Magnet Defense
- Company typePrivate
- Founded2020
- HeadquartersMiami, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
Magnet Defense firmographics
Firmographics- Name
- Magnet Defense
- Legal name
- Magnet Defense LLC
- Website
- https://magnetdefense.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Magnet Defense industry classification
Industry- Product category
- Autonomous Maritime Systems (Unmanned Surface Vessels)
- NAICS
- Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Ship and Boat Building (3366), Ship and Boat Building (33661)
- akta.pro primary industry
- Unmanned Surface Vehicles (USV) & Autonomous Maritime Surface Platforms (IMABAIAE)
- akta.pro secondary industries
- Unmanned Naval Vessels (USV/UUV) (IMAJABAH), Maritime Unmanned Systems (USV/UUV) & Control Stations (IMABAKAJ), Marine & Underwater Robotics (USVs/UUVs) (HDAAAIAH)
Keywords
Where Magnet Defense is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Magnet Defense business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- USV Platform Sales: Sale of AI-enabled unmanned surface vessels (USVs) to U.S. military and allied defense forces. Revenue from M48 and M68 platform deliveries, with first M48 delivery scheduled for Q2 2027. Platform prices range from $30 million for M48 (157-foot variant).
- Defense Contract Services: Strategic partnerships with defense primes (Hanwha Defense USA) for joint MUSV development and production. Revenue from government defense contracts for autonomous maritime platforms, missile defense systems, and fleet operations capabilities.
- Acquisition Integration (Metal Shark): Integration of Metal Shark's shipbuilding operations and manufacturing capacity. Vertical integration through acquisition to control production of AI-enabled USVs for U.S. Golden Fleet initiative.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | M48 Fleet USV - 48-meter multi-mission platform |
| Unit Pricing | Multi-year contract | M68 Strategic Platform - 68-meter missile defense and logistics variant |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Magnet Defense product offering
Product offeringCore offering
Magnet Defense designs, builds, and sells AI-enabled autonomous unmanned surface vessels (USVs) — the M48 Fleet USV and M68 strategic platform — for U.S. and allied military customers. The platforms are powered by proprietary AI software stacks (DriveAI, TrackAI, ForgeAI, and DefendAI battlespace management) and are manufactured through the company's vertically integrated shipbuilding operations following its acquisition of Metal Shark.
Product overview
Magnet Defense offers a unified platform of autonomous unmanned surface vessels (USVs) for national security maritime operations. The portfolio consists of purpose-built vessel platforms (M48 Fleet USV, M68 USV, and the jointly-developed H38 MUSV) paired with proprietary AI software systems (DriveAI, TrackAI, ForgeAI, and DefendAI battlespace management). The company has vertically integrated manufacturing through its Metal Shark shipbuilding acquisition and expanded AI capabilities via the ATG acquisition bringing the AXIOM autonomy stack. The platforms support multiple mission sets including missile defense, anti-submarine warfare, surface warfare, electronic warfare, ISR, logistics, and search and rescue.
Differentiator
Problem solved
Functional benefit
Brands
- M48: Multi-mission, long-range fleet operations USV platform - 48m length, 17,000 NM range
- M68
- DriveAI
- TrackAI
- ForgeAI
- DefendAI
Products and services
- M48 Fleet USV The M48 Fleet USV is a 48-meter (157-foot) multi-mission autonomous unmanned surface vessel designed for long-range fleet operations. It features a 17,000 NM range (longest of any MUSV currently at sea), 100-ton payload capacity, cruise speed of 15 kts, burst speed of 27 kts, and accommodates four 40' ISO containers for modular, configurable mission payloads. It is targeted at U.S. and allied military customers for distributed fleet operations and missile defense missions.
- M68 Strategic USV The M68 is a 68-meter strategic autonomous unmanned surface vessel configured for missile defense and contested logistics. It delivers a 13,900 NM range, 220-ton payload capacity, 650-ton displacement, cruise speed of 25 kts, burst speed of 32 kts, and accommodates eight 40' ISO containers. It supports USV-to-USV resupply operations and integrated air and missile defense missions for U.S. and allied military customers.
