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Saronic

Develops autonomous surface vessels for military

Corporate Development Manager

Full-Time
No salary listed
Senior
Austin, TX, USA
In Person
No H1B Sponsorship

About the job

Requirements
  • At least 5 years of experience in corporate development, investment banking, private equity, consulting, or a related field.
  • Strong financial modeling and valuation skills, including experience building complex financial models from scratch.
  • Significant experience with deal structures including mergers and acquisitions, carve-outs, equity investments, and joint ventures.
  • Ability to work independently and as part of a team, with strong attention to detail and fluent project management skills.
  • This role requires access to export-controlled information or items that require U.S. Person status.
Responsibilities
  • Lead and manage the full lifecycle of a mergers and acquisitions transaction, from initial opportunity identification and due diligence to deal negotiation, closing, and post-acquisition integration.
  • Conduct comprehensive industry and competitive analysis to identify potential acquisition targets, investment opportunities, and strategic partnerships.
  • Build detailed financial models and valuation analyses to support deal evaluations and recommendations.
  • Collaborate with internal cross-functional teams, including engineering, operations, finance, and legal, to ensure seamless execution.
  • Present transaction proposals and recommendations to senior management.
  • Develop and maintain strong relationships with investment banks, advisors, consultants, and other industry professionals.
Desired Qualifications
  • Excellent analytical, problem-solving, and written and verbal communication skills.

About the company

Autonomous Surface Vessels (ASVs) from Saronic Technologies support naval and maritime operations. The vessels use adaptive path planning, passive sensors, edge computing, and resilient multichannel communications to identify, track targets, and coordinate manned and unmanned vessels in contested waters. The ships run onboard algorithms and can be customized and integrated to fit specific missions and CONOPs. The goal is to improve situational awareness, extend operational reach, and increase survivability in maritime engagements.

Company Size

1,001-5,000

Company Stage

Series D

Total Funding

$2.6B

Headquarters

Austin, Texas

Founded

2022

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Simplify's Take

What believers are saying

  • Saronic closed $1.75 billion Series D at $9.25 billion valuation in 2026.
  • September 2026 Port Alpha groundbreaking with JD Vance validated political and defense support.
  • Samsung Heavy Industries partnership expands shipbuilding automation and credibility across 2026.

What critics are saying

  • Saronic's March 2026 Court of Federal Claims protest exposes contracting-strategy dependence.
  • Port Alpha needs billions, permits, and construction execution before 2028 revenue arrives.
  • A Navy repricing or cancellation would crush Saronic's customer concentration and valuation.

What makes Saronic unique

  • Saronic pairs autonomous vessel design, software, and shipbuilding capacity under one roof.
  • Port Alpha targets 150,000 annual gross tons, giving Saronic industrial scale competitors lack.
  • Navy awarded Saronic contracts for Corsair, Marauder, and LCU 1700 programs.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Parental Leave

401(k) Retirement Plan

Stock Options

Life Insurance

Disability Insurance

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↓ -3%

2 year growth

↑ 0%
Bloomberg
Sep 30th, 2026
Saronic breaks ground on America's largest shipyard to scale autonomous ship production

Saronic is constructing what it claims will be America's largest and most advanced shipyard. The defence tech company's Port Alpha facility in Brownsville, Texas, will serve as the hub for scaling production of autonomous ships. Co-founder and CEO Dino Mavrookas emphasised the importance of speed in shipbuilding as the company breaks ground on the project. The facility represents Saronic's strategy to rapidly expand manufacturing capabilities for its autonomous naval vessels. The company aims to leverage the new shipyard to meet growing demand for autonomous maritime defence technology.

CNBC
Sep 30th, 2026
Saronic wins US Navy contract for unmanned vessels, breaks ground on Texas shipyard

Saronic has secured a U.S. Navy contract to produce medium unmanned surface vessels. The defence technology company is breaking ground today on its Port Alpha shipyard in Brownsville, Texas. Vice President JD Vance and Texas Governor Greg Abbott are expected to attend the ceremony. The development marks a significant milestone for Saronic as it expands its manufacturing capabilities for autonomous naval vessels.

Yahoo Finance
Aug 6th, 2026
US Congresswoman invests up to $100K in drone firm with $392M Navy contract

Rep. Lisa McClain (R-Mich.) disclosed a $50,000 to $100,000 investment in Saronic Technologies, a privately held maritime drone and autonomous vessel company. The trade was made on 15 July 2026 by her spouse. Saronic was valued at $9.25 billion earlier this year following a $1.75 billion Series D funding round led by Kleiner Perkins. In December, the company secured a $392 million production contract from the US Navy for autonomous maritime vessels. The investment timing drew attention, occurring just before Saronic announced a new Texas shipyard on 16 July and a strategic partnership with Samsung Heavy Industries on 24 July. McClain chairs the House Republican Conference and is a close ally of President Donald Trump. This marks her third private company investment since late 2025.

Yahoo Finance
Jul 17th, 2026
JPMorgan commits $24M to Philadelphia shipbuilding, Saronic to build major Texas shipyard

JPMorganChase announced $24 million to strengthen Philadelphia's shipbuilding and maritime manufacturing industry, including $18 million in direct loans and investments and $6 million in grants. The funding will support expansion of a submarine manufacturing facility expected to create 450 permanent jobs and provide workforce training for thousands of local workers in roles like welding and electrical work. Separately, Saronic selected Brownsville, Texas, as the location for Port Alpha, its next-generation shipyard designed to expand US shipbuilding capacity. JPMorganChase CEO Jamie Dimon said the initiative aims to train workers for urgent shipbuilding needs and strengthen supply chains. The funding combines the bank's American Dream Initiative with its Security and Resiliency Initiative, a $1.5 trillion, 10-year plan for industries critical to US economic and national security.

PR Newswire
Jul 16th, 2026
Saronic to invest $3B in Port Alpha shipyard in Texas, creating 10,000 jobs

Saronic has selected Brownsville, Texas as the location for Port Alpha, its next-generation shipyard designed to restore American maritime strength. The Austin-based company plans to invest more than $3 billion in the facility. The project is expected to generate more than $160 billion in regional economic impact for Cameron County and $264.5 billion for Texas, whilst creating up to 10,000 direct jobs. This makes Port Alpha one of the largest economic development projects in modern Texas history. Construction is anticipated to begin in 2026, with Port Alpha expected to open for operations in 2028. The facility will initially sit on 835 acres at the Port of Brownsville, with potential expansion to nearly 4,400 acres. Port Alpha will be capable of producing vessels up to 850 feet long, with future expansion potentially supporting vessels over 1,200 feet.