Full-Time
Corporate Development Analyst
Confirmed live in the last 24 hours
Saronic
201-500 employees
Develops advanced autonomous surface vessels
No salary listed
Junior, Mid
Austin, TX, USA
- 2+ 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.
- Experience with a variety of deal structures, including M&A, carve-outs, equity investments, and joint ventures.
- Excellent analytical, problem-solving, and communication skills (both written and verbal).
- Ability to work independently and as part of a team, with strong attention to detail and fluent project management skills.
- Contribute across the full lifecycle of an M&A transaction, including deal sourcing, due diligence, closing, and post-acquisition integration.
- Build and maintain detailed financial models and valuation analyses to support deal evaluations and recommendations.
- Conduct comprehensive industry and competitive analysis to identify potential acquisition targets, investment opportunities, and strategic partnerships.
- 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.
Saronic Technologies develops Autonomous Surface Vessels (ASVs) that enhance the capabilities of naval and maritime forces. These vessels use adaptive path planning and passive sensors, along with advanced algorithms and edge computing, to effectively identify and track targets. They are designed to operate in challenging environments, utilizing resilient multichannel communications to support both manned and unmanned operations. Saronic Technologies focuses on military and defense clients, aiming to improve situational awareness, extend operational reach, and increase survivability during maritime missions. Unlike competitors, Saronic's ASVs can integrate with existing operational strategies or support new maritime tactics. The company's goal is to provide effective solutions that meet specific mission requirements through the sale of ASVs and related customization services.
Company Size
201-500
Company Stage
Series C
Total Funding
$807.4M
Headquarters
Austin, Texas
Founded
2022
Simplify's Take
What believers are saying
- Saronic raised $600M in Series C funding, boosting its valuation to $4 billion.
- The development of 'Port Alpha' will enhance U.S. shipbuilding infrastructure for autonomous vessels.
- Growing interest in manned-unmanned teaming supports Saronic's integration with existing naval fleets.
What critics are saying
- Competition from defense giants like Lockheed Martin may threaten Saronic's market share.
- Rapid AI advancements may require costly updates to maintain Saronic's competitive edge.
- Regulatory hurdles could delay Port Alpha's development, impacting production timelines.
What makes Saronic unique
- Saronic integrates hardware, software, and AI into a scalable maritime defense platform.
- Their ASVs feature adaptive path planning and advanced edge computing for target tracking.
- Saronic's multichannel communications enable seamless manned-unmanned teaming in contested environments.
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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
6 month growth
↑ 3%1 year growth
↑ 0%2 year growth
↓ -4%Saronic, a US defense startup, secured a $600 million Series C investment, raising its valuation to $4 billion, a fourfold increase. Led by investor Elad Gil, the round included General Catalyst, Andreessen Horowitz, 8VC, and Caffeinated Capital. Saronic plans to use the funds to build the 'Port Alpha' autonomous ship production facility. The company has developed three 24-foot autonomous vessels and aims to construct larger unmanned ships. Saronic's total funding now stands at $850 million.
Saronic Technologies, based in Austin, TX, raised $600 million in Series C funding at a $4 million valuation. The round was led by Elad Gil, with participation from General Catalyst, a16z, Caffeinated Capital, and 8VC. The funds will be used to build Port Alpha, enhance U.S. shipbuilding infrastructure, and establish public-private partnerships. Port Alpha will expand Saronic's Autonomous Surface Vessel fleet for defense applications.
AUSTIN, Texas, Feb. 18, 2025 /PRNewswire/ -- Saronic Technologies today announced it has closed $600 million of funding for its Series C round to advance its mission of redefining maritime superiority for the United States and its allies. The round was led by Elad Gil and values the company at $4 billion.
Saronic Technologies has raised $600 million to build a modern shipyard for large autonomous vessels. For more information, contact [email protected] or call 888-707-5814 during business hours. Access to the full content requires a subscription or registration with Defense Daily.
Sta sviluppando tre modelli di imbarcazioni autonome. A guidare il round il fondo Andreessen HorowitzLa guerra sarà sempre di più uno scontro tra droni? La startup texana Saronic, con sede ad Austin, ha raccolto 175 milioni di dollari nel round Serie B, raggiungendo una valutazione da 1 miliardo di dollari. L’ecosistema USA dà quindi il benvenuto a un nuovo unicorno, attivo nel crescente settore defense tech. Sui numeri d’Oltreoceano di questo verticale abbiamo pubblicato di recente un aggiornamento sul magazine. Saronic sta sviluppando droni acquatici, imbarcazioni autonome da inserire all’interno della flotta degli Stati Uniti e dei Paesi alleati.At Saronic, we are pioneering the future of maritime defense and creating a safer tomorrow one vessel at a time. https://t.co/szM4fBpmBJ pic.twitter.com/SMEjwO15iW — Saronic (@Saronic) July 19, 2024Che cosa sta costruendo Saronic?A guidare il round troviamo il fondo Andreessen Horowitz, tra i più importanti a livello americano e specializzato nel settore dell’intelligenza artificiale