Brunswick Corp News

Autonomous vessel technology developer Sea Machines Robotics announced Wednesday it has closed a new $15 million financing round with significant participation by America's largest military shipbuilder Huntington Ingalls Industries (HII).The Boston-based tech company said it expects the investment and associated partnership with HII will accelerate the deployment of self-piloting technologies for unmanned naval boats and ships as the defense shipbuilding and technology giant continues…

While there remains much debate as to what an autonomous future looks like in the maritime sector, one company, Sea Machines, is helping to pace the field with product development, partnerships and investment.Sea Machines Robotics announced today that it had closed a $10 million Series A investment led by Accomplice VC, with participation from several corporate titans including Toyota AI Ventures; Brunswick Corp., through investment partner TechNexus Venture Collaborative; Eniac Ventures…

ART Marine, an Abraaj Capital portfolio company and the Middle East's largest importer and distributor of luxury motor-yachts, announced the appointment of a highly experienced CEO from the United States to drive its expansion in the region as demand for pleasure craft begins to recover. Demonstrating the Gulf's continued ability to attract some of the world's most talented professionals, Constantinos Constantinou joins Dubai-based ART Marine from Cobalt Yachts in Tenn., where he served as President. Constantinou began his career in Cyprus with Cobra Marine Services.