To whoever thought this would be a slow news week in defense tech land, think again. Yesterday, Anduril announced that it’s teaming up with teeny tiny startup Boeing to provide solid rocket motors for the prime as part of its bid for the U.S. Army’s Integrated Fires Protection Capability (IFPC) Increment 2 Second Interceptor competition. […]
Guess the AI bubble for defense hasn’t popped quite yet. This week, a new company (well, Public Benefit Corporation) called Lancea.AI emerged from stealth, promising to use AI to drive effective strategic communication—especially in high-pressure situations, like intelligence and national security. According to Lancea co-founder Greg Young, the company’s software is built for “adaptive influence.” […]
In case you missed it, Germany-based drone company Quantum Systems is making some serious money moves. Just two weeks after raising €180M at a cool €3B, the company announced yesterday that it’s launching a joint initiative with Ukrainian company Frontline Robotics called “Quantum Frontline Industries.” The mash-up—part of a defense cooperation initiative formally launched during […]
The Golden Dome may be facing some serious price-tag questions, but it doesn’t look like that’s tamped down anyone’s interest in next-gen missile defense. This morning, defense startup Long Wall—the artist formerly known as ABL Space Systems—announced that it’s building a “new, surface-launched, exoatmospheric interceptor to defeat missiles in the midcourse phase of flight,” called […]
If you’ve been paying attention to the past year of Tectonic (!!), you’ll recognize a sneaky three-letter acronym that pops up on a lot of defense tech cap tables: IQT. For those lucky enough not to be in the know, that stands for In-Q-Tel, a not-for-profit venture fund backed by the US government and investing […]
The year of the mash-up is coming to a hell of a close. This morning, in an exclusive release to Tectonic, American FPV drone company Neros Technologies announced that it’s building a fiber-optic drone with Israel’s Kela Technologies, just a week after the two companies announced an official partnership. The drone-with-a-cord is a modification of […]
Time for a riddle: what swims below the ocean surface, can carry explosive payloads, and has just raised a big ol’ funding round? As it turns out—Vatn Systems. This morning, the Rhode Island–based autonomous underwater vehicle (AUV) startup announced that it closed a $60M Series A led by BVVC, with participation from investors including Hanwha, […]
Remember when we were way in the weeds on the nuts and bolts, unsexy side of the defense industry? Well, we’re back—it’s time to talk contracting. This morning, AI-powered government market intelligence platform (say that five times fast) Pryzm announced that it’s raised $12.2M in seed funding from Andreessen Horowitz (a16z) with participation from XYZ, […]
The hype for hypersonics is back, baby. On Friday, El Segundo-based hypersonic missile startup Castelion announced that they’ve officially closed their $350M Series B, led by Altimeter Capital and Lightspeed Venture Partners, with participation from Lavrock Ventures, Andreessen Horowitz, General Catalyst, First In, Space VC, Cantos, BlueYard, Avenir, Champion Hill, and Interlagos. The round—first rumored […]
If anyone thinks M&A isn’t the road to success, someone better tell the defense tech world—and fast. Earlier this week, European defense tech darling STARK announced that it has acquired AeroMass Technologies, a “distributed manufacturing company” that says it builds “scalable, attritable systems for the modern battlefield.” The move comes just a few months after […]
