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Investment

Interceptor Startup Furientis Raises $25M Seed, Scores First OTA

The interceptor game really is so hot right now.  In case you missed it—earlier this week, interceptor startup Furientis announced that it’s raised a $25M seed round led by Benchmark and scored an OTA with the Pentagon to develop its 100-mile-range interceptor vehicle. “Furientis exists to resupply our critical deficiency in defensive munitions,” Furientis Co-Founder […]

EuropeTech

Harmattan Unveils IRIFI Deep Strike UAV

In case you haven’t had a keen eye trained on Ukraine this summer, deep strike is quite the hot topic right now.  Basically, companies like Fire Point have shown that lower-cost, autonomous deep strike weapons (like, with ranges well above 200 kilometers) can inflict oodles of damage deep in adversarial territory—especially when you train them […]

PentagonTech

X-Bow Scores $69.7M Contract for SRMs with the US Navy

Damn. The Navy really is on quite the spending spree.  This morning, New Mexico-based solid rocket motor (among much else) company X-Bow Systems announced that it’s been awarded a prototype agreement with the Navy worth $69.7M to “develop and qualify a solid rocket motor booster for a key U.S. Navy next-generation weapon.” An X-Bow spokesperson […]

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Q + A

A Q&A with Alex Fink, US CEO of Swarmer

In case you missed it, the infamous Erik Prince and Swarmer’s US CEO Alex Fink are betting on “air defense as a service”—and now they’re putting numbers behind their pitch.  This week—just a month after launch—Vectus Air Defense Systems (not to be confused with Prince’s Vectus Global private military and security company) announced plans to […]

Q + A

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

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 […]