PentagonTech

Exclusive: MDA Awards X-Bow $11M for Low-Cost Interceptor Development

We don’t have to tell you the interceptor shortage is very real and very dire, but much of this discussion focuses on Group 3 (i.e., Shahed-type) UAS threats. Russia and Iran certainly have used smaller, cheaper drones en masse, but a lot of the real damage—in Iran’s case—inflicted on US bases in the Middle East […]

InvestmentTech

Neros Plans Production Scale and New Products After $250M Raise

When we said that “a certain El Segundo-based company is doing very well on the whole Drone Dominance Program (DDP) front,” we might’ve undersold it—that certain company is doing very well on all fronts.  Yesterday, the FPV phenoms at Neros announced that they raised $250M in a funding round co-led by Sequoia and American Strategic […]

PentagonTech

Exclusive: Swarm Aero Wins $10M Air Force Research Lab Contract

When you think of a drone swarm, a cloud of speedy little quadcopters flying in unison probably comes to mind. Swarm Aero has a different vision.  The California-based startup is building a much larger, Reaper-sized Group 5 drone, designed to be mass-manufacturable and capable of operating in a swarm using its own in-house autonomy and […]