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Venture Capital News: Juliet Marine Systems Raises $9.7M

2012-02-16
PORTSMOUTH, NH, Builder of stealthy marine attack vessels, has raised $9.7 million in venture capital.
Juliet Marine Systems, a builder of stealthy marine attack vessels, has raised $9.7 million in venture capital, the company disclosed in a regulatory filing. Four separate investors participated in the offering.

Juliet Marine Systems is a maritime technology think tank that is developing innovative solutions for naval and commercial applications. The firm seeks to assure fleet force protection in response to small vessel terrorist attacks against our Navy and coalition ships.

As a maritime systems think tank, Juliet Marine Systems provides offensive, defensive and ISR solutions that are developed in a skunk works operation able to rapidly invent and construct needed technologies and systems for the Navy and armed forces. The firm has already developed a surface variant of a super cavitating craft and are planning to apply its unique technology in a UUV prototype.

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