Investment

Code Metal Raises $125M Series B

We’re back to the nuts and bolts, baby.  Yesterday, Code Metal, a “code [translator] for mission critical industries” (we’ll explain, dw) announced that it’s raised a $125M Series B led by Salesforce Ventures with participation from Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch, RTX, and others. This latest round brings the […]

Pentagon

Anduril Scores $43.7M in DPA Funding for SRMs

Everyone’s favorite neoprime is back—and this time with some explosive news (bada-bing!). This morning, Anduril announced that it has received $43.7M in Defense Production Act Title III funding to expand solid rocket motor (SRM) production in the US. The company says the funding will be used to “increase the efficiency and resiliency of [Anduril’s SRM […]

Tech

Exclusive: Accelint Sets Out on Long-Haul Voyage for OUSW R&E

If you thought the unmanned surface vessel world couldn’t get any more crowded, well, think again.  This morning, Accelint announced in an exclusive release to Tectonic that its new MV-20 surface vessel has set out on a 600+ mile-long long-endurance mission in the Gulf of Mexico to prove “endurance, navigation, and integrated payload performance under […]

Tech

Divergent and Mach Industries Team Up

Watch out, world: The LA boys are teaming up. Yesterday, Mach Industries and new-age manufacturing giant Divergent announced that they’ve teamed up to build a drone called Venom, a “prototype flight demonstration aircraft showing hardware development at software speed,” according to a statement put out by the two companies. And they’re not messing around when […]

Europe

Quantum Systems Secures €150M ($178M) in Financing 

Well, the European drone dudes certainly aren’t messing around at the Munich Security Conference. Yesterday, German drone giant Quantum Systems (QS) announced that it’s secured €150M ($178M) in financing backed by the European Investment Bank (EIB), Commerzbank, KfW, and Deutsche Bank. The company says the money will be used to “support the company’s continued growth […]

Europe

Applied Intuition Snags UK DSTL Swarming Contract

The great American leap across the pond continues.  This morning, autonomy giant (and dual-use stan) Applied Intuition announced that it has officially been awarded a UK Ministry of Defence (MoD) Defence and Science Technology Laboratory (DSTL) to “deliver a complete autonomy test bed for ground-launched, near-surface drone swarms.” Applied will lead a consortium of companies—Rowden […]

Investment

Exclusive: Tenna Raises $13.5M Seed

In case you haven’t noticed, electronic warfare is kind of a big deal right now. From the frontlines of Ukraine to Caracas (apparently), everyone is trying to figure out the best way to jam and spoof their adversaries while avoiding being jammed and spoofed themselves.  Enter: Tenna Systems, an Israeli startup building a spectrum intelligence […]

Tech

Exclusive: Anduril and Nominal Officially Team Up

Is it just us, or does it seem like everyone is teaming up right now? This morning, new-age defense tech testing company Nominal announced in an exclusive release to Tectonic that it’s officially partnering with Anduril to scale its testing infrastructure across Anduril’s production lines.  Nominal CEO Cameron McCord told Tectonic that his company will […]

EuropeTech

Second Front and Valarian Team Up

The mash-ups continue.  This morning, Second Front Systems (2F) and UK-based Valarian announced a strategic partnership to pair up Second Front’s government-facing commercial tech adoption software with Valarian’s sovereignty-focused data infrastructure to build a “new generation of sovereign-by-design digital solutions with controlled deployment pathways, compartmentalized environments, and audit-first infrastructure.” For the illiterate among us—basically, the […]

Investment

Constellr Raises $44M Series A

We may have just announced the Payload X Tectonic mashup at our summit in March, but we ain’t done talking about space-y defense-y stuff yet.  This morning, German thermal intelligence company constellr announced that it’s raised a €37M ($44M) Series A led by Alpine Space Ventures and Lakestar. The company says it will use the […]