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. . SAR-ICS INTELLIGENCE AUDITORIUMS SHIPBUILDING TECHNOLOGY ADVANCING AMERICA'S SPER COLORITY. 3 BILLION DOLLARS IN TRUTH SOCIAL SHIPYARD PORT ALPHA BROWNSVILLE TO BUILD NEXT GENERATION AUTONOMOUS VESSELS. COMPANION CAPACITY JOINING ME SARONIC TECHNOLOGY CEO DINO MAVROOKAS. CONGRATULATIONS. THANKS SO MUCH FOR BEING HERE.
>> THANKS SO MUCH FOR JOINING US FOR HAVING ME.
>> YEAH. WE ARE VERY INTERESTED IN ALL THAT YOU ARE DOING, DINO. I WANT YOUR TAKE FIRST BROADLY SPEAKING ABOUT AUTONOMOUS VESSELS, HOW THEY HAVE CHANGED THE BATTLEFIELD IF YOU WILL, QUOTE/UNQUOTE, HOW IT IS REALLY A CHANGING FACE OF OUR DEFENSE CAPABILITIES TODAY.
>> IF YOU LOOK WHAT AUTONOMY PROVIDING, BRAND NEW CAPABILITIES, ABILITY TO SCALE PLATFORMS. I TALK BILLION DOLLARS. WE'RE IN A SHOULD I BE BILLION DOLLARS CRISIS. IF YOU LOOK WHAT AUTONOMY IS ABLE TO DO IF IN STRAITS OF HORMUZ, I MENTIONED EARLIER WE WERE VOLUNTARILIED INVOLVED IN RESCUE TWO DOWNED APACHE PILOTS. A PICK-UP WEEKS LATER SAME VESSELS CONDUCTED OFFENSIVE STRAIGHT ON IRANIAN PORT OPENING UP CAPABILITIES FOR NAVAL COMMANDERS. THE ABLE ABLE TO DO TO PROJECT POWER, DELIVER MISSION WITHOUT PUTTING PEOPLE AT HARM'S WAY THROUGH AUTONOMY.
>> WHAT I WANT TO ASK FEELS LIKE THE FUNDAMENTAL CHANGE IN NAVAL WARFARE. THANK YOU TO SARONIC INCREDIBLE TEAM TO ACTUALLY BE PART OF THAT RESCUE, OF COURSE, THE RESCUE CARRIED OUT BY U.S. MILITARY, OUR GREATEST IN THE COUNTRY, BUT THEY USED SPECIFICALLY A SAR ON AIC CORSAIR UNMANNED SURFACE VESSEL OPERATING AS PART OF NAVY AUTONOMOUS DISTANCE CAPABILITY. YOU WERE ABLE TO RESCUE TWO DOWNED PILOTS. WE LOST WE'LL COUNTRY SO NERVOUS THAT 24-HOUR PERIOD WOULD NOT FIND THAT SECOND AT PILOT. TELL ME ABOUT THAT OPERATION.
>> WELL, I CAN'T GET INTO TOO MANY SPECIFICATION OF OPERATION FOR LOT OF REASONS. I WILL SAY, AGAIN, WE ARE PROUD TO BE ABLE TO SUPPORT OUR MILITARY, AND AS A COMPANY, THE NAVY AND MILITARY TRUSTED OUR SYSTEMS, COMBAT SEARCH AND RESCUE HIGHEST STAKE OPERATIONS THERE ARE. TRUSTED AUTONOMOUS PLATFORMS. OUR AUDITORIUMS PLATFORMS FIRST TIME A MISSION LIKE THIS HAS EVER BEEN CONDUCTED BY. I CAN TELL YOU PERSONALLY THROUGH EXPERIENCE BEING ABLE TO RESCUE SOLDIERS PILOTS BEHIND ENEMY LINES WITHOUT PUTTING ADDITIONAL PEOPLE AT RISK IS A MASSIVE, MASSIVE BENEFIT TO SOLDIER SAILORS AIRMEN OVERSEAS.
