Dana Dynamics
Developing an autonomous vessel for seabed and environmental surveys.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Dana Dynamics, a Singapore-based robotics company established in 2018, specializes in the development of autonomous unmanned surface vehicles (USVs) for the maritime sector. The company was founded by a team of veterans from the Singapore Armed Forces with deep experience in military technology and operational requirements. This background directly informs the design and capabilities of their products, aiming to address the challenges and opportunities within maritime operations. A significant milestone for the company was the signing of a Memorandum of Understanding (MOU) with ST Engineering in 2022 to collaborate on the development of autonomous vessels. In March 2024, Dana Dynamics successfully raised S$1 million in a seed funding round led by Singapore-based investment firm, Moveon Technologies Investment, to accelerate the commercialisation of its solutions.
The company's core business revolves around providing autonomous solutions to enhance efficiency and safety in various maritime industries, including logistics, defense, and surveillance. Their business model likely involves the direct sale of their USVs, as well as offering integrated solutions and support services to their clients, which range from commercial shipping companies to naval forces. By automating tasks traditionally performed by manned vessels, Dana Dynamics aims to reduce operational costs and mitigate the risks associated with manual maritime operations.
Dana Dynamics' product line features USVs equipped for different maritime applications. A key offering is an autonomous ship-to-shore and shore-to-ship logistics craft designed to streamline cargo transportation in busy ports. This vessel leverages autonomous navigation and control systems to operate with minimal human intervention. The company also developed a USV for underwater infrastructure inspection, which was showcased at a maritime trade exhibition. These vessels are built with a focus on reliability and adaptability to diverse maritime environments, addressing the growing demand for automation in the global maritime industry.
Keywords: maritime robotics, autonomous vessels, unmanned surface vehicles, maritime logistics, naval technology, USV, marine automation, port operations, underwater inspection, ship-to-shore