A few short weeks after raising a $60M Series B at a $600M valuation, Heaviside is showing no signs of slowing down. Late last week, the California-based super-stealthy, precision-munitions company was awarded a five-year, $99M IDIQ contract with the US Army, but it wasn’t for the tech you might expect from a go-boom startup. Instead, […]
Everywhere you look, M&A activity seems to be slowly picking up. Turns out, the trend has made its way to space, too. Earlier this week, space and defense comms unicorn CesiumAstro snapped up Virginia-based defense mission software firm 1Aardvark, with an eye on expanding its work in missile defense and tracking. The acquisition is CesiumAstro’s […]
The Army awarded five nuclear companies a collective $2.2B to deploy microreactors on five military installations.
The 155mm shell has been a workhorse of the US military’s artillery arsenal since World War I, but America has had a bit of a hard time, to put it lightly, ramping up production of the over-century-old munition to keep up with renewed demand from US and allied customers. The Pentagon’s looking for some help […]
The pre-seed round led by Khosla Ventures funds the development of Spike, Mara’s portable full-stack counter-drone system.
The contract gives Army units access to Sandtable’s platform for “integrated mission planning and wargaming support.”
The Navy also tapped CoAspire for the CHAOS maritime strike program last month.
If you’ve been paying attention to the news, like, at all, it should come as zero surprise that energy infrastructure has become target numero uno in conflicts the whole world over. At least one oil and gas company operating in the Persian Gulf is taking matters into its own hands, inking a $22.3M contract with […]
Ukrainian-born, Austin-based swarming software company Swarmer has a 20 percent stake in the company.
Turns out that a whole lot of global instability is blowing the IPO window wide open for defense companies, and Lyntris is striking while the iron’s hot. The private-equity-backed, Virginia-based defense sensing software and hardware company went public on the NYSE yesterday, raising roughly $300M in a downsized IPO and joining a string of defense […]
