The company focuses on developing platforms that enhance operational naval capabilities in surface, sub-surface and unmanned domains.
International Expansion and New Partnerships in Maritime Technology
The news follows the company’s announcement of the defence startup’s second international partnership for overseas manufacture support. Subsea Craft is looking to establish itself in Europe to provide the Hellenic Navy and NATO allies with better maritime technology. It signed an MOU with Athens-based Skaramangas Shipyards recently.
Penny Mordaunt’s Leadership at Subsea Craft
Mordaunt lost her Portsmouth North seat – which she had previously held since 2020 – to her Labour competitor Amanda Martin last summer.
Mordaunt said: "In the battle for technical superiority we need nimble and brilliant companies.
There are few UK firms that have been able to attract the sustainable investment required to produce the level of innovation and expertise Subsea Craft has achieved.
The potential is clear, and I am delighted to be Subsea Craft’s latest team member. These are exciting times to be joining as we prepare to scale the manufacture of world-leading capabilities, following the recent signing of our Greek partnership."
Subsea Craft’s Continued Growth and Naval Engineering Capabilities
Camilla Martin, chief executive of Subsea Craft, added: "Penny’s appointment comes at a significant time in Subsea Craft’s journey as we enter the next phase of our business expansion.
Her international experience and reputation will help ensure our naval engineering platforms can be scaled to meet the needs of the UK and its allies across the globe."
