Magnet Defense
Develops and manufactures AI-enabled autonomous Medium Unmanned Surface Vessels (MUSVs) for defense, integrating advanced manufacturing and robotic shipyard concepts.
- CEO / Founder
- Marc Bell
- Team Size
- 51-200
- Stage
- Early Stage
- Total Funding
- $54M
- Latest Round
- Series A
- Key Investors
- Arcline Investment Management
Technology & Products
Key Products
M48 Unmanned Surface Vessel (USV); H38 Medium Unmanned Surface Vessel (MUSV) in partnership with Hanwha; AI-enabled autonomy stack for maritime platforms
Technological Advantage
Proprietary AI-enabled autonomy stack built for contested, real-world maritime conditions (not lab environments), combined with strategic partnerships for manufacturing scale. The core advantage is the integration of autonomy, vessel design, and production methodology, though specific AM process IP is not publicly detailed.
Differentiation
Value Proposition
Delivers long-endurance (17,000-32,000 nm range), autonomous maritime platforms capable of operating in Sea State 9, reducing vessel production lead times and enabling scalable fleet deployment through AI-driven robotic shipyards.
How They Differentiate
Focuses on large, long-endurance (48-meter, 32,000 nm range) USVs with integrated AI autonomy and a strategic push into AI-driven robotic shipyard manufacturing, unlike competitors focused on smaller vessels or pure autonomy software.
Market & Competition
Target Customers
US Department of Defense, allied militaries, naval defense contractors
Industry Verticals
Defense; Maritime; National Security
Competitors
Anduril Industries; Saronic; HD Hyundai (in partnership with Anduril)
Growth & Milestones
Growth Metrics
Commenced production of first M48 USV with delivery set for 2027; acquired Metal Shark Boats and Advanced Technology Group (ATG) to expand capabilities.
Major Milestones
Founded in 2025; Acquired Metal Shark Boats (2026); Acquired Advanced Technology Group (ATG) (2026); Strategic partnership with Hanwha Defense USA for MUSV production (2026); Began production of first M48 USV (2026)
Notable Customers
US Department of Defense (via Hanwha partnership)