Crowley Backs Saildrone In $100M Round
October 22, 2021
Crowley Maritime Corporation has partnered with Saildrone, the emerging
market leader in ocean data, ocean mapping, and maritime intelligence
solutions, by participating in their $100m series C raise. The
burgeoning relationship is valuable for the growing offshore wind
sector, for which both Crowley and Saildrone are key service providers.
The strategic investment will be used to grow Saildrone’s data insight
teams and scale go-to-market functions to meet the rapidly growing
demand for ocean domain intelligence and advances Crowley’s continued
expansion into services that meet the needs of customers, partners, and
a more sustainable world.
“Crowley is proud to join Saildrone in advancing technology for
gathering and analyzing climate, mapping and maritime security data for
the benefit of our environment and communities,” said Tom Crowley, the
company’s chairman and CEO. “Our investment advances Crowley’s strategy
to develop growth in the next generation of industries that align
innovation and value while leveraging renewable energy.”
An American-owned and operated company founded in 2012, Saildrone’s
mission is to sustainably explore, map and monitor the ocean, to
understand, protect and preserve our world. Saildrone uncrewed surface
vehicles (USV’s), predominantly powered by renewable energy, have a
minimal carbon footprint and are equipped with advanced sensors and
embedded ML/AI technology to deliver critical insights from any ocean,
at any time of year.
are delighted to have Crowley join our team as a strategic investor,”
said Richard Jenkins, Saildrone founder and CEO. “Adding high utility
ship capability, and a global marine service network to Saildrone
operations is going to be transformational for our business.
Likewise, there are many ML/AI technologies that we have evolved at
Saildrone, that can be applied to regular vessel operations to help
improve safety, such as through improved maritime domain awareness. We
are looking forward to working together to accelerate these
Crowley’s partnership with Saildrone aligns with the company’s ambition
to be the most sustainable and innovative maritime and logistics
solutions company in the Americas by 2025. Saildrone’s products are
based on data collected from a fleet of USV’s that are powered primarily
by renewable wind and solar power. Saildrone USV’s are the most reliable
uncrewed vehicles on the planet, sailing over 500,000 nautical miles and
clocking more than 15,000 days at sea in some of the harshest conditions
on the planet.