In a move that should capture the attention of war risk insurers, Australia has committed $1.7 billion (US$1.1 billion) to building a fleet of “Ghost Shark” submarine drones, which can carry out surveillance, reconnaissance, and strikes at sea. Developed by US defence start-up Anduril and manufactured locally, the extra-large autonomous undersea vehicles are billed as the “highest tech capability in the world,” according to defence minister Richard Marles.