Corporate Development Analyst at Saronic

Austin, Texas, United States

Saronic Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
DefenseIndustries

Requirements

  • 2+ years of experience in corporate development, investment banking, private equity, consulting, or a related field
  • Strong financial modeling and valuation skills, including experience building complex financial models from scratch
  • Experience with a variety of deal structures, including M&A, carve-outs, equity investments, and joint ventures
  • Excellent analytical, problem-solving, and communication skills (both written and verbal)
  • Ability to work independently and as part of a team, with strong attention to detail and fluent project management skills
  • U.S. Person status (U.S. citizen, legal permanent resident, or certain protected asylees/refugees) due to export-controlled information

Responsibilities

  • Contribute across the full lifecycle of an M&A transaction, including deal sourcing, due diligence, closing, and post-acquisition integration
  • Build and maintain detailed financial models and valuation analyses to support deal evaluations and recommendations
  • Conduct comprehensive industry and competitive analysis to identify potential acquisition targets, investment opportunities, and strategic partnerships
  • Collaborate with internal cross-functional teams, including engineering, operations, finance, and legal to ensure seamless execution
  • Present transaction proposals and recommendations to senior management
  • Develop and maintain strong relationships with investment banks, advisors, consultants, and other industry professionals

Skills

Financial Modeling
Valuation Analysis
M&A
Due Diligence
Deal Sourcing
Competitive Analysis
Deal Structures

Saronic

Develops advanced autonomous surface vessels

About Saronic

Saronic Technologies develops Autonomous Surface Vessels (ASVs) that enhance the capabilities of naval and maritime forces. These vessels utilize adaptive path planning, passive sensors, and advanced algorithms, along with edge computing, to effectively identify and track targets. They are designed to operate in challenging environments, using resilient multichannel communications to support both manned and unmanned operations. Saronic Technologies differentiates itself by focusing on military and defense clients, aiming to improve situational awareness, extend operational reach, and enhance survivability during maritime missions. The company's goal is to provide solutions that integrate seamlessly with existing operational strategies or support new maritime tactics, generating revenue through the sale of ASVs and related customization services.

Austin, TexasHeadquarters
2022Year Founded
$223.7MTotal Funding
SERIES_BCompany Stage
DefenseIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Parental Leave
401(k) Retirement Plan
Stock Options
Life Insurance
Disability Insurance

Risks

Increased competition from other defense tech startups threatens Saronic's market share.
Rapid AI advancements may require costly updates to maintain competitive ASV systems.
Geopolitical tensions could hinder international collaborations and foreign government sales.

Differentiation

Saronic integrates AI, hardware, and software into scalable, fully integrated maritime platforms.
Their ASVs feature adaptive path planning and advanced algorithms for effective target tracking.
Saronic's multichannel communications enable seamless manned-unmanned teaming in contested environments.

Upsides

Raised $175M in Series B funding, reaching a $1 billion valuation in 2024.
Growing demand for autonomous vessels in defense and commercial sectors boosts market potential.
AI integration in ASVs enhances decision-making and operational efficiency for maritime missions.

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