Timeline of diving technology

Tanis Venture Management, Mill Town Capital, and VTC Ventures Announce Acquisition of Dive Technologies by Anduril Industries

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Friday, February 4, 2022
Engineering, Maritime, Technology, Transport, Other Technology, Manufacturing, Growth, Entrepreneurship, CEO, Commonwealth, Tanis, Maya AUV India, Timeline of diving technology, LLC, Time, Fund, Acquisition, Robotics, Investment, Economic development, Anduril, Multimedia, Carilion Clinic, The Diving Board, VTC, Management, Tunnel, Renewable energy, Mill town, Virginia Tech, Diving, Tanis Venture Management, Mill Town Capital, Virginia Tech Carilion Ventures, TANIS VENTURE MANAGEMENT, MILL TOWN CAPITAL, VIRGINIA TECH CARILION VENTURES

Tanis Venture Management (Tanis), Mill Town Capital, and Virginia Tech Carilion Innovation Fund & Seed Fund (VTC Ventures) today announced the acquisition of their portfolio company, Dive Technologies, Inc. (Dive), a Boston, MA-based subsea robotics designer and manufacturer, by Anduril Industries, Inc., a defense technology company.

Key Points: 
  • Tanis Venture Management (Tanis), Mill Town Capital, and Virginia Tech Carilion Innovation Fund & Seed Fund (VTC Ventures) today announced the acquisition of their portfolio company, Dive Technologies, Inc. (Dive), a Boston, MA-based subsea robotics designer and manufacturer, by Anduril Industries, Inc., a defense technology company.
  • Tanis and Mill Town were joined in their investments by VTC Ventures.
  • Tim Burke, CEO & Managing Director of Mill Town Capital, noted, Dive Technologies is a great entrepreneurial and operational success story.
  • Sam Russo, Co-Founder and COO/CSO of Dive Technologies, remarked, We were fortunate to have strong investor support throughout the inception and growth of Dive Technologies.

Dive Technologies Earns DARPA Embedded Entrepreneurship Initiative Grant to Accelerate Autonomous Underwater Vehicle Commercialization

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Thursday, January 20, 2022
Technology, Engineering, Manufacturing, Other Transport, Maritime, Defense, Transport, Other Technology, Other Defense, Contracts, Hardware, Data Management, Security, Satellite, Entrepreneurship, Technology, EVP, Maya AUV India, CSO, AUV, EEI, Robot, Defense Advanced GPS Receiver, Timeline of diving technology, Industry, Autonomous underwater vehicle, DARPA, Multimedia, Data collection, United States Navy, ICEX: US Navy Mission in Arctic, Partnership, Acquisition, 3D printing, Diving

Dive Technologies, Inc., a Boston-based subsea robotics designer and manufacturer, announced today a grant received from the DARPA (Defense Advanced Research Projects Agency) Embedded Entrepreneurship Initiative (EEI) .

Key Points: 
  • Dive Technologies, Inc., a Boston-based subsea robotics designer and manufacturer, announced today a grant received from the DARPA (Defense Advanced Research Projects Agency) Embedded Entrepreneurship Initiative (EEI) .
  • This grant will propel Dive Technologies ability to continue to bring innovations and scalability of subsea technologies born for defense purposes to the commercial market.
  • View the full release here: https://www.businesswire.com/news/home/20220120005044/en/
    Dive Technologies Commercial Large Displacement AUV, the DIVE-LD, in New Bedford, MA.
  • About Dive Technologies: Founded in 2018, Dive Technologies designs, develops, and deploys premier autonomous underwater vehicles for large-scale commercial and defense data collection.