Businesses
Here's a look at documents from U.S. and international businesses
Featured Stories
U.S. Consumer Healthcare Market Reaches $107 Billion as Americans Double Down on Proactive Wellness
CHICAGO, Illinois, April 17 (TNSxrep) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release:
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U.S. Consumer Healthcare Market Reaches $107 Billion as Americans Double Down on Proactive Wellness
As consumers holistically and proactively navigate their physical and mental health, wellness has moved far beyond reactionary purchasing and treating symptoms
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The latest State of Consumer Healthcare study from Circana, LLC reveals that the U.S. consumer healthcare market grew by +3% in 2025 to $107 billion, surpassing
... Show Full Article
CHICAGO, Illinois, April 17 (TNSxrep) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release:
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U.S. Consumer Healthcare Market Reaches $107 Billion as Americans Double Down on Proactive Wellness
As consumers holistically and proactively navigate their physical and mental health, wellness has moved far beyond reactionary purchasing and treating symptoms
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The latest State of Consumer Healthcare study from Circana, LLC reveals that the U.S. consumer healthcare market grew by +3% in 2025 to $107 billion, surpassingoverall retail growth. This shift reflects a growing consumer focus on proactive health and holistic well-being - favoring prevention, daily wellness routines, and self-directed care over reactive treatment.
The comprehensive report details a significant transformation in how individuals approach both their physical and mental health. Market growth is heavily concentrated in nutrition and personal care, demonstrating that wellness-driven shoppers view daily routines as essential health rituals. These categories are expanding rapidly due to increased consumer demand.
E-commerce and club channels experienced the most significant sales increases as consumers search for value and convenient shopping experiences. Social commerce is also accelerating, as platforms like TikTok not only play a growing role in health and personal care discovery, but are now becoming core commerce channels. In fact, beauty and personal care is the top-selling category on TikTok Shop, based on dollar sales volume, and health also lands among the top five.
Additionally, AI-driven search, apps, and agentic commerce are transforming how brands connect with consumers, and how consumers are purchasing self-care products and solutions.
"As consumers holistically and proactively navigate their physical and mental health, wellness has moved far beyond reactionary purchasing and treating symptoms," said Kristin Hornberger, executive vice president and practice leader for Wellness, Beauty, and Homecare at Circana. "To drive meaningful, sustainable growth, brands must pressure-test where they have permission to stretch, innovate across category lines, and harness the power of personalized, functional solutions that meet consumers exactly where they are."
Beyond broad market growth, Circana's research highlights several ongoing trends that continue to drive key areas of expansion within the healthcare industry. Weight management and protein consumption remain strong growth catalysts, sustained by the steady adoption of GLP-1 medications and an enduring focus on muscle health. Mental health is no longer a niche within wellness; it is foundational. With reducing stress and anxiety ranking among their top health priorities, consumers are consistently seeking proactive stress management solutions. Furthermore, the data reinforces the established movement toward active aging, showing how individuals prioritize life stage over age by investing in preventative care to maintain their independence and vitality.
"The future of consumer healthcare is defined by empowerment, prevention, and personalization," said Hornberger. "As Americans take greater ownership of their well-being, the wellness solutions that are best positioned to capture sustained growth in this evolving self-care economy will be those that lead with trust, relevance, and holistic solutions."
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About Circana
Circana is a leader in providing technology, AI, and data to fast-moving consumer packaged goods companies, durables manufacturers, and retailers seeking to optimize their businesses. Circana's predictive analytics and technology empower clients to measure their market share, understand the underlying consumer behavior driving it, and accelerate their growth. Circana's Liquid Data(R) technology platform is powered by an expansive, high-quality data set and intelligent algorithms trained on six decades of domain expertise. With Circana, clients can take immediate action to future-proof and evolve their growth strategies amid an increasingly complex, fast-paced, and ever-changing economy. Learn more at circana.com.
