Are you feeling the reindustrialize vibes yet? Well, you should be, because investors certainly are. Yesterday, advanced manufacturing startup Machina Labs closed a $124M Series C to build its first large-scale “intelligent factory.” The idea is to use AI-powered robots to rethink how everything from car parts to drone and missile airframes are made. The […]
If you hadn’t noticed, there’s a whole lot of new defense tech coming onto the scene, and, as it turns out, the Pentagon is pretty interested in making sure all of it works together. That’s been good news for Picogrid. Yesterday, the El Segundo-based integration startup announced a $9.3M contract with the Air Force to […]
Last week, we said that Overland AI keeps notching wins, and they just keep coming. Yesterday, the Seattle-based ground autonomy startup announced a fresh $100M funding round led by 8VC, which the company says will help boost production of its autonomous ground vehicles. The new round brings Overland’s total funding to $142M. Remember what we […]
HavocAI is putting the collab in collaborative autonomy. This morning, in an exclusive release to Tectonic, Rhode Island-based maritime autonomy startup HavocAI announced a partnership to put its collaborative autonomy software on Tideman Marine’s six-meter Viper unmanned surface vessel (USV). Boat buddies: In case you’re new around here, HavocAI, which raised $85M in October, has […]
Looks like the White House just can’t quench its thirst for the minerally good stuff. This morning, Bloomberg reported that the Trump administration is set to launch a critical mineral stockpile, called Project Vault, backed by $12B in seed money split between $1.67B in private capital and a $10B loan from the US Export-Import Bank. […]
Well, we all saw this one coming. Right on the heels of a deal with the Pentagon to triple Patriot missile interceptor output, Lockheed Martin ($LMT) took things up a notch yesterday, announcing an agreement to quadruple production of Terminal High Altitude Area Defense (THAAD) interceptors over the next seven years. For all the prime-bashing, […]
In case you missed it, earlier this month, Secretary of Defense Pete Hegseth issued a memo outlining his plan to make the Pentagon “an ‘AI-first’ warfighting force across all components, from front to back.” San Francisco-based military AI startup Legion Intelligence is taking him up on that. Yesterday, the company launched a new tool called […]
If all goes according to plan, Antares Nuclear and a handful of other nuclear startups will have a lot more to celebrate on July 4 than Independence Day. Earlier this week, Antares, an LA-based space and defense-focused nuclear fission startup, moved closer to turning on its microreactor after the Department of Energy approved its Preliminary […]
We’ve said it before, and we’ll say it again: Everyone loves a tiny plane. On Monday, Grid Aero, a California-based startup building autonomous aircraft focused on logistics operations in contested environments, announced it raised $20M in a Series A co-led by Bison Ventures and Geodesic Capital to boost testing and production of its “pickup truck” […]
Turns out teamwork really does make the dream work. Last week, Lockheed Martin and its teammates showed off the first version of their Next Generation Command and Control (NGC2) prototype to the Army’s 25th Infantry Division during the Lightning Surge 1 exercises in Hawaii. Reboot: As a refresher, Lockheed was awarded a $26M OTA in […]
