Investment

Isembard Raises $50M Series A

Manufacturing is so back, baby. Well, at least if AI and defense are involved.  Yesterday, UK-based advanced manufacturing startup Isembard announced it has raised a $50M Series A round led by Union Square Ventures to accelerate its plan to open 25 factories by the end of the year.  CEO Alexander Fitzgerald told Tectonic that most […]

Investment

Exclusive: R2 Wireless Raises an Additional $5M

We’re sensing that things are just starting to heat up on the drone detection front, and investors are, too. This morning, Israeli-American radio frequency (RF) sensing startup R2 Wireless announced in an exclusive release to Tectonic that it raised $5M in a funding round led by Origin Ventures, with participation from Spring Rock Capital, Corner […]

InvestmentTech

Dominion Dynamics Invests $37M to Get Canada in the CCA Game

After a quiet few years, it looks like our friendly neighbors up north are diving headfirst into defense tech. Hot off a $15.2M ($21M CAD) seed round in January, Canadian defense tech startup Dominion Dynamics kicked things up a notch late last week, announcing plans to invest $37M ($50M CAD) to kickstart development of Scout, […]

Tech

UNION and Hanwha Team Up on 155mm Production

The state of the UNION is growing. (Bada-bing!!) Yesterday, Texas-based software-defined factory startup UNION announced a partnership with Hanwha Defense USA, the US arm of the South Korean mega-prime, to speed up production of 155mm shells.  Hegseth may be saying the US has plenty of munitions—but sounds like UNION’s betting we’ll want even more. Rippin’ […]

EuropeInvestment

UFORCE Exits Stealth as a Unicorn

Remember all those videos of Ukrainian sea drones taking out Russia’s Black Sea Fleet? Well, UFORCE, the company making those USVs and a whole range of unmanned systems, officially emerged from stealth today with a $1B+ valuation after raising over $50M from a transatlantic team led by Shield Capital and Lakestar. Good news for all […]

Tech

Hermeus’ Latest Quarterhorse Supersonic Unmanned Aircraft Takes Flight

Things are speeding up on the supersonic front, and fast.  High-speed aircraft company Hermeus announced this week that it has successfully completed a flight test of its unmanned Quarterhorse Mk 2.1, which it calls the “world’s first high-Mach remotely piloted aircraft,” less than a year after the first iteration took flight.   Everyone loves a spicy […]

Investment

Defense AI Lab Smack Raises $32M Seed and Series A

It’s been a busy, beefy week for the Pentagon and a certain AI giant, but a startup out of El Segundo has a solution to those tensions: Just build an AI lab purpose-built for national security. And investors are on board.  Yesterday, Smack Technologies announced a combo Seed and Series A round to build what […]

Europe

MAHI Unveils Alpha-8 USV With Belgian Shipbuilder

If you thought the unmanned surface vessel world couldn’t get any busier, well, think again.  This morning, Belgian maritime autonomy startup MAHI unveiled a 27-foot high-speed USV called the Alpha-8, designed as a demonstration vessel for its autonomy stack in exercises and training with the Belgian Navy, at least to start. Fishy business: MAHI, in […]

Pentagon

Castelion Snags $50M Navy Contract for Blackbeard Missiles

The hype for hypersonics keeps getting more real.  Yesterday, the Pentagon announced that mass-producible hypersonic missile hotshot Castelion was awarded a $50M contract with the US Navy for the “full-scale prototypes, flight testing, and operational fielding” of its Blackbeard missile, which COO Sean Pitt told Tectonic will be an air-launched variant.  The Los Angeles-based startup […]

Pentagon

Vantor Snags $217M-Ceiling Army Contract

Things keep getting busier and busier in Vantor-land.  On the heels of a deal to integrate with Google’s high-powered Earth AI model, the geospatial intelligence heavyweight announced a big ol’ follow-on contract with the US Army worth up to $217M to continue work on the service’s One World Terrain program, designed to “train and rehearse […]