Latest Stories
NATO and Ukraine Launch Joint Innovation Initiative
Ukraine’s path to NATO is looking shakier by the day, but that hasn’t stopped the alliance from pushing to integrate the country’s battle-tested tech into Europe’s defense tech ecosystem. Late last week, as we were all enjoying our turkey, NATO and Ukraine unveiled a new competition called “UNITE–Brave NATO,” designed to accelerate the adoption of […]
Quantum Systems Raises €180M at €3B Valuation
Well, the Europeans aren’t showing any signs of slowing down on the drone front. On Friday, German ISR UAS company (and STARK forefather) Quantum Systems announced that it has raised a €180M ($209M) Series C extension at a €3B ($3.49B) valuation, led by Balderton Capital. This comes on the heels of a €160M ($186M) raise […]
Exclusive: Ukrainian-Led Interceptor Startup Raises $1.6M in Pre-Seed Funding
The counter-drone club just got its newest—and maybe youngest—member. In an exclusive release to Tectonic, Thermopylae, a California-based interceptor drone startup launched in June by a 21-year-old Ukrainian engineer, announced it has raised $1.6M in pre-seed funding. New kids: Drawing its name from the famous Spartan battle against the Persians immortalized in the movie “300,” […]
Taiwan’s $40B Defense Spending Boost
Well, the whole defense spending kick is showing no signs of abating. Yesterday, Taiwanese President Lai Ching-te announced in an op-ed in the Washington Post that his country plans to spend an extra $40B (about NT$1.25T) on defense to counter the growing threat from China. A massive portion of the supplementary defense package—which would be […]
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 […]
A Q+A with Enrique Oti, CSO at Second Front Systems
Personally, we would give a lot to be a fly on the wall in the early days of the Defense Innovation Unit (RIP Unit X). Luckily, we know a guy who was there. Enrique Oti—apparently referred to intermittently as “Software Jesus of the Air Force”—was one of the co-founders of DIU, and for much of […]