- H38 MUSV The H38 is a 38-meter Medium Unmanned Surface Vessel jointly developed with Hanwha Defense USA for the U.S. Department of War. It integrates Hanwha's missile systems, manufacturing scale, and AI-driven robotic shipyards with Magnet Defense's proven autonomous platform technology, and serves the U.S. Golden Fleet initiative.
- DriveAI DriveAI is Magnet Defense's proprietary autonomous navigation and mission routing system for USVs. It is designed to operate safely and in compliance with maritime rules while delivering multi-layer autonomy for contested, real-world, communications-denied environments, and powers the navigation capabilities of the M48 platform.
- TrackAI TrackAI is the company's proprietary AI-powered detection, classification, and telemetry-grade tracking software for high-speed threats across distributed maritime and multi-domain environments. It fuses data from radar, EO/IR imaging, and electronic support measures to enable threat assessment and target tracking.
- ForgeAI ForgeAI is Magnet Defense's AI-enabled manufacturing platform for designing, building, and scaling autonomous vessels from concept through deployment. It powers AI-driven robotic shipyards acquired through Metal Shark, enabling rapid design-to-production cycles for U.S. and allied customers.
- DefendAI Battlespace Management Suite DefendAI is Magnet Defense's comprehensive battlespace management platform that integrates command and control across air, space, maritime, land, and cyber domains. It is enhanced by ATG's AXIOM AI-enabled autonomy stack and provides a single operational picture for U.S. and allied military commanders.
Quantifiable outcome
- 17,000 nautical mile range - longest of any MUSV at sea today
- +3 more outcomes
Companies that use Magnet Defense
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Magnet Defense technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability10 records
Feature6 records
Magnet Defense partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered flagship and core.
- Hanwha Defense USAflagshipStrategic partnership to jointly produce Medium Unmanned Surface Vessels (MUSVs) for the U.S. Department of War. The partnership includes development of 38-meter MUSVs, AI-driven robotic shipyards, and advanced AI autonomy software. Hanwha brings manufacturing capacity and missile systems while Magnet Defense provides proven M48 platform technology with 17,000 nautical mile range and validated autonomous capabilities. The H38 vessel combines Hanwha's missile systems and robotics with Magnet Defense's autonomous platform.
- Metal SharkcoreCompleted acquisition of Metal Shark, a designer and shipbuilder of maritime platforms for defense and law enforcement. Metal Shark brings 20+ years experience, 2,000+ vessels delivered worldwide (500+ to U.S. Navy, 600+ to U.S. Coast Guard), and two Louisiana manufacturing facilities spanning 125,000+ square feet. The acquisition integrates Metal Shark's shipbuilding operations with Magnet Defense's AI-enabled autonomous technology to create a leading supplier of AI-enabled USVs for U.S. and allied militaries under the Golden Fleet initiative.
- Advanced Technology Group (ATG)coreDefinitive agreement to acquire Advanced Technology Group (ATG) to enhance AI-enabled autonomous maritime defense capabilities. ATG's open-architecture AI solutions and AXIOM (Autonomy Exchange for Interoperable Modularity) stack will be integrated into Magnet Defense's DefendAI battlespace management suite. ATG's team of mission architects, AI integrators, and software engineers will support expanded programs across the combined organization. Transaction subject to customary closing conditions.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Magnet Defense competitors and assessment
Company assessmentBroad incumbents
- L3Harris Technologies: L3Harris provides autonomous and unmanned maritime systems, C4I integration, and naval electronic warfare capabilities to DoD. It competes with Magnet Defense on the integrated battlespace management and naval autonomy layers, particularly via the ASW and ISR segments.
- Anduril Industries: Anduril is a major defense technology company building AI-enabled autonomous systems across air, sea, and land domains (including the Dive-LD AUV and Ghost Shark extra-large USV). It competes broadly with Magnet Defense across the autonomous defense portfolio and represents a well-capitalized incumbent threat.
