Austal logo — Innovative on land. Exceptional at sea.

Austal

Innovative on land. Exceptional at sea.

Founded 1988 Australia Henderson, Australia 1915 employees IPO Total: $156.40M Design, Manufacturing +1

General Information

Company Name Austal
Founded Year 1988
Location Australia Henderson, Australia +4
Founders / Decision Makers
Team member
Employees 1915
Industries Design, Manufacturing, Construction
Funding Stage IPO
Social

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About Austal

Austal, known for its slogan "Australia's Global Shipbuilder", stands as a prominent player in both the commercial and defense vessel markets. Founded in 1988, Austal has emerged as Australia’s largest defence exporter and the first ASX-listed shipbuilder. This seasoned shipbuilder has completed projects for over 121 operators across 59 countries, constructing a whopping 356 vessels to date.

Celebrating 35 years of consistent growth by 2023, Austal boasts industry-leading facilities in Australia, the United States, The Philippines, and Vietnam, along with a network of service centers worldwide. Their expertise spans from creating the world’s largest aluminum ships to specialized defense vessels like the Littoral Combat Ship (LCS) and Expeditionary Fast Transport (EPF) for the United States Navy.

A recent milestone in Austal's financial journey was achieved through a Post IPO Equity investment on 01 January 2026 by Hanwha, underscoring investor confidence in Austal's competitive positioning and growth potential.

Taxonomy: Shipbuilding, Defence Vessels, Commercial Vessels, Aluminium Shipbuilding, Naval Design, Monohull Vessels, Catamaran Vessels, Trimaran Vessels, Littoral Combat Ship (LCS), Expeditionary Fast Transport (EPF), Cape Class Patrol Boat, Passenger Ferries, Offshore Patrol Vessels, Ship Repairs, In Service Support

Services & Products

Design and construction of vessels
Shipbuilding for defense and commercial sectors
Supply chain management
Vessel sustainment and lifecycle management
Advanced maritime technology

Target Customers

Defense operators Commercial maritime operators Government agencies Global maritime supply chain partners

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Post Ipo Equity •••••• 1
Investor
01 Jan 2026
Post Ipo Debt •••••• 1
Investor
01 Jun 2025
Post Ipo Equity •••••• 1
Investor
01 Mar 2025
Growth Equity Vc •••••• 1
Investor
01 Sep 2022
Post Ipo Equity •••••• 1 •••• •••• 01 May 2022

View All 6 Funding Rounds

Austal Alternatives & Competitors

View All Alternatives
Austal vs
MARSUN
MARSUN Thailand

We serve custom-built vessels from 30 to 200 feet long with precious experienced.

63 employees
Austal vs

We bring on board of our ships a green and digital future. #FutureOnBoard

IPO
6954 employees
Energy, Industrial
Austal vs

Industry leader in designing and building world-class aluminum passenger and vehicle ferries.

96 employees
Logistics and Delivery

FAQ About Austal

Innovative on land. Exceptional at sea.
Austal was founded in 1988.
Austal is headquartered in Henderson, Australia.
Austal operates in the following industries: Design, Manufacturing, Construction.
Austal has approximately 1915 employees.
Austal has completed 6 funding rounds, raising a total of $156.40M. The latest funding stage is IPO.
Austal offers: Design and construction of vessels, Shipbuilding for defense and commercial sectors, Supply chain management, Vessel sustainment and lifecycle management, Advanced maritime technology.
Top alternatives and competitors to Austal include MARSUN, FINCANTIERI, Incat Tasmania, VT Halter Marine, Hanwha Philly Shipyard. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Austal and MARSUN are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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