Latest Stories
US Navy and Hadrian Team Up on Alabama Submarine Facility
Someone queue up Sweet Home Alabama. On Friday, new-age manufacturing company Hadrian announced a big-time, $2.4B partnership with the US Navy—split between $1.5B in private capital and $900M in government funding—to produce components for the Virginia and Columbia-class submarine programs at the startup’s new 2.2M square-foot facility in Cherokee, Alabama. Looks like Hadrian’s $611M in […]
Exclusive: Enigma Emerges from Stealth
For this morning’s exercise, we want you to take everything you’ve ever known about the way a drone looks or acts and throw it out the window. This morning, contested logistics startup Enigma emerged from stealth with a $5M Air Force contract and about $2M in VC funding in an exclusive release to Tectonic. The […]
Skydio Snags $52M Army Contract
It’s been a busy past few days for the weekend warriors over at Skydio. Yesterday, the US Army tapped California-based drone-maker Skydio to deliver 2,500 of its X10D small-UAS in a $52M contract, the largest sUAS order from a single vendor in Army history. The company said it moved from bid to award in under […]
Inside Arsenal-1: Anduril’s $1B Mega-Factory for Fury and More
Anduril is thinking big. Like really, really big—and nothing says that quite like Arsenal-1. Yesterday, Tectonic paid a visit to Anduril’s $1B, 5M square foot mega-factory just south of Columbus, Ohio, where the company (hard to call them a startup after a $20B Army contract) will kick off production of their Fury drone wingman in […]
A Q + A with Matt Cronin, Senior National Security Advisor at a16z
If there is one VC fund you know in the defense tech world, it’s probably Andreesen Horowitz—or a16z, as the cool kids say. The firm—which just raised a casual $15B, including $1.176B for its “national interest” (defense and deep tech) focused American Dynamism fund—has backed some of the biggest names in the game, including Anduril, […]
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 […]
