Latest Stories
Powerus Secures $30M Investment from Unusual Machines
Powerus is making power plays all over the place. Yesterday, the Florida-based drone company announced that it’s secured a $30M strategic investment from drone components-maker Unusual Machines, “[strengthening] a working relationship already in place between the two companies.” Power up: To back things up, Powerus, founded last year, has made headline after headline for a […]
Comand AI Raises $32M, Partners with Saab
It’s been quite the week for our friends across the pond at Eurosatory this week, and by the sounds of it, the continent’s defense buildup is showing no signs of slowing down. At least not if French planning and C2 company Comand AI has anything to do with it. This morning, the Paris-based startup announced […]
Divergent Builds New Mega-Printers and Mega-Factory
The Reindustrialize vibes are high, and business is booming for the companies building the factories of the future. At the eponymous conference in Detroit yesterday, defense-focused advanced manufacturing startup Divergent came out swinging with two big announcements: They’ve designed and built a massive 26-foot-tall metal 3D printer called Monolith One, and they’re putting 64 of […]
Foundation Alloy Raises $22M, Teams Up with Re:Build, Expands to Asia
Well, it’s a big week for metals around here. This morning, advanced metals manufacturing startup Foundation Alloy announced that it’s raised a $22M Series A to “scale production on its MetalsFIRST™ platform—a fully integrated, solid-state metallurgy technology—to industrial volumes.” The round was led by Voyager Ventures, with participation from Trust Ventures, Yamaha Motors, America’s Frontier […]
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 […]
