The Autonomous Underwater Vehicle competition is an annual international competition held buy AUVSI in which different teams from different Universities and schools will compete against each other. Following are some FAQ's from the AUVSI web site:

Q. What will I see at the Competition site?
A. You will see the best and brightest students at work on unmanned, underwater robots. These robots, called Autonomous Underwater Vehicles (AUV), are a very critical part of the U.S. Navy's research and development, as well as being of great interest to many industries involved in maritime exploration and other pursuits. You will be able to see the AUV's in various states of assembly and repair and you'll be able to see them swim as they attempt the Competition Mission. Additionally, SPAWAR Systems Center San Diego will be displaying some of its robotic vehicles.

Q: Where is the event located?
A. The Competition will be held at the U.S. Navy's Space and Naval Warfare (SPAWAR) Systems Center's Transducer Evaluation Center (TRANSDEC) pool located on Point Loma, San Diego. More acronyms will be available at the Competition site. See the map link below.