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Anduril Acquires Dive Technologies for Subsea Robotics Systems

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February 4, 2022

Defense technology company Anduril Industries has acquired Boston-based Dive Technologies, which develops and manufactures subsea robotics. The acquisition was announced by Tanis Venture Management, Mill Town Capital, and Virginia Tech Carilion Innovation Fund & Seed Fund, which had invested in the company.

Dive’s autonomous underwater vehicles (AUVs) prioritize payload flexibility, low-cost operations and long endurance, coupled with advanced autonomy technologies. The AUVs are designed for littoral and deep-water survey and inspection needs, enabling access to the world’s oceans. The AUVs also allow for rapid configuration changes and scaling to meet mission-specific needs, resulting in a platform that is applicable for several defense and commercial use cases.

“We were fortunate to have strong investor support throughout the inception and growth of Dive Technologies,” said Sam Russo, co-founder and COO/CSO of Dive. “To go from having a novel idea to being a category pioneer in autonomous underwater vehicles in just three short years takes a very special team and support from a network of experts. From helping us build the infrastructure of a rapidly saleable company to forging a technical relationship with Virginia Tech, our investors were in the trenches with us and helped to make Dive a success. We look forward to further bolstering our ambitious maritime vision with Anduril Industries.”

The company had partnered with Virginia Tech’s Center for Marine Autonomy and Robotics, led by Dan Stillwell, to develop several components of the AUV fleet. “Our investment in Dive exemplifies VTC Ventures’ strategy of leveraging the Virginia Tech and Carilion Clinic ecosystems to develop partnerships with cutting-edge, fast-growing businesses that seek to disrupt large markets and solve critical challenges,” said James Ramey, managing director and fund manager at VTC Ventures.

For more details on Dive Technologies and its offerings, visit its website here


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