Latest Stories
DIU Taps Valinor’s Docking Station for Containerized Drone Swarm Program
Valinor launched last year with a focus on building the unsexy but important tech for modern conflict that no one else is, and it doesn’t get much more picks-and-shovels-y than drone docking stations. Looks like that bet is paying off. Earlier this week, the new-age defense tech holding company Valinor announced its Dispatch product-company—a modular […]
Exclusive: Ordnance Aero Scores DEVCOM CRADA
If you thought there were enough companies that were making the things that go boom, think again. This morning, new and stealthy munitions startup Ordnance Aero announced in an exclusive release to Tectonic that they’ve entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Army Combat Capabilities Development Command Armaments Center (DEVCOM […]
Kraken Raises $175M at a $1B Valuation
Welp, big ol’ week for our friends across the pond. This morning, British maritime autonomy darling Kraken Technology announced that it’s raised a $175M Series B at a $1B valuation, which the company says will “accelerate Kraken’s rapid capability development and international manufacturing expansion.” The round was led by DTCP with participation from the British […]
Expeditions Raises €197M Fund II
If you still had any doubts that Europe was getting serious about defense (and defense tech), well, we’re back with even more evidence to prove you wrong. Yesterday, Warsaw-based VC Expeditions announced that it’s raised a €197M ($224.5M) Fund II, which it says will “address Europe’s critical capability gaps, as well as strengthen economic and […]
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 […]
