Marine Advanced Robotics

Richmond, United States Founded: 2004 • Age: 22 yrs Acquired By Ocean Power Technologies
Unmanned surface vehicle systems are provided for marine industries.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Marine Advanced Robotics

Marine Advanced Robotics is a company based in Richmond (United States) founded in 2004 was acquired by Ocean Power Technologies in November 2021. Marine Advanced Robotics offers products and services including WAM-V 8, WAM-V 16, and WAM-V 22. Marine Advanced Robotics operates in a competitive market with competitors including Saronic, Sagar Defence Engineering, Sea Machines, Liquid Robotics and Yunzhou Technology, among others.

  • Headquarter Richmond, United States
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics
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  • Legal Name Ocean Power Technologies
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Key Metrics
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Products & Services of Marine Advanced Robotics

Marine Advanced Robotics offers a comprehensive portfolio of products and services, including WAM-V 8, WAM-V 16, and WAM-V 22.

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Primary

Light and agile vehicle for portable marine applications.

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Stable platform for inshore and coastal environments.

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Rugged vehicle with multi-day endurance for tough conditions.

Funding Insights of Marine Advanced Robotics

Investors in Marine Advanced Robotics

Marine Advanced Robotics has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ocean Power Technologies and National Oceanic and Atmospheric Administration.

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Institutional
Investor Description Founded Year Domain Location
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Ocean energy technologies are provided for intelligent maritime solutions.
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Investor details for Marine Advanced Robotics

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Investments & Acquisitions by Marine Advanced Robotics

Investments
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Investment portfolio details for Marine Advanced Robotics

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Financial Statements - Marine Advanced Robotics

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Detailed financials for Marine Advanced Robotics

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Marine Advanced Robotics Comparisons

Marine Advanced Robotics Primary company
Description
Unmanned surface vehicle systems are provided for marine ind...
Location
Richmond, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Marine Advanced Robotics

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Competitors of Marine Advanced Robotics

Marine Advanced Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Saronic, Sagar Defence Engineering, Sea Machines, Liquid Robotics and Yunzhou Technology, among others.

Company Name Domain Founded year HQ Location Description
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Autonomous surface vessels are developed for naval and maritime applications.
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Manufacturer of a quadcopter drone for multiple civilian and military applications
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Unmanned surface vehicles are supplied for industrial maritime applications.
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Unmanned surface vehicles are developed using wave energy propulsion.
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Unmanned ships are developed for marine monitoring and exploration.
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Surveillance, cyber-defence, communication, and security solutions are provided.
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Detailed competitors of Marine Advanced Robotics

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Latest news on Marine Advanced Robotics

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Complete news archive for Marine Advanced Robotics

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Frequently Asked Questions about Marine Advanced Robotics

Marine Advanced Robotics was founded in 2004 and raised its 1st funding round 16 years after it was founded.

Marine Advanced Robotics is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.

Mark Gundersen is the current CEO of Marine Advanced Robotics.

Marine Advanced Robotics was founded in 2004 and is based in Richmond, United States. Unmanned surface vehicle systems are offered for maritime, defense, and GIS sectors. The product portfolio includes shore, ocean, and ground-up USV robots, which support survey and rescue operations. Research and development services are also provided to clients in these industries.

Marine Advanced Robotics's top competitors include Saronic, Sagar Defence Engineering and Yunzhou Technology.

Marine Advanced Robotics offers WAM-V 8, WAM-V 16, and WAM-V 22.

Marine Advanced Robotics has 2 investors. Key investors include Ocean Power Technologies, and National Oceanic and Atmospheric Administration.

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