in Defence / Security

SubSea Craft appoints Camilla Martin as CEO

Posted 30 January 2024

Portsmouth based advanced maritime technology company, SubSea Craft (SSC), has today announced the appointment of Camilla Martin – previously the company’s CFO – as Chief Executive Officer (CEO).

Above: SubSea Craft's Portsmouth facilities.
Courtesy SSC

Camilla Martin replaces Scott Verney as CEO (who held the role for over four years), following Verney’s decision to step down in December 2023. Camilla originally joined SubSea Craft in 2019 after a career in the city and then the retail sector and has spearheaded the company’s international push as the company has grown its offer to prospective buyers.

The change comes at the beginning of a busy year for the fast-growing maritime technology company. Following proof-of-concept for SubSea’s flagship product VICTA (above) – an optionally crewed maritime platform for surface and subsurface operations – SubSea is ramping up its extensive conversations with various UK allies about procuring the craft.

The company is focusing heavily on developing its ability to manufacture VICTA at scale, to handle projected demand for the next-generation craft as navies increasingly turn to more agile and advanced technology solutions to handle contested maritime spaces. Alongside their core platform, SSC will continue to invest in R&D programmes in complementary areas such as advanced materials.

This follows the company being awarded several contracts by the Ministry of Defence to develop advanced capabilities, including through the ‘Uncrewed Surface/Sub-Surface Vessel’ contract.

Camilla Martin, Chief Executive Officer of SubSea Craft, said: “I’m delighted to take on the role of CEO at SubSea Craft and lead the business into the next stage of growth. Having achieved proof-of-concept for VICTA and with discussions reaching an advanced stage with a number of the UK’s global allies, it will be a pivotal year for the company.

“Developing new and cutting-edge technology is an exciting journey and this is the foundation of what we do at SubSea. My vision and that of my brilliant and widely experienced management team, is to continue to push the art of the possible. We will provide militaries and other clients with access to rapid needs-driven solutions, applicable to the challenges they face.”

Graham Allen, Chairman of SubSea Craft, said: “Camilla has played a huge role in the leadership of Subsea Craft over the over the last four years, making her perfectly placed to lead the business into the next stage of growth. She also has a wealth of commercial experience prior to SubSea Craft which will ensure the business reaches the next important milestone."




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