>> INCREDIBLE. AS AMERICANS, WE HAVE TO THANK YOU, AND THE COMPANY. BUT IF MILITARY TRUSTED YOUR VESSEL YOUR AUTONOMOUS VESSELS WITH RESCUING AMERICAN PILOTS UNDER FIRE IS TEN ME LAND WHAT MISSIONS ARE YOU EXPECTING, TO HAVE GOING FORWARD IN FEMURS OF AUTONOMOUS SHIPS TAKING THE LEAD IN THE NEXT CRISIS? HOW QUICKLY CAN YOU BUILD THEM?
>> WE'RE BUILDING EXTREME FAST. I MENTIONED EARLIER WHAT IS THE FUTURE OF NAVAL WARFARE, REAL LOOK LIKE? YOU KNOW. MARIA. WE ARE IN A SHIPBUILDING CRISIS IN THIS COUNTRY. CHINA OUT BUILDS US 230 TO ONE. OUR NAVAL FLEET SHRINKING. 0.1% OF SHIPBUILDING CAPACITY. PORT ALPHA OUR NEXT GENERATION SHIPYARD IS GOING TO TURN THAT AROUND, IN A MASSIVE, MASSIVE WAY. INVESTING IN THAT NOW SOME HIGHEST PRIORITIES OF THE PRESIDENT; RIGHT? HE PUT OUT MARITIME ODD ACTION PLAN THE ACT IN CONGRESS. WE ARE GLOWING TO ANSWER THAT CALL IN A REALLY BIG WAY. TO GOING TO INVEST BILLIONS DOLLARS CREATE 10,000 JOBS. GOING TO BRING ON 150,000 GROWS TONS OF SHIP BUILDING CAPTIVES. PRETTY MUCH FIRST PHASE. TO PUT THAT IN CONTEXT 1.5, TOTALLY SHIPBUILDING CAPACITY IN THIS COUNTRY TODAY. GOING TO BREAK THAT IN '26, OPERATIONAL IN '28 TO BUILD SHIPS. IF YOU PUT ON FEW OF THEISTIC LENS FIVE TO TENS YEARS IN THE FUTURE THERE IS NO REASON AUTONOMOUS WARSHIPS FIRING HYPERSONIC MISSILES CAN'T PROJECT FORCE FOR NAVAL FLEET IN A WAY WE CAN BUILD SALE AGAIN.
MARIA: I THINK THE PORT ALPHA SOUNDS INTERESTING. THE PUSH TO BUILD AUTONOMOUS VESSELS BECOMING MORE AND MORE IMPORTANT AS BUILDS UP THE INDUSTRIAL BASE, MARITIME INDUSTRIAL BASE. PRESIDENT TRUMP TOLD ME MANY TIMES, THAT WE ARE IN SHIPBUILDING CRISIS. YOU SAID IT NOW TWICE. A LOT OF PEOPLE AGREE. WE REALLY HAVE FALLEN BEHIND IN TERMS OF SHIPBUILDING. HOW DID THAT HAPPEN? HOW MONTH GAP CAN AUTONOMOUS INVESTMENTS VERSUS BUILDING TORE TRADITION 14I7Z.
>> WE CAN'T KEEP BUILDING TRADITIONAL SHIPS THE WAY WE'VE BEEN BUILDING THEM. WORK FORCE FIRST TO 1981, PRESIDENT REAGAN DID AWAY WITH A SHIPBUILDING SUBSIDIES FOR THE DIFFERENCE IN CONSTRUCTION COSTS. FOR THE COMMERCIAL MARKET. THE INTERNATIONAL COMMERCIAL MARKET FOR U.S. SHIPS BASICALLY WENT AWAY OVERNIGHT. WITH IT SUPPLY CHAIN AND WORKFORCE. THEN 1939 MASSIVE REDUCTION IN DEFENSE BUDGET. THE NAVY BUDGET SHRUNK BY 41%. A DECIMATION COMMERCIAL SHIPBUILDING FOLLOWED BY DECIMATION MILITARY SHIPBUILDING MARKET THAT PERSISTED FOR 30 YEARS. NOW WE HAVE TO TURN THAT AROUND. THAT TAKES AN ALL-OF-COUNTRY EFFORT. THE PRESIDENT'S LEADERSHIP, THE INDUSTRY INVESTING BILLIONS OF DOLLARS, REBUILDING THE WORKFORCE REVITALIZING SUPPLY CHAINS GETTING BACK TO WHERE WE WERE. RIGHT? THAT IS A MASSIVE, MASSIVE UNDER TAKING. IF WE KEEP JUST BUILDING, THE SAME SHIPS, IN SAME SHIPYARDS WE ARE NOT GOING TO GET THERE. AUTONOMY IS VITAL TO THIS EFFORT.
