Saronic builds unmanned boats for the Navy, which operates just 300 ships at $250 million each. The startup mirrors Anduril's playbook: taking Silicon Valley talent and AI to defense, potentially reaching $20 billion in value by disrupting an expensive, legacy industry.
Sam, do you know Saronic? They're building these unmanned surface vehicles for the ocean. God, this looks sick. Sam, just take a guess. How many ships are in the US Navy fleet? 500? Only 300. That's just like a very small number to me. And we have 67 submarines. That's it? Average cost of these is something like $250 million. In Silicon Valley, the smartest tech people, nobody was working on defense. Defense was taboo. Anduril comes out. What they did was they said, we're going to do this. We're going to use the Silicon Valley method and talent to do this. We're going to change the cost structures. And they've built now a $20 to $30 billion company. Doing this. And now it looks like Saronik is basically doing that in the ocean defense space. This combination of elite talent, robotics and AI and autonomy, and you pair it with this old industry. And I think you have a pretty unique window to build a very big company doing this.
