This Week in Startups

TWiST News: Underwater Drones, Robot Swarms, and Klarna's Going Public | E2043

Nov 14, 2024
Nelson Mills, co-founder of VATN Systems, discusses breakthroughs in underwater drone technology designed for both defense and commercial applications. He elaborates on the agility and cost-efficiency of these drones compared to traditional military technologies. The conversation shifts to geopolitical challenges, particularly concerning China's maritime ambitions and the U.S. response. Mills explains the complexities of underwater drone communication and the innovative solutions being developed to enhance their operational capabilities.
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ANECDOTE

Underwater Drone Innovation

  • VATN Systems' Nelson Mills discusses their underwater drone, the Torsk (or Skelmere S6 for defense).
  • It's lightweight, modular, and costs a fraction of existing military options.
INSIGHT

Defense Tech Cost Efficiency

  • Existing underwater drone systems are overpriced due to inefficient cost-plus contracting.
  • VATN aims to build thousands of drones, vertically integrating key components for cost reduction.
INSIGHT

Changing Warfare

  • Conflicts are changing with increased drone usage, like quadcopters in Ukraine.
  • The Torsk's expendability is a key feature, reducing risk compared to expensive planes or submarines.
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