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Original text here: https://www.circana.com/post/u-s-consumer-healthcare-market-reaches-107-billion-as-americans-double-down-on-proactive-wellness
[Category: BizConsulting]
PSA Singapore Strengthens Global Maritime Leadership With Motorola Solutions' Technology
SCHAUMBURG, Illinois, April 17 -- Motorola Solutions issued the following news release:
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PSA Singapore Strengthens Global Maritime Leadership with Motorola Solutions' Technology
SINGAPORE - PSA Singapore has chosen Motorola Solutions' (NYSE: MSI) advanced TETRA digital radio communications to strengthen safety and efficiency across its operations while supporting its ongoing expansion through the Tuas Mega Port project.
"PSA Singapore is a strategic hub for global trade that facilitates the movement of more than 40 million Twenty-foot Equivalent Unit (TEU) shipping containers annually
... Show Full Article
SCHAUMBURG, Illinois, April 17 -- Motorola Solutions issued the following news release:
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PSA Singapore Strengthens Global Maritime Leadership with Motorola Solutions' Technology
SINGAPORE - PSA Singapore has chosen Motorola Solutions' (NYSE: MSI) advanced TETRA digital radio communications to strengthen safety and efficiency across its operations while supporting its ongoing expansion through the Tuas Mega Port project.
"PSA Singapore is a strategic hub for global trade that facilitates the movement of more than 40 million Twenty-foot Equivalent Unit (TEU) shipping containers annuallyacross 600 ports around the world," said Philbert Chua, container division managing director, PSA Singapore. "The development of the Tuas Mega Port is a long-term strategic investment that leverages advanced technologies and innovations to strengthen Singapore's competitiveness, resilience and agility in managing the growing complexities and challenges of global supply chains."
Motorola Solutions' TETRA network supports more than 4,000 users with an average of 540,000 voice calls made every day to coordinate complex, 24/7 port operations and maintain safety as containers, vessels and staff move between terminals.
Tuas Mega Port will become the world's largest, fully automated container terminal and is being developed in four phases. When fully operational in the 2040s, the Tuas Port will be capable of handling up to 65 million TEU shipping containers annually.
"Our 20-year relationship with PSA Singapore is built on a shared understanding that safety is the foundation of productivity," said Rajat Gupta, vice president for Asia Middle East & Africa, Motorola Solutions. "As Tuas Port scales to become the world's largest container terminal, our focus remains on providing the secure and reliable communication and services that personnel need to collaborate seamlessly every day."
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About Motorola Solutions | Solving for safer
Safety and security are at the heart of everything we do at Motorola Solutions. We build and connect technologies to help protect people, property and places. Our solutions foster the collaboration that's critical for safer communities, safer schools, safer hospitals, safer businesses, and ultimately, safer nations.
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Original text: https://www.motorolasolutions.com/newsroom/press-releases/psa-singapore-strengthens-global-maritime-leadership.html
[Category: BizTelecommunications]
Klook Expands Its Experiences Offering to Include Sports & Live Events, Unveiling a Blockbuster Line-Up Across Four of the World's Biggest Properties
HONG KONG, April 17 -- Klook, Asia's platform for experiences and travel services, issued the following news:
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Klook Expands Its Experiences Offering to Include Sports & Live Events, Unveiling a Blockbuster Line-Up Across Four of the World's Biggest Properties
The move positions Klook as a single destination for fans building full trips around the world's most-attended sporting events.
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Klook, a leading pan-regional experiences platform in Asia Pacific, today announced the expansion of its offerings to include sports and live events. The launch brings four of the world's most attended
... Show Full Article
HONG KONG, April 17 -- Klook, Asia's platform for experiences and travel services, issued the following news:
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Klook Expands Its Experiences Offering to Include Sports & Live Events, Unveiling a Blockbuster Line-Up Across Four of the World's Biggest Properties
The move positions Klook as a single destination for fans building full trips around the world's most-attended sporting events.
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Klook, a leading pan-regional experiences platform in Asia Pacific, today announced the expansion of its offerings to include sports and live events. The launch brings four of the world's most attendedsporting properties onto a single platform: World Cup 2026, Roland-Garros 2026, Wimbledon 2026, and Formula 1(TM). For fans, it means the ability to book premium matchday access alongside tours, transport, and local experiences all through Klook.
