SubSea Craft Takes 40% Stake in Battery Specialist LORILLION to Secure VICTA Supply Chain

Alastair Roberts

PUBLISHED

August 17, 2026

SubSea Craft has acquired a 40% equity stake in battery engineering specialist LORILLION, securing sovereign UK control over the mission-critical power systems behind its VICTA maritime insertion craft and funding a new production facility in the Midlands. SubSea Craft has completed a strategic investment, acquiring a 40% equity interest in LORILLION, the UK battery engineering specialist, to strengthen sovereign UK capability in designing, industrialising and manufacturing specialist battery systems for defence, marine and automotive applications. The investment builds on an existing technical relationship between the two companies, merging LORILLION’s battery engineering expertise with SubSea Craft’s advanced maritime platforms. LORILLION develops…

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