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UNBELIEVABLE: Saronic - The Untold Story

This former Navy SEAL spent 5 years in private equity working 100-hour weeks before quitting and building a $9 billion startup

Dino Mavrookas went from Navy SEAL to private equity before quitting to launch Saronic, now a $9.25 billion firm.

Fortune

Brownsville faces rising home values after the arrival of large employers like SpaceX, Saronic

SpaceX and other large employers have brought a surge of new wealthy homebuyers in the region. As home values grow, Brownsville officials plan for future housing.

The Texas Tribune

Trump Ally in Congress Discloses Investment in Private Defense Firm — And Yes, It Has Government Contracts

While investors follow the trading activity of members of Congress buying stocks and options, disclosures of investments in privately traded companies are sparking increased attention as well. A member of Congress recently disclosed investing in a private drone company with government contracts.

Benzinga

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Forget traditional shipbuilding: Saronic’s new $3.2 billion 'Port Alpha' autonomous navy drone shipyard will be bigger than every 2026 World Cup stadium combined

$3.2 billion 'Port Alpha' autonomous shipyard will boost drone production in the US.

TechRadar

Jamie Dimon says six-figure shipyard jobs are the new ‘American Dream’—but candidates will need to endure hours of extreme heat, cold, and rain

Shipyard jobs can pay upwards of $100K without a college degree—and nearly a quarter of a million maritime workers are needed. But it comes with tradeoffs.

Fortune

Brownsville lands $3.2B AI drone tech company. Community members question the impact it could bring.

Saronic Technologies accepted a tax incentive deal on the promise of bringing 10,000 jobs in 10 years. Critics say this deal comes with a caveat.

The Texas Tribune

Landmark $211M tax-break deal could trump SpaceX’s deal in South Texas

Following SpaceX’s arrival in 2014, another large technology company is eyeing South Texas, once known as the poorest area in Texas.

The Texas Tribune

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Drone boat used in US rescue mission in Hormuz built by company co-founded by Indian-American engineer

A groundbreaking US military rescue mission near the Strait of Hormuz utilized an autonomous drone boat, developed by Texas-based Saronic Technologies, co-founded by Indian-American engineer Vibhav Altekar.

The Times of India

Meet Vibhav Altekar, the Indian-origin engineer behind the drone boat that pulled off a first-of-its-kind US military rescue

A remarkable rescue operation near the Strait of Hormuz saw an autonomous vessel, Corsair, play a vital role. Developed by Saronic Technologies, co-founded by Indian-American engineer Vibhav Altekar, the vessel helped save two US Army personnel. This event marks a significant milestone for autonomous maritime technology, demonstrating its capability in…

The Economic Times

The US Navy is spending millions on testing new drone technology. Setbacks have been significant

Trump’s signature domestic policy bill includes nearly $5 billion for maritime autonomous systems

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