Boston Engineering News

UUV Market to Reach $7.64bln

The global unmanned underwater vehicles (UUV) market was around USD 2.92 billion in 2018 and is expected to reach approximately USD 7.64 billion by 2025, at a CAGR of slightly above 14.91% between 2018 and 2025.The global unmanned underwater vehicles market is growing, owing to its rising applications in the defense and military sector, scientific research applications, and commercial purposes, said a report from Zion Market Research.Unmanned underwater vehicles (UUV), also referred to as underwater drones, are vehicles that can operate underwater without any kind of human interference.The rising demand for these vehicles in navel applications for safety and security purposes is another major factor driving the unmanned underwater vehicles market growth.

US Navy Tests Unmanned Underwater Vehicle

The U.S. Navy completed tests on the GhostSwimmer unmanned underwater vehicle (UUV) at Joint Expeditionary Base Little Creek-Fort Story (JEBLC-FS), Dec. 11. GhostSwimmer is the latest in a series of science-fiction-turned-reality projects developed by the chief of naval operations' Rapid Innovation Cell (CRIC) project, Silent NEMO, an experiment that explores the possible uses for biomimetic, unmanned underwater vehicles in the fleet. Over the past several weeks, Boston Engineering's tuna-sized device has been gathering data at JEBLC-FS on tides…