Two Firehawk stories in a week? We promise we’re not hawking Firehawk (bada bing), but the 3D-printed propellant and hybrid and solid rocket motor startup is kinda on fire. On Wednesday, Firehawk announced a $60M Series C funding round, led by 1789 Capital with participation from Presto Tech Horizons—a joint venture between Czech VC Presto […]
Rune is on quite a run. On Wednesday, the military logistics and sustainment software company announced it won a Cooperative Research and Development Agreement (CRADA) with the Army, partnered with the Marine Corps Warfighting Laboratory, and secured investment from In-Q-Tel. No mid-week slump here. Sustainment star: Rune, which raised a $24M Series A back in […]
In case you’re new around here, there’s one thing you should know: the rocket motor industry is infamously concentrated, with just a few old-school suppliers responsible for a whole industry’s worth of energetics. But in recent years, a few new players have arrived on the scene, promising to do things differently. Firehawk is one of […]
It’s been a big month for Alabama-based drone maker Performance Drone Works (PDW). Weeks after opening a new 90,000 sq ft factory in Huntsville, the company announced earlier this week that it’s won a $20.9M contract under the Army’s Transformation in Contact initiative—PDW’s third contract with TiC so far. Need for speed: PDW, formed in […]
Remember when Y Combinator startups made food delivery and crypto apps? Well, how times have changed. Perseus Defense, which launched out of this year’s YC cohort, is definitely not the next DoorDash. The startup is building 15in mini-missiles capable of detecting, identifying, and destroying hostile drones. And, this morning, the team announced in an exclusive […]
Are you feeling the reindustrialize vibes yet? Well, you should, because defense and automotive manufacturing startup Divergent just closed a $290M Series E at a $2.3B valuation. The company already has some big-time manufacturing contracts with the primes, but Divergent is setting its sights on scaling with the defense tech newcomers now, too. Behind the […]
What if we told you that there was a network of top former national security officials, SOCOM veterans, and Silicon Valley operators that has been operating in the shadows since 2021, quietly funding some of the biggest startups in the defense tech scene? And what if we told you that they’re not looking to cash […]
We can all breathe a sigh of relief (for now). The NDAA is through the House. Everyone’s favorite must-pass bill, which predictably got a whole lot more culture-war-y after it left the House Armed Services Committee, passed the chamber in a narrow (by NDAA standards) party-line 231-196 vote yesterday. Whether the Senate passes its version […]
We’ve brought you a lot of European news out of DSEI this week, so we thought on this lovely Friday, we’d take a quick hop over to the Indo-Pacific. Yesterday, Shield AI announced that they’ve signed a teaming agreement with Taiwanese defense prime Aerospace Industrial Development Corporation (AIDC). The two companies say they will work […]
Palantir can’t be stopped. On Wednesday, the defense and intelligence software giant with a $395B market cap won a contract to provide “all Marines—from tactical units within the Fleet Marine Force (FMF) to the Supporting Establishment—with access to [Palantir’s Maven Smart System],” the Marine Corps announced. Add this to the company’s $10B Army contract, and […]
