Now, we know they say when it rains it pours and all that, but, gosh, Castelion is really testing the limits of the phrase. Late yesterday, the US Navy announced that it’s awarded the Torrance, CA-based company an additional $89.99M against its service-wide basic ordering agreement to “provide engineering, technical, logistics, and manufacturing services to […]
If you thought you’d heard the last of the new-age rare earths processing startups, think again. This morning, a new California-based startup called Maglut Heavy Industries emerged from stealth with $3.1M in pre-seed funding and a goal of developing a “chromatography-based platform to process and refine rare earth elements domestically” in the US. (We’ll get […]
If you thought that SRMs and propellant were the only way to launch stuff into the air, well, think again. This morning, new-age launch company Auriga Space unveiled its new containerized Hermes electromagnetic launcher for drone interception and announced that they’ve already completed open-air testing of the system in the Mojave Desert. Basically, as we […]
If 2024 was hot girl summer and 2025 was BRAT summer, then 2026 may well be the summer of the defense tech IPO. (Yes, these all exist in the same cultural reference ecosystem, what are you talking about?) This morning, hypersonics and SRM giant Ursa Major announced that it plans to go public via SPAC […]
Happy Monday, y’all. We’re pretty amped up today. (Please forgive us; It was right there.) This morning, ruggedized power-for-the-edge company Chariot announced that it’s inked a $7.6M contract with DIU under the Portable Resilient Integrated Storage Module (PRISM) program. “Power availability decides what equipment troops get to bring to the fight,” Chariot Founder and CEO […]
The crazy kids over at Valinor have rolled out yet another new product, and this time, they’re quite literally saving lives. Yesterday, the new-age defense tech holding company unveiled a new product they are calling HarborPOD—a “UXV-agnostic payload built for unmanned CASEVAC and logistics resupply.” “With the proliferation of unmanned vehicles and the limited number […]
Well, sounds like at least one service is getting serious about the whole distributed and contested logistics side of things. Yesterday, heavy-lift drone company Elroy Air announced that it’s won a $46M multi-year contract with the US Army for “the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular […]
Just as we’re starting to gear up for the Tectonic European Defense Summit this winter (teaser, hehe), it looks like everyone and their mom is making bets on the Old Continent. This morning, USV giant Saildrone announced that they’re officially expanding their presence in Europe with a new, larger Copenhagen office and production in the […]
Maybe the AI bubble isn’t popping just yet—at least not here in defense tech land.
