Booz Allen Invests in Maritime Autonomy
Booz Allen Hamilton Holding Corporation (BAH)
Last booz allen hamilton holding corporation earnings: 1/31 06:45 am
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Source: Business Wire
Investment scales Booz Allen’s offerings across autonomous undersea capabilities for defense and commercial missions MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, has invested in Ulysses, a San Francisco-based maritime robotics company developing cost-efficient, high-volume autonomous surface and underwater vehicles for maritime operations.Amid rising demand for low-cost, scalable unmanned undersea systems, Booz Allen’s investment in Ulysses enhances the firm’s ability to deliver integrated maritime solutions, particularly across mine countermeasures, multi-vehicle swarming and survey missions, and operations requiring platforms designed for high-risk environments.“Maritime forces need affordable and scalable systems undersea. That demand will require us to build and field autonomous undersea platforms that can be integrated with the Navy’s future hybrid fleet,” said Jennie Brooks, executiv
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