- Austal USA: Austal USA is a major U.S. Navy shipbuilder producing Independence-class LCS, EPF, and other platforms and is investing in unmanned vessels. It is comparable to Magnet Defense's Metal Shark shipbuilding arm in the U.S. naval shipbuilding landscape.
- Huntington Ingalls Industries: HII is the largest U.S. military shipbuilder and a major Navy prime contractor with deep program office relationships. Through its Mission Technologies division and Unmanned Systems business, it competes with Magnet Defense in MUSV and distributed maritime programs as a broad incumbent.
Regional players
- Elbit Systems: Elbit Systems is an Israeli defense electronics company with a growing naval autonomy and unmanned surface vessel portfolio. It is comparable to Magnet Defense in autonomous maritime mission systems, but primarily serves non-U.S. allied markets rather than competing head-to-head in U.S. DoD programs.
Emerging players
- HavocAI: HavocAI builds autonomous surface vessels for defense and commercial customers using AI-driven autonomous navigation. It overlaps with Magnet Defense's DriveAI capability and is an emerging competitor in the small-to-medium USV segment.
- ThayerMahan: ThayerMahan operates autonomous maritime systems for undersea detection, ASW, and maritime domain awareness. It overlaps with Magnet Defense's TrackAI and ASW capabilities as a focused emerging player in autonomous maritime sensing.
Others
- Metal Shark (pre-acquisition context): Metal Shark is a U.S. shipbuilder now wholly owned by Magnet Defense, delivering patrol boats and high-speed vessels to the Navy, Coast Guard, and law enforcement. As a now-integrated subsidiary, it provides the manufacturing peer reference point for Magnet Defense's vertically integrated model.
Direct peers
- Saronic Technologies: Saronic develops autonomous surface vessels for naval and defense customers, including the Spyglass and Cutlass USV platforms. It is the most direct U.S. competitor to Magnet Defense in AI-enabled autonomous USVs targeting the Navy MUSV program.
- Saildrone: Saildrone manufactures wind- and solar-powered autonomous surface vessels used for ISR, hydrographic survey, and defense missions. Its USV fleet is operationally deployed with the U.S. Navy and competes with Magnet Defense in the persistent ISR and maritime domain awareness mission areas.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Magnet Defense financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magnet Defense leadership team
Management profileNumber of profiles
Profiles2 records
Magnet Defense subsidiaries and ownership
Company hierarchySubsidiaries2 records
Magnet Defense funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magnet Defense M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magnet Defense
What does Magnet Defense do?
Magnet Defense designs, builds, and sells AI-enabled autonomous unmanned surface vessels (USVs) — the M48 Fleet USV and M68 strategic platform — for U.S. and allied military customers. The platforms are powered by proprietary AI software stacks (DriveAI, TrackAI, ForgeAI, and DefendAI battlespace management) and are manufactured through the company's vertically integrated shipbuilding operations following its acquisition of Metal Shark.
Is Magnet Defense a public or private company?
Magnet Defense is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Magnet Defense founded?
Magnet Defense was founded in 2020. It employs 11 to 50 people.
Where is Magnet Defense based?
Magnet Defense is headquartered in Miami, United States, in the North America region.
How does Magnet Defense make money?
Three revenue lines are on record. USV Platform Sales are the primary driver. The others are defense Contract Services and acquisition Integration (Metal Shark).
Who are Magnet Defense's main competitors?
Broad incumbents on record are L3Harris Technologies, Anduril Industries, Austal USA and Huntington Ingalls Industries. Elbit Systems is listed as a regional player. Emerging players are HavocAI and ThayerMahan. Metal Shark (pre-acquisition context) is listed as an others. Direct peers are Saronic Technologies and Saildrone.
Does Magnet Defense have an API?
No public API is recorded for Magnet Defense.
What industry is Magnet Defense in?
Magnet Defense's product category is Autonomous Maritime Systems (Unmanned Surface Vessels). Its primary akta.pro industry code is IMABAIAE, Unmanned Surface Vehicles (USV) & Autonomous Maritime Surface Platforms, with a secondary code of IMAJABAH, Unmanned Naval Vessels (USV/UUV). Its NAICS code is 334511.