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The ocean remains largely unexplored and mysterious despite its critical importance, and we now have the technological tools to change that.

Ulysses was founded to build underwater robots for ecosystem restoration, but expanded to address the broader challenge that underwater work is too expensive and difficult across nature, offshore industry, and defense. ✦ AI generated

Ulysses founder · a16z Podcast · 2026-08-05 · original ↗

starts at this moment · 0:47

We started Ulysses 3 years ago in the effort to build underwater robots to solve a very specific problem. We wanted to massively scale up underwater ecosystem restoration. But in doing that and going after that problem, we realized that there is a lot more than underwater ecosystem restoration that needs to be scaled up. Work underwater being expensive or difficult was a limiting factor and not only applications in nature in offshore industry and in defense too.

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0:47We started Ulyses 3 years ago in the effort to build underwater robots to solve a very specific problem. [music] We wanted to massively scale up underwater ecosystem restoration. But in doing that and going after that problem, we realized that there is a lot more than underwater ecosystem restoration that needs to be scaled up. Work underwater being expensive or difficult was a limiting factor and not only applications in nature in offshore

1:19industry and in [music] defense too. E AI super cycle is increasing demand for subc cables. It's increasing demand for critical minerals. It's increasing demand for energy. These are all things which the ocean is a primary [music] resource for. There's going to be robots that operate in and manage every domain 10 [music] to 15 years from now. You see it already happening on land with self-driving cars and in the [music] air

1:43with delivery drones and things like that. We're the ones building the robots for the ocean. >> We're already [music] pretty much supply limited instead of demand limited, which is a good problem to have. The demand hasn't been constrained to one domain like defense or commercial crowd. Both sides honestly, people can't [music] seem to get enough. There are so many people chomping at the bit to have vehicles [music] that are reliable come

2:05in at a cost that's low enough that they can get them at a meaningful scale and capable enough to [music] actually do the things that matter in the ocean. All >> right. So this tenuous ceasefire in the Middle East negotiations have largely centered on that crucial shipping point, the straight of Hormuz. Today was an exercise in messaging whiplash about whether or not the straight was actually open. Is there any way to be sure those

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