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San Diego California based SeaSatellites dba Seasats is raising $11,302,383.00 in New Equity Investment.

San Diego California based SeaSatellites dba Seasats is raising $11,302,383.00 in New Equity Investment.

October 17, 2022 Craig Etkin

San Diego, CA – According to filings with the U.S. Securities and Exchange Commission, SeaSatellites dba Seasats is raising $11,302,383.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Michael Flanigan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About SeaSatellites dba Seasats
Seasats autonomous ocean vehicles provide remote monitoring and data collection for defense and commercial customers at a fraction of the cost, logistics, and risk compared to traditional methods. Were proud to announce that Seasats has received a grant from the National Science Foundation to develop COLREGS-compliant autonomy for small autonomous surface vehicles. These regulations for avoiding collisions at sea were standardized many years before the advent of autonomous systems. Today, they continue to be taught to mariners around the world. Any autonomous system that interacts frequently with crewed vessels will need to comply with the COLREGS to maintain safe and efficient operations. Thanks to a unique mix of maritime and autonomy expertise, Seasats is ready to lead the development of safe, reliable, and sophisticated autonomous ocean systems.

To learn more about SeaSatellites dba Seasats, visit http://seasats.com/

Contact:
Michael Flanigan, Chief Executive Officer
831-732-7287
https://www.linkedin.com/in/mikeflan/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved


Venture Capital
7320, California, San Diego, SeaSatellites dba Seasats, Venture Capital

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