Europe

Kraken Secures £12.3M USV Contract with the Royal Navy

Things may be heating up on the maritime autonomy front stateside, but don’t sleep on our friends across the pond.  Yesterday, the UK Ministry of Defence awarded British unmanned surface vessel (USV) startup Kraken Technology Group a £12.3M ($16.5M) contract to supply the Royal Navy with 20 of its super speedy K3 Scout drone boats.  […]

Europe

Arondite Secures “Multi-Million” Pound Contract With the UK MoD 

Watch out, y’all. The British are coming.  Earlier today, Arondite, a UK-based startup building integration tech to make those autonomous systems we all know and love work together nicely, announced a “multi-million” pound contract with the UK Ministry of Defence to deploy its Cobalt software across the British Army’s Very High Readiness Force.  Teamwork: If […]

InvestmentStoriesTech

Exclusive: HavocAI’s All-Domain Shopping Spree

We keep saying maritime autonomy is all the rage, but multi-domain autonomy is really where it’s at.  This morning, Rhode Island-based unmanned surface vehicle (USV) startup HavocAI announced in an exclusive release to Tectonic that it has acquired not one but two companies—heavy-lift drone-maker Mavrik and industrial vehicle autonomy startup Teleo—to take its autonomy software […]

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 […]