The deal marks the first time a venture firm will test a shared savings model in defense.
Don’t you worry: prime-startup-cuffing season is still in full swing. Earlier this week, L3Harris inked a deal with Shield AI to integrate the autonomy-big-dawg’s Tracker Counter-UAS, which has AI-and-computer-vision-powered software for drone detection and tracking, across L3Harris’ VAMPIRE c-UAS platform. It’s the first time Shield AI has licensed the software to another company. Maybe getting […]
Seasats secured over $24M in fully-funded orders for its Lightfish small-USV in August.
The productivity gurus on the internet these days argue you should be using AI agents to book travel, manage calendars, and send emails. Aslan emerged from stealth yesterday with a different take on what these little bots can do. The DC-based startup raised $20.8M in pre-seed and seed funding, led by Khosla Ventures and XYZ […]
Watch out, world. The US Army’s kill chain is going mobile. On Tuesday, the Army awarded two contracts worth a combined $192M—$127M to Palantir and $65M to Anduril—to move the Tactical Intelligence Targeting Access Node (TITAN) AI-powered mobile ground station from prototype into production. Clash of the TITANs: The TITAN program, to back things up, […]
The “Group 2 to Group 3 UAV” will be designed around Divergent’s 3D printing tech from the start.
The drone dollars just keep on coming. On Monday, Easy Aerial, a Brooklyn-based manufacturer of defense-focused tethered drones, announced a $20M Series B—led by VC giant Insight Partners—to boost production and deliveries, as well as roll out new products. In the green: Now, if you’ve been keeping up with the defense-tech world, you’ll know that […]
A few short weeks after raising a $60M Series B at a $600M valuation, Heaviside is showing no signs of slowing down. Late last week, the California-based super-stealthy, precision-munitions company was awarded a five-year, $99M IDIQ contract with the US Army, but it wasn’t for the tech you might expect from a go-boom startup. Instead, […]
Everywhere you look, M&A activity seems to be slowly picking up. Turns out, the trend has made its way to space, too. Earlier this week, space and defense comms unicorn CesiumAstro snapped up Virginia-based defense mission software firm 1Aardvark, with an eye on expanding its work in missile defense and tracking. The acquisition is CesiumAstro’s […]
The Army awarded five nuclear companies a collective $2.2B to deploy microreactors on five military installations.
