Latest Stories
DoD Selects First FY26 APFIT Winners
Well, the Pentagon is certainly pushing up against the Christmas deadline. Yesterday, the DoD, sorry, DoW, announced over $400M in APFIT contracts using FY26 funds—the first of the year—bringing total contracts awarded by the nearly four-year-old program to over $1.4B. While the DoD didn’t release names of the companies in this batch of projects—as per—a […]
Defense Tech VC’s Banner Year
We’d be the first to tell you that it’s been a banner year in defense tech. As it turns out, the numbers back up our—and, if you’re reading Tectonic, your—excitement. According to a Q3 report from Pitchbook, defense tech venture capital is on track to close out the year “firmly in expansion mode.” We’re not […]
A Couple Key Considerations for Venture Capital Investments in Federal Government Contractors
Preserving small business status and understanding foreign ownership, control, or influence (FOCI) disclosure obligations and associated requirements and restrictions are two common early challenges for venture-backed companies. This article outlines these key considerations and risks to keep top of mind for VC investments in early-stage companies that are seeking or have been awarded federal contracts or grants.
Zerophase Scores $6.8M Seed Round
You know what sucks? When you’re flying a drone against Russian targets somewhere deep on the frontline and—suddenly—your comms line goes dark. It’s an experience that will be all too familiar to our Ukrainian military readers, and one that startup Zerophase is trying to make way less common. Late last week, the German data link […]
Q + A: A.J. Bertone, Managing Partner, In-Q-Tel
If you’ve been paying attention to the past year of Tectonic (!!), you’ll recognize a sneaky three-letter acronym that pops up on a lot of defense tech cap tables: IQT. For those lucky enough not to be in the know, that stands for In-Q-Tel, a not-for-profit venture fund backed by the US government and investing […]
A Q+A with Former Secretary of Defense Mark Esper
Mark Esper has spent a whole heck of a lot of time in the defense ecosystem. After a decade in uniform in the US Army, he worked as a congressional staffer, a senior policy aide to Sens. Chuck Hagel and Bill Frist, and a Deputy Assistant Secretary of Defense in the early 2000s. Then, he […]
A Q+A with Alex Ferrara, Partner at Bessemer Venture Partners
If there is one fund that knows how to deploy big-time cash into tech companies, it’s Bessemer Venture Partners. The Silicon Valley fund has about $19B under management, and has invested in tech giants from LinkedIn (everyone’s fav) to Shopify. This year, the fund has turned to defense—specifically, European defense. They led Auterion’s $130M Series […]
A Q+A with Arthur Herman and John Burer
If you’ve been in DC anytime in the past few years, you will have heard of Arthur Herman. In case you’re unfamiliar (nerd!), he wrote Freedom’s Forge back in 2012, which has shaped a lot of the First Breakfast-type reindustrialization conversations we’ve been having lately. Sparknotes: The book (if you haven’t read it or have […]
