous ships market is experiencing rapid growth, primarily due to new AI technologies, improvements to machine learning, and sensors that provide a safer and more efficient navigation with minimal human involvement. Such technologies eliminate or significantly decrease fuel use, emissions, while also lowering labor costs, and increasing cargo capacity. As well, government and private partnerships, along with increased defense applications are adding fuel to the market's growth. Key Growth Drivers and Opportunities Integration of Advanced Sensors and Communication Systems: Advanced sensors and communication system sensors such as radar, LiDAR, GPS, and 5G- enable accurate navigation, hazard detection, and real-time communication ship to shore. These systems enable remote control of the vessel, reduce human errors, and enhance safety, making autonomous vessels tingle with more potential for commercial and defence applications. Challenges The autonomous ships industry faces limits of action associated with development and implementation costs, regulations and regulatory uncertainty, cybersecurity and the absence of global standards and legal frameworks for autonomous operations hampering the adoption of 'autonomy'. Achieving reliable performance in a variety of complex maritime environments, total cyber security, the use of fully autonomous merchant vessels as mass vessels, is a key technical goal. Furthermore, there are social concerns regarding isolation from job loss, and uncertainty about a reliable communications infrastructure holding market development back. Innovation and Expansion Zero USV, launched World's First Fully Autonomous Uncrewed Surface Vessels In March 2025, Zero USV, launched World's First Fully Autonomous Uncrewed Surface Vessels at Manor Marine in Portland, Dorset, U.K., bringing the British business Zero USV one step closer to providing what it calls 'the world's first' charter fleet of totally autonomous uncrewed surface vehicles. From Zero USV's home port of Plymouth, the fully furnished ship is now prepared for commissioning and integration testing. The first Oceanus12's launch, according to the business, is the result of over 18 months of design, engineering, and construction work by the Zero USV team. Blue Water Autonomy Enters a New Era of Autonomous Shipping by Breaking Stealth Mode In April 2025, Blue Water Autonomy, Inc., a technology startup developing autonomous ships for the U.S. Navy, came out of stealth and revealed USD 14 million in early investment from Impatient Ventures, Eclipse, and Riot. The business is developing a highly producible, fully autonomous ship that can perform a variety of open-ocean operations. Blue Water Autonomy was established in 2024 by executives who had previously worked with Amazon Robotics, iRobot, and the US Navy. In less than a year, the company has created a full-stack autonomy suite, started salt-water testing, and created concept ship designs. South Korea Releases a 2025 Roadmap to Advance the Technology of Autonomous Marine Vehicles In April 2025, South Korea will develop a long-term plan to commercialize autonomous marine vehicle technology with the goal of advancing the maritime sector. According to the Ministry of Oceans and Fisheries, the plan consists of a 10-year roadmap that focuses on creating technologies for autonomous boats, transforming the marine shipping sector to accommodate these technologies, hiring specialist personnel, and updating pertinent domestic regulations. Inventive Sparks, Expanding Markets In an autonomous ships market, company players such as rolls-royce, Wärtsilä, ABB, L3Harris, and Mitsui E&S, are addressing sustainable development, regulatory compliance, partnerships/synergies, and technology development. AI, data and sensors needs to develop in terms of navigation, safety and efficiencies. Larger companies need partnerships with IT companies, shipbuilders, and maritime authorities to market development by accelerating the market adoption of solutions and jointly growing solutions to the best effective way. About Author: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. TIME BUSINESS NEWS
Yahoo
13-04-2025
- Business
- Yahoo
Blue Water Autonomy comes out of stealth promising autonomous naval ships
A new shipbuilding startup called Blue Water Autonomy has emerged from stealth with the promise of developing captain-less naval ships. The Boston, Massachusetts-based company has raised a $14 million seed round from Eclipse, Riot, and Impatient Ventures. The startup was founded in 2024 by former members of the U.S. Navy, leaders of Amazon Robotics, and iRobot. Blue Water Autonomy joins an ever-growing list of startups that are taking advantage of a splurge in defense investment. Defense tech funding set a new record in 2024, led by Anduril's $1.5 billion Series F round and Saronic -- another autonomous maritime startup that notched a $175 million Series B. The startup says it has developed a full-stack autonomy suite and concept ship designs in "under a year." It's already salt-water testing a 100-ton autonomous test vessel just outside of Boston, a spokesperson for the company told TechCrunch. The seed funding will help Blue Water Autonomy expand its engineering team and accelerate testing, according to a release. "No other company is tackling this problem at the ship level like Blue Water," Seth Winterroth, a partner at Eclipse, said in a statement. "The team is a rare combination of roboticists and Navy veterans that positions them to be a critical partner to the Navy, the entire Department of Defense, and will have a major impact on the maritime industry."
Yahoo
13-04-2025
- Business
- Yahoo
Blue Water Autonomy comes out of stealth promising autonomous naval ships
A new shipbuilding startup called Blue Water Autonomy has emerged from stealth with the promise of developing captain-less naval ships. The Boston, Massachusetts-based company has raised a $14 million seed round from Eclipse, Riot, and Impatient Ventures. The startup was founded in 2024 by former members of the U.S. Navy, leaders of Amazon Robotics, and iRobot. Blue Water Autonomy joins an ever-growing list of startups that are taking advantage of a splurge in defense investment. Defense tech funding set a new record in 2024, led by Anduril's $1.5 billion Series F round and Saronic -- another autonomous maritime startup that notched a $175 million Series B. The startup says it has developed a full-stack autonomy suite and concept ship designs in "under a year." It's already salt-water testing a 100-ton autonomous test vessel just outside of Boston, a spokesperson for the company told TechCrunch. The seed funding will help Blue Water Autonomy expand its engineering team and accelerate testing, according to a release. "No other company is tackling this problem at the ship level like Blue Water," Seth Winterroth, a partner at Eclipse, said in a statement. "The team is a rare combination of roboticists and Navy veterans that positions them to be a critical partner to the Navy, the entire Department of Defense, and will have a major impact on the maritime industry." Sign in to access your portfolio
Bloomberg
11-04-2025
- Automotive
- Bloomberg
Navy Veterans' New Startup Is Building Captainless Ships
Blue Water Autonomy, a startup that's less than a year old, is preparing to build a hulking, 100-foot ship. Co-founded by Navy veterans and former tech executives, the company has designed the vessel to travel thousands of miles for months at a time over the open ocean — without a captain or crew. Boston-based Blue Water has about 10 employees and $14 million in new funding. Its goal of building an autonomous ship that can carry 100 tons — about 50 cars — represents the outsized seafaring ambition of a group of startups working to release thousands of uncrewed vessels into and under the water.
