The era of France’s most famous exports being wine, cheese, and Spurs phenoms may be coming to an end, at least if Alta Ares has anything to do with it. This morning, the French counter-drone software and hardware startup announced that it’s raised a €50M ($58M) Series A led by Air Street Capital, alongside Cherry […]
The defense tech unicorn club just got its newest member. On Friday, Austin-based counter-drone startup Allen Control Systems announced a $200M Series B led by Smash Capital at a whopping $2.2B post-money valuation—a massive jump from its $170M Series A valuation last year. The drone-downing dollars really do just keep on coming. Ribbit ribbit: A […]
When the Department of Energy launched the Reactor Pilot Program last June, it set a July 4, 2026, target for startups to switch on their microreactors and hit criticality—when a nuclear fission chain reaction becomes self-sustaining. Antares, an LA-based space and defense-focused nuclear startup, beat that deadline by a month. Yesterday, the company reached initial […]
Turns out that a whole lot of global instability is blowing the IPO window wide open for defense companies. Applied Aerospace & Defense—a Huntsville, Alabama-based, PE-backed defense and space subsystem manufacturer—went public on the New York Stock Exchange yesterday, raising $650M in its IPO and valuing the company at $3.25B after pricing shares near the […]
We write about drones, self-guided missiles, robots, and all of the other tech taking over the battlefield of the future every day. What we write about less are the overlooked-but-critical subcomponents inside each of them. Ya know, the stuff that actually makes them work. A big part of that is because there aren’t a whole […]
Big week for robotics around here, huh? This morning, US-Israeli robotics startup Shifters announced that it’s raised a $10.2M seed round led by Ace Capital Partners, bringing total funding to $15M. Other participants in the round include Aurelius Capital Management, Corner Ventures, and Arkin Capital. The company says the money will accelerate the development of […]
A formal US-Ukraine drone deal has yet to be finalized, but that hasn’t stopped companies from inking partnerships of their own. In an exclusive release to Tectonic this morning, US-based drone company Powerus and US-Ukrainian UAV software company Swarmer announced a partnership to explore integrating Swarmer’s swarming tech with Powerus’ “air and maritime platforms, mission […]
If you’ve taken a look at the summer events calendar and are worried about how hostile drones could throw a wrench into all of the FIFA World Cup and America 250 festivities, you’re not alone. The big players in public safety are, too, and they’re making some money moves to make sure it all goes […]
True to its name, Mach Industries is moving speedy quick, and investors are lining up to add fuel to the fire. A little more than a week after announcing the $50M acquisition of propulsion system and solid rocket motor-maker Exquadrum, the Huntington Beach startup announced late yesterday that it’s closed a $300M Series C co-led […]
It’s no secret that the Navy wants drone boats, and they want them fast. Well, now we know who’s (probably) going to be building them. Over the weekend, the service named the seven companies—including Saronic, HavocAI (through PacMar Technologies), and Sea Machines—selected to advance to the prototype stage of the medium unmanned surface vessel (MUSV) […]
