City
Epaper

HD Hyundai, AI firm Palantir to develop unmanned surface vessel

By IANS | Updated: April 14, 2024 10:20 IST

Seoul, April 14 South Korean shipbuilder HD Hyundai Heavy Industries said on Sunday it has partnered with US ...

Open in App

Seoul, April 14 South Korean shipbuilder HD Hyundai Heavy Industries said on Sunday it has partnered with US artificial intelligence (AI) company Palantir Technologies to co-develop an unmanned surface vessel (USV) for maritime surveillance.

Under the Memorandum of Understanding signed recently, the two companies will cooperate in developing a USV for maritime surveillance by 2026 and later expand their partnership to produce a USV for use in combat at sea.

HD Hyundai said USVs are considered a game-changer in future naval warfare, as they replace traditional manned vessels to undertake various missions in hazardous zones, including surveillance, mine detection and removal, and combat, reports Yonhap news agency.

For the project, HD Hyundai said it plans to integrate the autonomous navigation software from its subsidiary Avikus with Palantir's AI-based mission autonomy technology.

Palantir Technologies has served major clients such as the US Department of Defense, the Navy, and the Army. It has participated in projects such as the modernisation of integrated combat systems for the American Navy through collaboration with Lockheed Martin.

Joo Won-ho, head of the naval special ship business unit at HD Hyundai Heavy, said: "The USV market is a blue ocean market where advanced technology plays a decisive role."

He added that HD Hyundai and Palantir will pioneer this field based on the achievements and trust accumulated by both companies.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalThe Third Eye: Is analysing Trump's Presidency challenge for strategic observers?

TechnologyScientists find gene mutation that links iron deficiency with Crohn’s disease

HealthScientists find gene mutation that links iron deficiency with Crohn’s disease

EntertainmentWhen Nana Patekar revealed why he settled in his village

NationalThe Third Eye: Is analysing Trump's Presidency challenge for strategic observers?

Business Realted Stories

BusinessCritical mineral investments stalled by economic uncertainty despite strong demand outlook: IEA

BusinessNaver to establish US subsidiary for investment in local startups

BusinessSamsung to adopt AI coding assistant to boost developer productivity

BusinessNifty 500 climbs 3.5% in May, driven by Industrials, Consumer, and Financial Services: Motilal Oswal

BusinessTN to roll out multi-lingual audio guides at 22 key tourist sites