Fundraising FoxRad Propulsion
3 known investors
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RAD engineers advanced systems architecture for next-generation marine platforms, serving the offshore, defence, and oceanographic sectors. The company specializes in intelligent control systems and scalable architecture for marine robotic vessels.
Founders & leadership
RD
Rich DaltryCo-founder / directorRich Daltry is a naval architect with over 20 years in the maritime sector, including 13 years as co-founder of ASV Global (acquired by L3Harris in 2018), and currently serves as Co-CEO and Co-founder of RAD, which develops intelligent control systems and architecture for autonomous marine vessels.
DH
Dan HookCo-founder / CEODan Hook is a qualified Naval Architect and Chartered Engineer with over 20 years in uncrewed and autonomous marine systems. He studied at the University of Southampton, worked as a Naval Architect and Technical Director at Seaspeed Marine Consulting, co-founded ASV Global (acquired by L3 Harris), served as Managing Director of Armada (Ocean Infinity) and held the group CTO role overseeing uncrewed ship technology development, and is now Co-founder and CEO of Rad Propulsion.
Investors · 3
Companies House · registry record
View on Companies House ↗- Registered name
- RAD PROPULSION LTD
- Company number
- 11700102
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 27 Nov 2018
- Registered office
- Appledram Barns, Birdham Road, Chichester, PO20 7EQ
- Nature of business (SIC)
- 71122 — Engineering related scientific and technical consulting activities
- Accounts
- last made up to 31 Dec 2025 · next due 30 Sept 2027
- Confirmation statement
- last made up to 26 Nov 2025 · next due 10 Dec 2026
Current officers · 5
- Peter Ross Byford — director, appointed 8 Jun 2026
- Richard Daltry — director, appointed 27 Nov 2018
- Daniel James Hook — director, appointed 27 Nov 2018
- Mercia Fund Management (nominees) Limited — corporate director, appointed 20 Feb 2026
- One Planet Capital Limited — corporate director, appointed 20 Feb 2026
Source: Companies House public register · retrieved 7 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.
Frequently asked questions
- What does Rad Propulsion do?
- RAD engineers advanced systems architecture for next-generation marine platforms, serving the offshore, defence, and oceanographic sectors. The company specializes in intelligent control systems and scalable architecture for marine robotic vessels.
- Who founded Rad Propulsion?
- Rad Propulsion was founded by Rich Daltry, Dan Hook.
- Who are Rad Propulsion's investors?
- Rad Propulsion's investors include One Planet Capital, The FSE Group, Vala Capital.