DEPLOYDatabase

Company

Ulysses

Ulysses ("The Ocean Company") builds networked fleets of low-cost autonomous surface and underwater vehicles for persistent operation in harsh maritime…

Founded
2023
HQ
San Francisco, CA, USA
Status
active

The verified answer

As of Sep 2026, DEPLOY verifies Ulysses: 1 model, 1 deployment across 1 region, $46.0M raised. 2 sources back the record.

CategoryMaritime

Overview

Ulysses ("The Ocean Company") builds networked fleets of low-cost autonomous surface and underwater vehicles for persistent operation in harsh maritime environments. The San Francisco-based company, founded in 2023, combines cost-efficient hardware with advanced onboard computers for next-generation autonomy across defense (mine countermeasures, ISR), commercial (offshore survey, cable laying, wind-farm inspection), and environmental (seagrass restoration) missions.

Ulysses has field-tested five generations of underwater vehicle prototypes and generated over USD 5 million in customer revenue across government, commercial, and scientific partners including the US Navy , the Great Barrier Reef Foundation, and the Nature Conservancy

Verified record

Verified deployments
1 deployment on file
Active incidents
None on file

Valuation of record

DEPLOY VERIFIED
$228M (reported, approximate)as of Apr 2026

Priced roundSeries A post-money

See the full valuations ranking →

Key facts

Founded

2023 (Dublin)

HQ

San Francisco, CA, USA

Lead Investor

Andreessen Horowitz (American Dynamism)

Category

Maritime (surface + subsea autonomous vehicles)

Series A Investors

Andreessen Horowitz (lead), Booz Allen Ventures, Harpoon Ventures

Revenue

Over USD 5M in customer revenue (company-reported, Apr 2026)

Employees

20 (as of Apr 2026)

Key Customers

US Navy, Australian government, Great Barrier Reef Foundation, Nature Conservancy, Virginia Institute of Marine Science, Mote Marine Laboratory, Florida Dept of Environmental Protection

Products

Mako (AUV), Leviathan (USV mothership), Kraken (launch & recovery system)

Mako Unit Cost

Approximately USD 50,000 per AUV

Leviathan Endurance

6+ months at sea, 1,200 nm range, 20-knot speed, carries up to 4 Makos

Origin

Founded 2023 in Dublin, Ireland; HQ in San Francisco

Hero image candidate

cdn.sanity.io (source: official press kit theoceancompany.com)

Data & sources

Web sources

2

2 sources backing this record.View all →

Partnerships

Every company Ulysses has built with, alongside the ones only announced in a press release.

1 total1 operating

Most-frequent partners

  1. 1Booz Allen Ventures1× joint

Most recent

  1. with Booz Allen Venturesoperating

Ulysses on the deployment map

View the global map

1 verified deployment across 1 region, newest verified Dec 2025. Explore where Ulysses's robots are operating, by place and type.

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View the full Ulysses deployment record →

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Relationships

Current leadership (4)

Founders (4)

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Safety record

No incidents on record for Ulysses.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operator customers (1)

Recent coverage

Ulysses in third-party press

Peers

8 peers across 1 segment. Every Ulysses competitor derived from shared form-factor and application-domain edges.

usv(8)

2 companies in this segment · highly_concentrated (HHI 5766.949001814165) · leader Kraken Technology Group at 6958%