Mega-Events Are Now the Starting Point for Travel, Not an Add-On
The expansion responds to a measurable behavioral shift. Findings from Klook's Travel Pulse 2026 show that mega-events have become primary motivators for international travel, not secondary considerations.
* 1 in 5 global travelers now plans their entire vacation around a specific event (Klook Travel Pulse, 2026)
* 25% cite sporting matches as their primary travel motivator (Klook Travel Pulse, 2026)
* 91% of fans use mega-events as a springboard for a longer trip, rather than traveling purely for the event itself (Klook Travel Pulse, 2026)
* 41% extend their stay by at least three days to explore local attractions beyond the event venue (Klook Travel Pulse, 2026)
* Nearly half of event travelers secure tickets one to six months in advance, creating an extended planning window for the full trip (Klook Travel Pulse, 2026)
These patterns signal a structural change in how fans travel: the event comes first, and the destination experience builds around it.
"The World Cup, Roland-Garros, Wimbledon, Formula 1(TM) -- these are the most iconic sporting events that fans build their year around, and they're increasingly becoming reasons for people to travel. Bringing all four onto our platform means fans can build the complete trip around them, from premium hospitality and match access to local tours, transport, connectivity, and more. That's the depth we've always been bringing to the experiences space, enabling travelers to uncover what makes a destination come alive, now on the world's biggest stages," said Nathan Szabo, Head of Western Supply and Strategic Partnerships, Klook.
World Cup 2026
World Cup 2026 spans 16 host cities across the United States, Canada, and Mexico from 11 June to 19 July 2026, the largest edition of the tournament in history. Klook brings fans the opportunity to access World Cup 2026 hospitality packages featuring premium seating, elevated dining, and exclusive matchday environments.
Roland-Garros 2026
As Official Hospitality Reseller for Roland-Garros 2026, Klook offers VIP packages that include priority courtside seating, exclusive access to hospitality areas, personalized welcome experiences, and curated Parisian dining. The event, held at Stade Roland-Garros in Paris from 24 May to 7 June 2026, is one of four tennis Grand Slams, drawing fans from across APAC who pair tournament attendance with broader France and Europe itineraries.
Wimbledon 2026
Wimbledon 2026 debentures are now available on Klook. Held at the All England Club in London from 29 June to 12 July 2026, Wimbledon is the oldest and most prestigious tennis Grand Slam in the world. Klook offers debenture seats on Centre Court and Court No. 1, giving fans guaranteed access and premium sightlines to the sport's defining matches.
Formula 1(TM)
Formula 1(TM) hospitality and tickets are available across all 24 races on the 2026 global calendar. Klook offers a wide range of options per race, from grandstand and stand locations to hospitality inclusions, including single-day passes covering Friday qualifying, ensuring accessible entry points across every circuit on the calendar.
The Market Context: Sports Tourism Is a Structurally Growing Category
The sports tourism market is valued at USD 813.38 billion in 2026 and is projected to reach USD 1,984.17 billion by 2034, representing a compound annual growth rate of 11.79% over the forecast period. Klook's expansion into this category positions the platform at the intersection of two converging trends: the rise of event-driven travel and growing demand for integrated trip planning across a single platform.
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Original text: https://www.klook.com/newsroom/klook-sports-live-events-launch/
[Category: BizTravel]
Gap Inc. and Microsoft Research Explores How Human-Centered AI Training Key to Enterprise Adoption
SAN FRANCISCO, California, April 17 [Category: BizConsumer Services] -- Gap, a retailer of clothing and accessories, posted the following news release on April 16, 2026:
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Gap Inc. and Microsoft Research Explores How Human-Centered AI Training Key to Enterprise Adoption
Pioneering study highlights how mindset - not just access - shapes AI enablement
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Gap Inc. (NYSE: GAP) today announced new research conducted in partnership with Microsoft that offers a real-world look at how employees work with generative AI - and what it takes to unlock its full value.
The field study, conducted with
... Show Full Article
SAN FRANCISCO, California, April 17 [Category: BizConsumer Services] -- Gap, a retailer of clothing and accessories, posted the following news release on April 16, 2026:
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Gap Inc. and Microsoft Research Explores How Human-Centered AI Training Key to Enterprise Adoption
Pioneering study highlights how mindset - not just access - shapes AI enablement
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Gap Inc. (NYSE: GAP) today announced new research conducted in partnership with Microsoft that offers a real-world look at how employees work with generative AI - and what it takes to unlock its full value.
