Albacore raised USD 6.5 million in a seed funding round to develop its autonomous underwater vehicle Ghostfin, attracting significant investment from prominent defense-focused venture capital firms.

Information on the Target

Albacore Inc., a Philadelphia-based startup, specializes in developing long-range unmanned underwater vehicles (UUVs) aimed at enhancing maritime security and intelligence missions. Its flagship product, the Ghostfin, is an autonomous mini-submarine measuring 8 feet in length and weighing 400 pounds, with a payload capacity of up to 250 pounds. Designed for ease of launch by a small team, the Ghostfin is engineered for maximum range, capable of traversing approximately 1,000 nautical miles.

Founded by a team with extensive expertise in defense technology, Albacore is positioned to cater to both military and commercial demand for advanced UUVs. The company has already made significant progress, successfully testing prototypes and gearing towards production with aspirations to commence sales by mid-2026.

Industry Overview in the Target’s Specific Country

The defense technology industry in the United States is characterized by a continuous demand for innovative solutions that address national security challenges. With rising geopoli