If you thought there were enough companies that were making the things that go boom, think again. This morning, new and stealthy munitions startup Ordnance Aero announced in an exclusive release to Tectonic that they’ve entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Army Combat Capabilities Development Command Armaments Center (DEVCOM […]
Welp, big ol’ week for our friends across the pond. This morning, British maritime autonomy darling Kraken Technology announced that it’s raised a $175M Series B at a $1B valuation, which the company says will “accelerate Kraken’s rapid capability development and international manufacturing expansion.” The round was led by DTCP with participation from the British […]
If you still had any doubts that Europe was getting serious about defense (and defense tech), well, we’re back with even more evidence to prove you wrong. Yesterday, Warsaw-based VC Expeditions announced that it’s raised a €197M ($224.5M) Fund II, which it says will “address Europe’s critical capability gaps, as well as strengthen economic and […]
Remember when Y-Combinator graduates were building food delivery startups and e-commerce sites? Yeah, those days are well and truly gone. This morning, integration startup Surtr—part of YC’s Spring ’26 cohort—announced in an exclusive release to Tectonic that it’s raised a $4.8M seed round to build software that brings all the different sensors, command tools, and […]
Well, the moment you’ve all been waiting for is finally here. Late last week, the Ukrainian government officially announced its first mechanism for exporting defense and military technology to partner nations. Under the setup—in the works for nearly two years—the government will maintain pretty tight control over exports, but manufacturers will (at long last) be […]
You know what sucks? When you’ve got a drone on mission with no (or limited) comms and it gets lost with no satellite data to fall back again. Can be a pretty pricey—or at least deeply annoying—issue. Well, good news is, visual navigation startup Vermeer has come up with a solution. This morning, the company […]
Well, jeez. We thought Quantum Systems was already having quite the year—turns out we didn’t know the half of it. This morning, the German autonomy giant announced that it’s raised a $1.2B Series D at a $8B valuation, co-led by Blackstone, Noteus, Airbus, and Advent. The company says it will use the money to “accelerate […]
If there is one thing you take away from today’s newsletter, let it be this: Everyone and their mother is still pouring oodles (and then some more oodles) of money into defense. Yesterday, SF-based Cantos Ventures announced it closed a $70M Fund IV earlier this year, which Founder & GP Ian Rountree told Tectonic that […]
If you thought those super-precise 2D satellite images of—for example—bombed-out Iranian nuclear sites were cool, just wait ’til you hear what Vantor has in store for you today. This morning, the satellite imaging company (formerly known as Maxar Intelligence—but you should know that by now) released a new product line it’s calling WorldView 3D that […]
The Canadians are really making some serious money moves in defense, eh? This morning, Canadian defense tech darling Dominion Dynamics announced that it’s raised a CA$139M (US$100M) Series A led by Georgian (Canada’s largest VC). Dominion founder and CEO Eliot Pence told Tectonic that the company will use the money to scale up production of […]
