Investment

Hertha Metals Raises $133.65M Series A

Well, gosh darn. We didn’t think we’d be writing so much about rare earths and metals as a defense tech publication but, well, here we are. Yesterday, steel company (yes, we’re doing steel again) Hertha Metals announced that it’s raised a whopping $133.65M Series A to produce high-purity iron for domestic rare-earth magnets.  Hertha Metals […]

PentagonTech

Saronic Wins Roughly $400M Production OTA for Marauder

Well, jeez. We knew maritime autonomy was all the rage, but the US government (and a certain Texas-based drone producer) are getting mega-serious about it. Yesterday, not-so-tiny USV startup Saronic announced that it’s been awarded a production OTA under the US Navy’s Medium Unmanned Surface Vessel (MUSV) Marketplace for Marauder, its 180-foot autonomous ship. Under […]

EuropeTech

STARK Unveils Vanta-12, Teams Up with MBDA

You know what’s better than a drone boat? A big ol’ drone boat with some BFMs (big f*cking missiles) strapped on board.  Luckily, the dudes (and dudettes) over at STARK have taken this lesson to heart.  This morning, the European defense tech darling unveiled a new 12 m variant of its Vanta USV (yes, they […]

Investment

Exclusive: Quantum Sensing Startup Mesa Quantum Raises $11.8M

It’s really a big week around here for the nuts and bolts of defense tech, huh? But lock in. Because this one is super interesting. (At least we think so). This morning, quantum sensing startup Mesa Quantum revealed in an exclusive release to Tectonic that it’s raised $11.8M in funding led by Playground Global, bringing […]

EuropeInvestment

TERASi Raises €11M ($12.5M) Seed Led by NIF and JOIN

All those shiny fun boats, drones, interceptors, and missiles you guys make are fun and all, but they’re not all that helpful if they don’t have reliable comms to, like, tell them where to go. Luckily, Sweden-based TERASi is here to help—and they’ve now got a whole new pile of cash to help them do […]