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EuropeInvestment

Onodrim Raises $300M to Roll Up Defense in Europe

Lol guys. I think we might have to reconsider the whole Series-based funding scale pretty soon. This morning, “European defence and industrial scale-up platform” (read: fancy rollup) Onodrim announced that it’s raised a $300M Series A at a $1.3B valuation, led by Lux Capital. The idea is to use this small fortune to “acquire established […]

Tech

Skyways Unveils Skyreach for Autonomous Logistics

Well, gosh. Y’all really decided to start the week off with a bang, huh? This morning, long-range cargo drone company Skyways unveiled a new version of its VTOL UAV called Skyreach, which packs in 100 lbs of payload, more than 18 hours of flight time, and a 1,300-mile range. “Skyreach brings the range of a […]

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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, […]