Remember when Y-Combinator startups made food delivery and crypto apps? Well, how times have changed. Perseus Defense, which launched out of this year’s YC cohort, is definitely not the next DoorDash. The startup is building 15in mini-missiles capable of detecting, identifying, and destroying hostile drones. And, this morning, the team announced in an exclusive release […]
We teased yesterday, but it really does seem that the export of Ukrainian defense tech across the NATO alliance is beginning to pick up speed. Yesterday, Ukrainian UAV software company Swarmer announced that it’s closed a $15M Series A led by Florida-based Broadband Capital Investments, with participation from R-G.AI, D3 Ventures, Green Flag Ventures, Radius […]
Are you feeling the reindustrialize vibes yet? Well, you should, because defense and automotive manufacturing startup Divergent just closed a $290M Series E at a $2.3B valuation. The company already has some big-time manufacturing contracts with the primes, but Divergent is setting its sights on scaling with the defense tech newcomers now, too. Behind the […]
What if we told you that there was a network of top former national security officials, SOCOM veterans, and Silicon Valley operators that has been operating in the shadows since 2021, quietly funding some of the biggest startups in the defense tech scene? And what if we told you that they’re not looking to cash […]
We can all breathe a sigh of relief (for now). The NDAA is through the House. Everyone’s favorite must-pass bill, which predictably got a whole lot more culture-war-y after it left the House Armed Services Committee, passed the chamber in a narrow (by NDAA standards) party-line 231-196 vote yesterday. Whether the Senate passes its version […]
We’ve brought you a lot of European news out of DSEI this week, so we thought on this lovely Friday, we’d take a quick hop over to the Indo-Pacific. Yesterday, Shield AI announced that they’ve signed a teaming agreement with Taiwanese defense prime Aerospace Industrial Development Corporation (AIDC). The two companies say they will work […]
Palantir can’t be stopped. On Wednesday, the defense and intelligence software giant with a $395B market cap won a contract to provide “all Marines—from tactical units within the Fleet Marine Force (FMF) to the Supporting Establishment—with access to [Palantir’s Maven Smart System],” the Marine Corps announced. Add this to the company’s $10B Army contract, and […]
If you work in the ever-growing unmanned surface vessel (USV) world and are worrying about scale, you might want to look away. On Tuesday, shipbuilding giant Huntington Ingalls Industries (HII) announced a new family of ROMULUS USVs—and that the fleet’s flagship is already under construction. Looks like the primes were paying attention to Saronic’s $392M […]
If you thought the defense tech world on this side of the pond comes to a standstill during DSEI, think again. This morning, integration startup Picogrid announced a $3.2M Air Force contract win to bring their Legion software and Helios hardware to help the Air Force’s growing number of autonomous systems play nice. Picogrid has […]
With the Defence and Security Equipment International (DSEI) trade show kicking off in London, we all knew it would be a big week for European defense tech. On Monday, German drone startup Quantum Systems got the ball rolling by announcing a €50M investment in the UK over the next five years. That’s the tea. Quantum […]