The field study, conducted with388 Gap Inc. employees across functions and job levels, tested how different approaches to AI adoption impact performance, collaboration, and mindset.
The findings point to a critical insight for organizations investing in AI: access to tools alone is not enough - how employees are trained to think and work with AI matters more.
Among the key findings:
* Employees who received AI Mindset training were twice as likely to produce top-quality work
* How organizations measure AI-augmented work matters - generic evaluation tools may miss differences in quality
* Teams required to follow rigid AI workflows scored nearly 5 points lower in document quality than those using AI naturalistically
These insights are shaping Gap Inc.'s AI strategy to enable, optimize, and reinvent the business - particularly through a focus on employee enablement. The company is investing in building AI fluency, embedding AI into workflows, and shifting mindset so employees work with AI as collaborators.
"Microsoft partnered with Gap Inc. because of the scale and diversity of its workforce and its leadership in applying AI in real-world settings," said Alexia Cambon, a Director in Microsoft's Office of Applied Research. "Developed with Conor Grennan, CEO of AI Mindset - this study offers empirical evidence that employees' mindset toward AI drives outcomes. These insights will help shape how organizations operationalize AI at scale."
"AI is already a durable part of how work gets done at Gap Inc., but this study makes one thing clear - value doesn't come from access alone," said Sven Gerjets, Chief Technology Officer, Gap Inc. "It comes from how our teams engage with the technology. That's why we're investing in enablement at scale - so every employee can use AI as a true thought partner."
As generative AI adoption accelerates, Gap Inc. believes there is a clear takeaway for leaders and organizations everywhere: AI is a long-term growth enabler - but only when paired with the right training, mindset, and operating model.
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Don't miss out on the latest Gap Inc. news! Sign-up to get email alerts about news on Gap Inc. and our brands.
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Original text here: https://www.gapinc.com/en-us/articles/2026/04/gap-inc-and-microsoft-research-explores-how-human-
FIS Leads Core Banking Modernization for Second Straight Year, Everest Group Core Banking Report Finds
JACKSONVILLE, Florida, April 17 (TNSxrep) -- FIS, a financial technology company, issued the following news release:
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FIS Leads Core Banking Modernization for Second Straight Year, Everest Group Core Banking Report Finds
* For the second consecutive year, FIS has been ranked #1 in the Everest Group Top 50(TM) Core Banking Technology Providers 2026 report, the industry's leading independent benchmark of core banking platform scale, innovation, and global reach.
* In addition to the #1 overall ranking, FIS was recognized among core banking technology providers making agentic AI investments
... Show Full Article
JACKSONVILLE, Florida, April 17 (TNSxrep) -- FIS, a financial technology company, issued the following news release:
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FIS Leads Core Banking Modernization for Second Straight Year, Everest Group Core Banking Report Finds
* For the second consecutive year, FIS has been ranked #1 in the Everest Group Top 50(TM) Core Banking Technology Providers 2026 report, the industry's leading independent benchmark of core banking platform scale, innovation, and global reach.
* In addition to the #1 overall ranking, FIS was recognized among core banking technology providers making agentic AI investments- reflecting the company's commitment to embedding next-generation AI capabilities across its banking platforms.
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Banks are modernizing or falling behind, and the institutions responsible for safeguarding trillions in deposits cannot afford to get that choice wrong. For the second consecutive year, FIS(R) (NYSE: FIS), a global leader in financial technology, has been ranked #1 by Everest Group among the world's top 50 core banking technology providers. The recognition affirms FIS's position as the partner financial institutions trust to navigate one of the most consequential technology transitions in the industry's history.
The recognition comes as banks face mounting pressure to modernize the core systems that safeguard money at rest - the deposits, accounts, and balances at the heart of every banking relationship. Everest Group's 2026 report highlights modular architectures, AI-led automation, and composable, cloud-native platforms as the trends reshaping that journey. FIS's back-to-back #1 ranking reflects its ability to guide institutions through that transformation, across every layer of the money lifecycle.
