InvestmentTech

Poseidon Raises $60M to Build Big Ol’ Cargo Drones 

We have a tendency around here to say that everyone loves a tiny plane. Well, as it turns out, there’s a lot of love for big ones, too.  Bay Area-based Poseidon Aerospace raised $60M in a Series A to fund flight testing and production of its cargo drone, Egret, and accelerate development of its seafaring […]

Investment

Exclusive: Bulwark Dynamics Raises $6.8M Seed Round for Maritime Logistics 

Question: What do you get when you combine “maritime is all the rage” with “unsexy is the new sexy”?  Answer: Bulwark Dynamics, an unmanned surface vessel startup laser-focused on contested logistics. That pitch has caught the eye of some early backers.  This morning, the California-based maritime logistics startup announced $6.8M in seed funding to ramp […]

Tech

ICYMI: L3Harris Licenses Shield AI’s Drone-Tracking Software for VAMPIRE

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 […]

Investment

Aslan Emerges With $20M and a Bunch of AI Agent Spies 

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 […]

PentagonTech

The Army Awards Palantir and Anduril $192M for Eight TITAN Mobile Ground Stations 

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, […]

Investment

Drone-Maker Easy Aerial Plans Production Boost and New Products After $20M Series B 

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 […]