Anduril Industries Inc., a defense technology company, has acquired Dive Technologies Inc., a subsea robotics designer and manufacturer, from Tanis Venture Management, Mill Town Capital and Virginia Tech Carilion Innovation Fund & Seed Fund (VTC Ventures).

Dive’s AUVs prioritize payload flexibility, low-cost operations and long endurance paired with advanced autonomy. The firm’s AUVs are made for littoral and deep-water survey and inspection needs, providing access to the world’s oceans.

“Tanis is thrilled to have worked closely with Dive as its lead investor and seen its amazing growth over the past two years,” said Jack Seaver, Dive board director and managing director at Tanis. “We believe merging with Anduril is the best possible outcome for the company’s mission, potential, and the future of American defense.”

“Dive Technologies is a great entrepreneurial and operational success story,” Tim Burke, CEO & managing director of Mill Town Capital. “We’re proud to have worked alongside the Dive team since their inception and pleased to see how well they leveraged regional resources for support functions.”