Beyond the top overall ranking, FIS was recognized among core banking technology providers making agentic AI investments, a distinction that reflects the company's active work to embed AI as a strategic accelerant across its banking platforms, helping financial institutions move faster without disrupting the infrastructure they depend on. FIS also received regional Spotlight recognition in North America and the Middle East and Africa and was acknowledged among providers serving credit unions.
"Being ranked #1 for the second consecutive year reflects what our clients are experiencing every day," said Peter Boyer, SVP, Head of Global Banking, FIS. "Banks are in the midst of one of the most consequential modernization cycles in a generation - one that demands a partner with the scale, technology, and deep expertise to deliver real outcomes. That's the standard we hold ourselves to, and this recognition affirms we're meeting it."
FIS's core banking platforms, including Modern Banking Platform, Profile, Systematics, Integrated Banking Solutions (IBS), and HORIZON, serve over 500 clients across 5 countries, driving activity across ~200M accounts worldwide. Built on an open, API-first architecture and strengthened through decades of strategic investment and M&A, FIS gives financial institutions the breadth to modernize incrementally: connecting core banking with digital, payments, and fraud prevention capabilities, and deploying AI-powered solutions without disrupting existing infrastructure.
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About the ranking:
The Everest Group Top 50(TM) assesses 50 global providers on a weighted composite score, with revenue and customer base carrying the greatest weight at 50%. FIS placed first across all four parameters.
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About FIS
FIS is a financial technology company providing solutions to financial institutions and businesses. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500(R) and the Standard & Poor's 500(R) Index.
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Original text here: https://www.fisglobal.com/about-us/media-room/press-release/2026/fis-leads-core-banking-modernization-for-second-straight-year
[Category: BizFinancial Services]
Duke Energy Foundation Announces First Round of America250 Grants to Strengthen Florida Communities
CHARLOTTE, North Carolina, April 17 -- Duke Energy issued the following news release:
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Duke Energy Foundation announces first round of America250 grants to strengthen Florida communities
ST. PETERSBURG, Fla. - To strengthen communities across Florida as the nation approaches its 250th anniversary, the Duke Energy Foundation is awarding $22,500 to five nonprofit organizations through its America250 initiative. The grants are part of a first round investment totaling more than $250,000 across the company's six state service area.
High-impact investments:
* The Citizens of Gulf County Recovery
... Show Full Article
CHARLOTTE, North Carolina, April 17 -- Duke Energy issued the following news release:
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Duke Energy Foundation announces first round of America250 grants to strengthen Florida communities
ST. PETERSBURG, Fla. - To strengthen communities across Florida as the nation approaches its 250th anniversary, the Duke Energy Foundation is awarding $22,500 to five nonprofit organizations through its America250 initiative. The grants are part of a first round investment totaling more than $250,000 across the company's six state service area.
High-impact investments:
* The Citizens of Gulf County RecoveryTeam is preserving affordable housing for Gulf County residents. On 10 lots donated by the Gulf County Board of County Commissioners, the organization is building homes that, while valued at $450,000, will be offered to eligible buyers - prioritizing county and city employees, first responders, health care workers and educators - with a mortgage of approximately $250,000 (considering the donated lot and other subsidies). The $5,000 grant from the Duke Energy Foundation will help offset the cost of purchasing energy efficient appliances for each home.
* With $5,000 from the Duke Energy Foundation, the Foundation for Parks & Recreation Community Support will build an ADA-compliant dune walkover boardwalk at Sunset Park in Mexico Beach. The boardwalk will provide safe, sustainable access over the existing dune system, allowing both local residents and visitors with mobility challenges to reach the shoreline without impacting the dunes' integrity or role as a natural storm buffer.
* The Jefferson County Historical Association will use $5,000 from the Duke Energy Foundation to transform the City of Monticello into a "living celebration of American independence" leading up to and on the Fourth of July. The observance will include a Tribute to the Troops concert, a fireworks display and other immersive, multi-generational activities.
