It would appear the great startup-prime defense tech partnership fever has spread across the pond. On Thursday, Estonian counter-drone interceptor startup Frankenburg Technologies announced that its teaming up with Polska Grupa Zbrojeniowa (Polish Armaments Group, or PGZ)—the holding company for Poland’s state-owned defense companies— to integrate and produce interceptors, with plans to build up to […]
Well, the defense tech money hose isn’t looking like it’s slowing down anytime soon. On Wednesday, ground autonomy company Forterra announced a massive $238M Series C that launched its valuation over the $1B mark. The funding round—which included $50M in debt financing—was led by Moore Strategic Ventures with participation from RTX Ventures, Franklin Templeton, Hanwha […]
Last week, we said Neros was turning things up a notch. We might’ve jumped the gun—now they’re really turning it up. Earlier this week, the white-hot drone startup announced it closed $75M Series B. As a cherry on top, they were tapped for the US Army’s Purpose Built Attritable System (PBAS) program. Not a bad […]
In case you’ve been living under a rock for the past few days, a tectonic shift is underway in the way the Pentagon does business. (Ha, ha, ha.) Over the course of his 70-minute speech to defense industry execs, military procurement officials, and others at the National War College on Friday, Secretary of Defense Pete […]
Happy Hegseth Lecture Day to all who celebrate! Everyone’s favorite new monthly tradition—SecDef Pete Hegseth gathering a bunch of super important people for a stern talking-to—is back for its November rendition, but with a bit of a twist this time. Instead of calling his audience fat, Hegseth is set to deliver an “Arsenal of Freedom” […]
When President Trump said, “If [NATO members] don’t pay, I’m not going to defend them,” earlier this year, his mind was clearly on Europe. That message got through and ignited a speedy and spendy military buildup on the Old Continent, sure, but one much bigger—and closer—NATO ally has stayed out of the defense spending spotlight […]
Neros is turning things up a notch. Earlier this week, the California-based drone startup announced that it has scored a multi-million-dollar delivery order contract from the US Marine Corps for thousands of its Archer drones. Plus, most of the FPVs will have a mini-warhead attached to make them lethal. Big buzz: Neros’ Archer FPV quadcopter […]
The DoD, sorry, DoW, has really gotten a taste for critical minerals. On Monday, rare-earth magnet maker Vulcan Elements announced a whopping $1.4B partnership with the Pentagon, Department of Commerce, and ReElement Technologies to scale their vertically integrated rare-earth magnet supply chain. Sounds like the meeting with Xi wasn’t that good. Rare air: Drones have […]
Everything’s bigger in Texas, especially the explosions. On Monday, Aeon, an Austin-based smart missile startup, announced in an exclusive release to Tectonic that it has successfully completed all-up live-fire tests of its Zeus missile platform for the US Army Transformation and Training Command (T2COM) and the Army Applications Lab (AAL) ahead of schedule. Talk about […]
Well, it’s been quite the week for the German defense tech scene. Yesterday, the Financial Times reported that the country plans to award a whopping €900M contract for kamikaze drones to three homegrown producers: STARK, Helsing, and Rheinmetall. Under the contract, according to the FT, each producer would supply the German military with about 12,000 […]
