Austal

Austal designs and builds aluminium and steel vessels for defence and commercial customers. Its autonomy exposure includes uncrewed-vessel manufacturing and integration, including a teaming agreement to build Saildrone Surveyor-class platforms in Australia.

Facts

  • Segment: Maritime Robotics
  • Country: AU
  • Founded: 1988
  • Ticker: ASB
  • Website: https://www.austal.com/

About

About Austal

Founded in 1988 and headquartered in Henderson, Western Australia, Austal is a public shipbuilder with production and support operations across Australia, the United States, the Philippines and Vietnam. Its portfolio spans high-speed commercial craft, patrol vessels and larger naval programmes, supported by digital shipyard and sustainment capabilities.

Austal’s Korthos relevance is the industrialisation layer for autonomous maritime systems. The company has integrated autonomy into existing hull designs and entered a teaming agreement with Saildrone covering manufacture of aluminium Surveyor uncrewed surface vessels. That role differs from a software-first autonomy developer: Austal contributes naval architecture, production engineering, shipyard capacity and lifecycle support. Customer programme volumes and the share of revenue attributable to uncrewed systems remain limited or undisclosed.

Supply

  • OLP Robotics - Inbound - Manufacturing Services - OLP Robotics supplies the WeCobot collaborative welding system installed at Austal Henderson - source: linkedin.com
  • Saildrone - Outbound - Manufacturing - Austal manufactures Saildrone Surveyor autonomous vessels under an exclusive arrangement - source: austal.com

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Market context

Comparable profiles and adjacent companies connected by shared workflow, capability, or stack position.

  • SubSea Craft - comparable profile - peer: Defence Maritime Autonomy Builder
  • SubSeaSail - comparable profile - peer: Defence Maritime Autonomy Builder
  • Powerus - comparable profile - peer: Defence Maritime Autonomy Builder

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Timeline

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Team

  • Patrick Gregg - Chief Executive Officer

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Operations

  • Vessels Delivered Fy - 7 vessels delivered in FY2025 - 2025-06-30 - Global - Austal delivered seven vessels from its Australian, United States and Philippines shipyards in FY2025; 49 vessels were under construction or scheduled and 73 were under sustainment. - source posture… - source: austal.com

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