Germany's Helsing to Acquire Australian Underwater Drone Maker Blue Ocean

Reported about 19 hours ago

Germany's Helsing has announced its acquisition of Australian underwater drone manufacturer Blue Ocean as part of its strategy to enhance AI-driven autonomous marine systems. The deal, which combines Blue Ocean's manufacturing prowess with Helsing's AI capabilities, aims to accelerate the development of autonomous underwater drones for maritime security. Approval from regulatory authorities is expected within four months, amidst an increasing interest in naval technology sparked by increased government funding in the defense sector.

Source: YAHOO

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