Browsing: Maritime

For many maritime organizations, cybersecurity compliance has moved from a future planning item to an immediate business priority. The U.S. Coast Guard’s final rule on cybersecurity in the Marine Transportation System establishes minimum cybersecurity requirements for certain U.S.-flagged vessels, Outer Continental Shelf facilities, and facilities subject to the Maritime Transportation Security Act. The rule became…

Arlington, Virginia-based startup Quartermaster in May closed a $43 million Series A around its idea of using weather-hardened sensors to capture data and generate insights about maritime activity. That idea has proven popular, because Quartermaster has already closed a much larger Series B, bringing in $140 million this time.

Saudi Arabia’s first defence-focused venture capital fund, MASNA Ventures, is seeking to plough more money into local manufacturing of US and allied defence technology as conflict in the Gulf exposes the region’s military gaps.

The United States is entering a multi-decade maritime industrial super cycle in which enduring strategic advantage will be determined not only by the sophistication of individual naval platforms, but by the nation’s ability to rapidly build, sustain, repair, regenerate, and scale maritime capability through a resilient, technologically advanced industrial base, according to an industry report…