* A $2,500 award from the Duke Energy Foundation will allow Keep Alachua County Beautiful to participate in the nation's largest community improvement program, the Great American Cleanup. Conducted over a two-month period from April through May, the program will mobilize volunteers to clean public spaces, address illegal dumping and promote greater awareness around waste reduction and responsible disposal.
* The All Veterans Center in Polk County will provide nearly 1,000 hot meals for veterans and their families at two separate events, one in the spring and another at the end of the year, using $5,000 from the Duke Energy Foundation to purchase food.
Positive response:
* Kathy Gilbert, Citizens of Gulf County Recovery Team executive director: "We are grateful for Duke Energy's support. Safe and affordable housing for our citizens takes commitment from the public, corporate and government sectors. It lies at the core of a healthy, sustainable community. Duke Energy knows that and their generosity means a great deal to a great many."
* Kimberly Shoaf, Foundation for Parks & Recreation Community Support vice president: "The partnership between Duke Energy and PARCs to assist in providing an ADA-compliant walkover in Mexico Beach is a testament to strong community support. We appreciate Duke Energy's continued investment in the communities they serve and their role in helping create accessibility for all."
* Claudette McRae, Jefferson County Historical Association treasurer: "Jefferson County enthusiastically anticipates partnering with Duke Energy to celebrate our nation's 250th anniversary. Duke Energy has always been a leader in our county and played an active role in its future growth."
* Carlos Gonzalez, Keep Alachua County Beautiful executive director: "This investment directly strengthens our effort to build neighborhood pride, reduce blight and encourage long-term stewardship throughout Alachua County. We are truly grateful for Duke Energy's partnership and thank them for believing in our mission to create cleaner, greener and more vibrant communities."
* Harvey R. Engle, All Veterans Center chief operating officer: "We are afforded opportunities to provide special activities for our veterans through the kindness and generosity of community minded businesses such as Duke Energy. Thank you, Duke Energy, for your support and desire to be a part of our veteran care process."
More to come:
These grants represent the first announced awards under the Duke Energy Foundation's America250 initiative, a more than $1 million investment in community driven projects throughout the company's service territories to recognize America's 250th anniversary. Additional grant recipients will be announced later this spring, including support for veterans' workforce pathways and initiatives that expand access to history and civics education.
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Duke Energy Foundation
The Duke Energy Foundation provides nearly $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.
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Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,500 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.
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Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
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Original text here: https://news.duke-energy.com/releases/duke-energy-foundation-announces-first-round-of-america250-grants-to-strengthen-florida-communities
[Category: BizEnergy]
Booz Allen Invests in Maritime Autonomy
MCLEAN, Virginia, April 17 -- Booz Allen Hamilton, an information technology information company, issued the following news release on April 16, 2026:
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Booz Allen Invests in Maritime Autonomy
Scales Booz Allen's offerings across autonomous undersea capabilities
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Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, has invested in Ulysses, a San Francisco-based maritime robotics company developing cost-efficient, high-volume autonomous surface and underwater vehicles for maritime operations.
Amid rising demand for low-cost, scalable
... Show Full Article
MCLEAN, Virginia, April 17 -- Booz Allen Hamilton, an information technology information company, issued the following news release on April 16, 2026:
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Booz Allen Invests in Maritime Autonomy
Scales Booz Allen's offerings across autonomous undersea capabilities
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Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, has invested in Ulysses, a San Francisco-based maritime robotics company developing cost-efficient, high-volume autonomous surface and underwater vehicles for maritime operations.
Amid rising demand for low-cost, scalableunmanned undersea systems, Booz Allen's investment in Ulysses enhances the firm's ability to deliver integrated maritime solutions, particularly across mine countermeasures, multi-vehicle swarming and survey missions, and operations requiring platforms designed for high-risk environments.
"Maritime forces need affordable and scalable systems undersea. That demand will require us to build and field autonomous undersea platforms that can be integrated with the Navy's future hybrid fleet," said Jennie Brooks, executive vice president at Booz Allen and a leader of the company's Navy-Marine Corps portfolio. "Together, Ulysses and Booz Allen can provide advanced technology solutions for the undersea domain at speed, scale, and cost."
