Irvine-Based Anduril Industries Acquires Dive Technologies
Friday, February 18, 2022
Irvine-Based defense technology company Anduril Industries today announced it has acquired Boston-based start-up Dive Technologies, a pioneer in autonomous underwater vehicles (AUVs). This acquisition expands Anduril’s suite of autonomous systems, extends its unmanned capabilities to the undersea domain, and significantly accelerates the company’s strategic growth.
Dive Technologies enables safe and successful access to the greatest depths of the world’s oceans with reliable, flexible AUVs. Their industry-leading DIVE-LD is a modular and customizable AUV that can be optimized for a variety of defense and commercial mission types such as long-range oceanographic sensing, undersea battlespace awareness, mine countermeasures, anti-submarine warfare, seabed mapping, and infrastructure health monitoring.
“The world beneath the ocean is completely different than the one above it. It requires different types of sensors, modalities, and problem-solving than the work we are doing in air, land, and space,” said Anduril co-founder and CEO Brian Schimpf. “The Dive Technologies team brings unparalleled, deep domain expertise under the sea as well as a shared commitment to transforming U.S. and allied military capabilities with advanced technology. We are thrilled to have them on board.”
Dive utilizes Large Format Additive Manufacturing techniques and a novel system architecture to rapidly produce the DIVE-LD at a fraction of the time and cost of existing AUVs. Once integrated into Anduril’s autonomy software, Lattice OS, the next iteration of DIVE-LD will further disrupt this segment of the market.
“We built Dive to make undersea exploration safer, smarter, and cheaper, and to offer customers the highest level of customization. In four years, we reinvented AUVs by building a new system architecture from the ground up and bringing 3D printing to subsea robotics,” said Dive Technologies co-founder and CEO Bill Lebo. “With Anduril, we will rapidly scale our team, technology, and production to ensure our military partners have the best, most strategic advantage and our commercial customers have the most reliable tech in the greatest depths of the world’s oceans. We’re excited for the next chapter.”
The acquisition follows Anduril’s selection by U.S. Special Operations Command to be its Systems Integration Partner, supporting counter unmanned systems efforts under a nearly $1B Indefinite Delivery Indefinite Quantity contract.
Gunderson Dettmer LLP and Covington & Burling served as legal advisors to Anduril. Polsinelli LLP served as legal advisor to Dive Technologies. Terms of the deal are not disclosed.
Anduril Industries is on a mission to transform U.S. and allied military capabilities with advanced technology. By bringing the expertise, technology, and business model of the 21st century’s most innovative companies to the defense industry, Anduril is changing how military systems are designed, built and sold. Anduril’s family of systems is powered by Lattice OS, an AI-powered operating system that turns thousands of data streams into a realtime, 3D command and control center. As the world enters an era of strategic competition, Anduril is committed to bringing cutting-edge AI, computer vision, sensor fusion, and networking technology to the military in months, not years.
Founded in 2018, Dive Technologies designs, develops, and deploys premier autonomous underwater vehicles for large-scale commercial and defense data collection. Utilizing deep domain expertise, Dive Technologies is building highly scalable and flexible, fastest to the sea, and best-in-class AUV platforms that combine purpose-driven technology with an intuitive architecture to help customers rapidly and efficiently collect subsea data.
Category: Irvine, Business Expansion, Technology