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Seasats Secures Shield Capital Funding to Accelerate Growth of Autonomous Maritime Solutions

Seasats Secures Shield Capital Funding to Accelerate Growth of Autonomous Maritime Solutions

Drone-boat maker Seasats plans to hire more people and expand its overseas sales on the heels of a $10 million funding round.

Why it matters: From monitoring U.S. borders to mapping oil spills to sinking Russian ships in the Black Sea, demand for autonomous vessels is soaring.

Bristow Group Chooses Elroy Air Autonomous Cargo Drones

Bristow Group Chooses Elroy Air Autonomous Cargo Drones

Bristow Group and Elroy Air announced Wednesday they have signed a letter of intent for Bristow to pre-order 100 Elroy Air Chaparral pilotless hybrid-electric cargo vertical takeoff and landing (VTOL) aircraft.

Cyber insurance firm Resilience raises $80M to battle ransomware

Cyber insurance firm Resilience raises $80M to battle ransomware

Resilience, a cyber insurance firm that also aims to help shore up policyholder defenses against ransomware, today announced raising an $80 million series C round to fund its expansion with midmarket customers.