Ulysses develops surface and underwater vehicles optimized for cost-efficient, high-volume deployment in complex maritime environments. Its platforms combine cost-efficient hardware with advanced onboard computers to enable next-generation autonomy, unlocking new concepts of operations and mission adaptability.
"The ocean is the last great frontier," said Akhil Voorakkara, co-founder and CEO of Ulysses. "Every other domain--land, air, space--has seen a revolution in access and capability in the past two decades. The ocean hasn't. Operating at sea still means crewed vessels at tens of thousands of dollars a day, and most of the ocean goes completely unmonitored as a result. We're building autonomous systems that change that equation by orders of magnitude--vehicles that can survey, inspect, and protect our oceans at a scale that's never been possible."
Designed for infrastructure inspection, environmental monitoring, and search and recovery, Ulysses platforms are applicable across diverse operational environments. By integrating these capabilities, Booz Allen is expanding its ability to deliver cost-saving solutions where significant mission need exists.
"This investment reflects our commitment and conviction that maritime autonomous systems will be a defining domain for years to come in building and ensuring maritime dominance," said Brian MacCarthy, managing partner of Booz Allen Ventures. "By backing dual-use, venture-backed startups like Ulysses, we are expanding our portfolio into robotics and autonomy and building capabilities that enable deployment at speed across sea, air, and land."
The investment is part of Ulysses' Series A funding round, led by Andreessen Horowitz's (a16z) American Dynamism fund. It marks Booz Allen's first investment in the maritime sector and its first investment in parallel with a16z since announcing a partnership in January 2026 to build and accelerate the adoption of advanced tech to drive America's tech supremacy.
"Our partnership with Booz Allen was built on a shared conviction that the best commercial technology should reach the missions that need it most," said Jen Kha, head of global partnerships at Andreessen Horowitz. "Ulysses is exactly the kind of company we had in mind, a bold team building critical capabilities at the intersection of autonomy and maritime defense. Seeing this investment happen in parallel with Booz Allen is a proof point that our collaboration is already delivering."
Launched in 2022, Booz Allen Ventures makes strategic investments in visionary, early-stage startups that are focused on AI, defense tech, deep tech, cybersecurity, space, and reindustrialization. The fund tripled to $300 million last year, building on the success of investments across portfolio companies to date.
Read more about Booz Allen Ventures (https://protect.checkpoint.com/v2/r01/___https:/www.boozallen.com/expertise/tech-ecosystem/ventures.html___.YzJ1OnBhdWxiYWtlcm5vdGlmaWVkY29tOmM6bzoxN2UyNjZkNzBkZGVjMzg2OTgxOGE1ZWQxNGZkZGNhNTo3OmIxNTY6OGRkNzQ5NWVjOTNmMzgzODA2NzVkNTQ2MmNhZGI4YjIwNTNhMDAzMDQ0MjhhNjI3NTZkM2UyYzQyMWNkZWY3OTpwOkY6Tg) and the company's autonomy capabilities (https://protect.checkpoint.com/v2/r01/___https:/www.boozallen.com/markets/defense/mission-ready-scalable-autonomy.html___.YzJ1OnBhdWxiYWtlcm5vdGlmaWVkY29tOmM6bzoxN2UyNjZkNzBkZGVjMzg2OTgxOGE1ZWQxNGZkZGNhNTo3OjEyNGQ6YzhlZDY1MjFlYmRhOGZkZmQ3YjI1YWE2ZWQwZGE2OTVjMzY4ZWNkNzNkNmVhYTMwNTY5OTRkNzkwMmY2ZjQwNzpwOkY6Tg).
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About Booz Allen Hamilton
Booz Allen is the advanced technology company delivering outcomes with speed for America's most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, customers, and their missions to succeed--accelerating the nation to realize our purpose: Empower People to Change the World(R).
With global headquarters in McLean, Virginia, our company employs approximately 31,600 people globally as of December 31, 2025, and had revenue of $12.0 billion for the 12 months ended March 31, 2025. To learn more, visit www.boozallen.com. (NYSE: BAH)
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URL: Booz Allen Ventures
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Original text here: https://newsroom.boozallen.com/news-releases/news-release-details/booz-allen-invests-maritime-autonomy
[Category: BizConsulting]
