Well, if anyone thought the software hype era was over, think again. In case you missed it, on Wednesday, the Pentagon’s Chief Digital and Artificial Intelligence Office (CDAO) increased its enterprise agreement with AI integration and training giant Scale AI from $100M to $500M, supporting “the Department’s strategic imperative to accelerate the adoption of data, […]
Turns out that drone boats can do a lot more than just zip about and terrorize Russia’s Black Sea Fleet, y’all. Yesterday, USV company BlackSea Technology announced that it’s been awarded a $256M Navy contract to “build and support the Seabased Petroleum Distribution System (SPDS) program.” For those of you not steeped in specific Navy […]
Strap in, folks. It’s time to get into the nuts and bolts. On Monday, CA-based silicon photonic optical gyroscope (we’ll get to that) company Anello Photonics announced that it’s raised a cool $25M Series B-2 round led by MESH. New investor Washington Harbour Partners also joined the round, along with existing investors Lockheed Martin Ventures, […]
Everyone really is making that great, grand leap across the pond. This morning, Croatian drone giant Orqa FPV announced in an exclusive release to Tectonic that it’s spinning out an independent US entity called Orqa US, focused on building end-to-end UAV systems for Drone Dominance. The US company is teaming up with defense contractor By […]
Well, New Mexico is turning out to be the land of enchantment—at least for a few lucky deep tech firms. This morning, a new NM–based company, Tierra Adentro Growth (TAG) Capital (say that five times fast, nerds), announced in an exclusive interview with Tectonic that it has raised a $100M deep tech infrastructure fund focused […]
We’ve spent a heck of a lot of time talking about stuff that flies and goes boom lately, so today we’re gonna mix it up a lil’ bit. This morning, in an exclusive release to Tectonic, ground autonomy wunderkind Forterra unveiled a new autonomous vehicle called MESA, built on a “factory modified” Polaris Ranger XD 1500. The […]
If you’re a regular reader of Tectonic, you’ll know that the US has a bit of an energetics problem. Luckily, one organization is setting out to try and fix that. Earlier this week, ACMI Federal (part of the American Center for Manufacturing & Innovation) announced that it’s won $50M from the Naval Surface Warfare Center, […]
Vermeer CEO Brian Streem is quickly becoming Mr. Worldwide. This morning, the Ukrainian-American drone visual navigation startup announced in an exclusive release to Tectonic that it’s expanding operations to India and will begin selling its systems there through a local partner called Athena Intelligent Solutions. The team-up means Vermeer now has direct access to the […]
Welp, the cash money just keeps on flowing. Yesterday, aviation autonomy company Reliable Robotics announced that it’s raised a cool, cool $160M to “accelerate deployment and scale production of the Reliable Autonomy System (RAS).” That’s their flight autonomy stack that basically takes any plane and makes it a drone. The round was led by Nimble […]
Our drone boat friends over in Fareham are certainly having quite the week. Yesterday, everyone’s favorite new age defense company (Anduril) announced that it’s teaming up with UK-founded Kraken Technology Group to bring the company’s “proven family of small, high-performance, mass-producible USVs” to the US. The announcement comes just a day after Rheinmetall—that tiny German […]
