Collaborative autonomy: Why software will define the future of defense

Pat Kratus, Head of Technology, KeyBanc Capital Markets
October 2026

<p>Collaborative autonomy: Why software will define the future of defense</p>

At the KeyBanc Capital Markets Technology Leadership Forum, Havoc CEO Paul Lwin outlined why the future of autonomy will be won in software, not hardware, then demonstrated the concept with a live operation conducted from 2,000 miles away. In a conversation with Pat Kratus, Head of Technology Investment Banking, Lwin introduced a category he calls collaborative autonomy: describing intent and allowing machines to determine execution, then coordinating that execution across multiple autonomous systems at scale.

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One human needs to be able to supervise hundreds or thousands of these things.

Paul Lwin
Co-Founder and CEO
Havoc

It is a departure from today's model, in which a single operator controls a single vehicle, an approach that breaks down when communications or GPS are denied. By making the systems truly autonomous, Havoc removes that dependency.

A live demonstration, 2,000 miles away

Rather than describe the technology, Lwin showed it. His chief of staff, working from the stage in Deer Valley, Utah, commanded five sea vessels stationed in Rhode Island, roughly 2,000 miles away. Selecting a formation and two points on a map, she moved the fleet into a new blockade position in under 15 seconds, with no one physically in the loop. She then drew a box on the screen and instructed the vessels to patrol the area; they divided the task among themselves and coordinated directly with one another.

The point was not the boats. It was that the intelligence guiding them lives entirely in software, allowing commercially available hardware to operate as a system in concert. As Lwin put it, the systems are decentralized, with no single leader to target: each vessel receives the intent and negotiates its own role.

 

Watch a short recap of Paul Lwin’s demonstration at the Technology Leadership Forum

When I think about technology and leadership, what Paul and the team at Havoc are doing truly is leading the way.

What we're doing, building a category that we call collaborative autonomy. It's the technology required for thousands of autonomous systems to work together to do some very sophisticated things.

And now we're gonna do a live demonstration for you. So these boats are in Rhode Island right now. Cricket here is gonna tell them to get into a formation so you can see the boats moving right there.

It took her less than 15 seconds to get five boats to move into a new blockade position. She's 2,000 miles away. Now when you do what Cricket just did, one human to five drones, it gets better right now.

One human to 100 drones. Right now we really get into some interesting area.

We want to deliver thousands of autonomous systems to the Department of War, and so we want to prevent a war rather than provide weapons for a war.

Autonomous systems, their best use cases are to remove the humans from what we call dull, dirty, and dangerous.

So that's what we wanna do, right? We wanna remove the human from danger.

We don't wanna arm for war, we wanna deter it. And I think Havoc is doing that better than anybody else.

The economics of software-defined hardware

The problem is not hardware. The strategic implication is cost. Because the differentiation sits in software, Havoc pairs its proprietary systems with commercial off-the-shelf components, keeping platforms reliable and inexpensive.

The economics are central to Havoc's approach. Its vessels sell for roughly $200,000, priced more like munitions than traditional ships. Lwin noted that a Hellfire missile, a precision-guided weapon commonly used by the U.S. military, costs approximately $175,000 each, underscoring his belief that autonomous systems must be affordable enough to deploy at scale. When an attendee raised the threat of an electromagnetic-pulse weapon, Lwin pointed to the cost asymmetry: if an adversary spends $10 million on an EMP to disable a fleet of $200,000 boats, Havoc still wins the exchange.

That same discipline shows up in construction. Where competitors have raised hundreds of millions to build shipyards, Havoc partners with existing shipbuilders – he discussed Havoc’s partnership with PacMar Technologies in Hawaii as an example, and how, with a team of five engineers and less than $1 million, the companies put a 100-foot ship in the water before rivals who had spent far more. The company has even 3D-printed a 40-foot vessel in about a month. The model borrows the economics of software, high margins and rapid iteration, and applies them to a category long defined by heavy capital intensity and slow procurement.

Proof of security, not just certification

Credibility in defense requires more than a security checkmark. Lwin recounted placing Havoc's entire technology stack in a sandbox at Black Hat, the major hacking conference, and inviting world-class penetration teams to break in. For four days (an eternity for the best hackers), they could not. On the final day, even after being allowed to hardwire directly into the boats, they could only monitor traffic; they could never take control. It was, he suggested, the difference between claiming to be secure and proving it.

A founder shaped by service

The mission behind the company is personal. An immigrant who arrived in the United States at age 10, Lwin went on to graduate from the U.S. Naval Academy, flew a 40-year-old aircraft over Iraq and Afghanistan, and became a Navy test pilot developing next-generation systems. He founded Havoc in 2024 with his co-founder Joe, also a Navy veteran, after watching existing players focus on building hardware while the harder problem, coordinating thousands of systems, went unsolved.

He frames the purpose around deterrence rather than conflict, describing a goal of fielding enough autonomous capability in the Pacific to change an adversary's calculus.

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We want to prevent a war rather than provide weapons for a war.

Paul Lwin
Havoc

Why it matters

Havoc is betting that the future of defense will look more like modern software than traditional defense procurement. Rather than building increasingly expensive platforms, the company is focused on coordinating large numbers of autonomous systems through software, allowing commercial hardware to be deployed faster, more affordably, and at greater scale. If collaborative autonomy proves successful, it could reshape how military capability is developed and deployed, while creating a new playbook for emerging defense technology companies competing against larger incumbents.

About the Technology Leadership Forum Conference

The 27th annual Technology Leadership Forum, held in Deer Valley, Utah, brought together nearly 1,000 technology leaders to network and share insights across a diverse audience of public and private companies, industry leaders, and institutional, venture capital, and private equity investors. The forum was packed with thought-provoking presentations and insights on emerging trends. If you would like more information about attending this conference, contact our Corporate Access team.

To learn more, visit our Technology and Institutional Equity pages.

 

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