NH-based "stealth ship" gets $9.6 million in funding

The coolest vehicle under development by a New Hampshire firm, a "stealth ship" designed for defense work in shallow waters, has gotten $9.67 million in funding in the first institutional funding round by the maker, Juliet Marine Systems Inc. of Portsmouth. So reports Mass High Tech, which loves this ship parly because of its acronym, GHOST. (Hot links aren't working this morning, for some reason - the story's at http://www.masshightech.com/stories/2012/02/13/daily44-GHOST-ship-maker-Juliet-gets-967M.html) The ship allegedly uses "supercavitation" - using water bubbles to reduce underwater drag - to make it travel faster and quiet on waterfoils.