JOURNAL WRITES ABOUT PENTAGON BUYING SOME WEAPONS FROM START-UPS ACCORDING TO ONE ANALYZE ANDREW SARONIC ACCOUNTED FOR QUARTER ALL PENTAGON STARTING TO START-UP COHORT LAST YEAR. I WANT YOUR TAKE, ON WHAT THE U.S. IS SPENDING MONEY ON, IN TERMS OF ALL OF THIS INVESTMENT FROM PRIVATE EQUITY AS WELL AS FROM GOVERNMENT. HAVE YOU EVER SEEN THIS KIND OF INTEREST BEFORE?
NO. THIS IS TO PUT IT EXPLAIN SIMPLY. I WAS IN MILITARY 11 YEARS, SEAL TEAMS 2004 TO 2 IS A FIVE YEARS ON SEAL TEAM 6. I SAY THAT TO SAY FASTEST I HAVE SEEN GOVERNMENT MOVE ON ANYTHING, IN MY LIFETIME. THAT SAID, WE'RE IN RL DAYS LIKE VERY, VERY EARLY INNINGS. IF YOU LOOK AT BASE BUDGET, THE MILITARY DEPARTMENT OF WAR ONLY SPENDING ONE PERCENT ON AUTONOMY. ONE PERCENT. THE PRESIDENT IS MAKING THIS MASSIVE PUSH REQUESTED 1.5 TRILLION DOLLARS IN FOR NEW BUDGET MOVING FORWARD. A LOT OF THAT IS GOING TOWARDS OUR AUTONOMY. EXACTLY WITH A WE NEED. WE NEED MORE SPENDING, TOWARDS OUR AUTONOMY NEW TYPES OF SYSTEMS TOWARDS NEW ENTRANTS CHANGING THAT FROM 99%, 1% TO, MORE TOWARDS NEW SYSTEMS.
>> DO YOU THINK THE U.S. CAN BEAT CHINA WHEN IT COMES TO SHIPBUILDING AND AUTONOMOUS VESSELS?
>> WE DON'T HAVE TO BEAT CHINA IN TRADITIONAL SENSE OF LET'S GO OUT, BUILD WHAT THEY ARE BUILDING. WE ARE GOING TO BEAT CHINA IN A NEW WAY. GORE GOING TO OUT PRODUCE CHINA BUILDING AUTONOMOUS VESSELS BUILDING FUTURE OF THE MARITIME INDUSTRY, BUILDING SOFTWARE DEFINED PLATFORMS BUILDING NEW SHIPYARDS MORE EFFICIENTLY THAN SHIPYARDS THE CHINESE HAVE DETERRING THEM WITH ASEMMETTEK CAPABILITIES SHIPS BUILT CHEAPER HIGHER RATES CONTROLLED BY SOFTWARE. WE DON'T NEED TO BUILD 1200 FOOT CARGO CONTAINERS. WE CERTAINLY CAN WILL BE ABLE TO, PORT ALPHA BUT NOT NECESSARILY DETERRENT THAT OUR MILITARY IS LOOKING FOR. AND THAT IS WHAT WE'RE GOING TO DELIVER.
MARIA: DO AUTONOMOUS VESSELS REPLACE SAY SAILORS? WHAT ABOUT IN TERMS OF REPLACING THE SAILOR AT SEA?
