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 […]
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) […]
Picogrid is proving that teamwork really does make the dream work. This morning, the El Segundo-based hardware and software integration startup announced in an exclusive release to Tectonic that it has raised $45M in a Series A led by Bessemer Venture Partners to expand its product family, increase deployments, and take its integration tech into […]
Kraken is stepping things up in the Commonwealth. Yesterday, the UK-based unmanned surface vessel (USV) startup announced a partnership with Canadian shipbuilding giant Davie to manufacture its USVs in Québec, starting with its flagship K3 Scout speedboat-drone. Zoom zoom (said in a Québecois accent). Small and speedy: Kraken, if you’ve been paying attention to the […]
By now (unless you’ve been living in a cave for the past few years), you’re probably well aware that the US military is going all-in on autonomous vehicles. And if you read Tectonic, you’ll know that there are a whole lot of companies making them. When those many thousands of autonomous vehicles are fielded, each […]