>> AGAIN LOOK, LET'S FAST FORWARD 10 YEARS. YOU ARE VERY MUCH LOOKING FOR A HYBRID MANNED UNMANNED FLEET. NOT TRYING TO REPLACE SAILORS. LOOKING AT DOING IS KEEPING SAILORS OUT OF HARM'S WAY. RIGHT? AND GOING BACK TO THE PRODUCTION CAPACITY. NAVAL DESTROYER, 6 TO 8 YEARS TO BUILD ONE OF THEM, COSTS THREE BILLION DOLLARS, CARES 1 MISSILES 500 PEOPLE. ONCE HUNDRED MISSILES ARE GONE 500 PEOPLE ARE IN REAL DANGER. RIGHT? IS IF HOW DO WE KEEP THOSE PEOPLE SAFE PROVIDE MORE FIREPOWER FORWARD, AND DELIVER CAPABILITIES THAT CAN SCALE IT MUCH, MUCH LOWER PRICE POINT? GET SHIPS IN THE WATER GET SHIPS IN THE WATER FAST KEEP PEOPLE SAFE.
>> HAS THAT FIRST COMBAT MISSION CHANGED THE DEMAND CERTAINLY PENTAGON IF DEMANDED BUT WHAT DID YOU DO THE GIVING US ANY CLASSIFIED INFORMATION CAN YOU GIVE US A SENSE OF WHAT YOU LEARNED FROM THAT EXTRAORDINARY MISSION OF RESCUING THE TWO DOWNED PILOTS?
>> I MEAN, ANY TIME YOU ARE OPERATING IN A REAL COMBAT ENVIRONMENT YOU ARE LEARNING A TON EVERY SINGLE DAY. THIS IS WHAT WE'VE DONE WITH NAVY FROM PRETTY MUCH THE DAY WE STARTED THE COMPANY, IS PROVIDING FEEDBACK FROM THE OPERATORS, INTEGRATEING THAT INTO OUR SYSTEM ITERATING DEVELOPING STAYING ONE STEP AHEAD. THAT IS EXACTLY WHAT WE'RE DOING IN THE STRAITS OF HORMUZ STRAITS DEVELOPING ITERATING ADVANCING PLATFORMS AT THE SPEED OF SWOER.
>> DO YOU NEED ANYTHING FROM A CONTROL STANDPOINT IN TERMS OF PERMITTING, DINO, OR RRG RERTH CHANGES TO CONTINUE TO MASS-PRODUCE?
>> WE WORK WITH OUR, PARTNERS ON CAPITOL HILL VERY, VERY CLOSELY. I THINK ONE OF THE THINGS THAT WE'RE LOOKING AT DOING, CURRENTLY, NOT ONLY DEFENSE BUT COMMERCIAL. WE TALKED ABOUT THE IMPORTANCE OF THE COMMERCIAL MARKET FOR WORKFORCE FOR SUPPLY CHAIN FOR ECONOMIES OF SCALE. THIS IS HOW YOU ACTUALLY PROVIDE BETTER PRODUCTS TO THE DEPARTMENT DRIVE DOWN COSTS TO MILITARY. WE ARE NOT LOOKING TO JUST DRIVE UP COSTS, OLD COST PLUS FORMAT. WE ARE LOOKING AT BUILDING AT SCALE LOWERING COSTS DRAMATICALLY. YOU HAVE TO EXTRICATE IN COMMERCIAL MARKET WORKING WITH PARTNERS ON CAPITOL HILL TO CHANGE THE REGULATIONS MOVING FORWARD, FOR AUTONOMOUS SHIPPING IN THE COMMERCIAL MARKET. AND THAT IS SOMETHING WE ARE GOING TO SHAPE AND PROVE OUT WITH OUR INTELLIGENT.
>> PRESIDENT TRUMP'S AGENDA TRIGGERED INCREDIBLE DEFENSE STORY FOR SO MUCH DEFENSE TECH. I FIND IT INCREDIBLY EXCITING. I LOVE THE STORY. I LOVE WHAT YOU ARE DOING DINO. I THANK YOU FOR SERVICE TO OUR GREAT NATION, THANK YOU FOR ALL OF YOUR WORK IN MILITARY, AND WE WILL BE WATCHING, SARONIC, THANK YOU DINO.
>> THANK YOU, MARIA.
>> DINO MAVROOKAS FROM