Investment

Interceptor Startup Furientis Raises $25M Seed, Scores First OTA

The interceptor game really is so hot right now.  In case you missed it—earlier this week, interceptor startup Furientis announced that it’s raised a $25M seed round led by Benchmark and scored an OTA with the Pentagon to develop its 100-mile-range interceptor vehicle. “Furientis exists to resupply our critical deficiency in defensive munitions,” Furientis Co-Founder […]

EuropeTech

Harmattan Unveils IRIFI Deep Strike UAV

In case you haven’t had a keen eye trained on Ukraine this summer, deep strike is quite the hot topic right now.  Basically, companies like Fire Point have shown that lower-cost, autonomous deep strike weapons (like, with ranges well above 200 kilometers) can inflict oodles of damage deep in adversarial territory—especially when you train them […]

PentagonTech

X-Bow Scores $69.7M Contract for SRMs with the US Navy

Damn. The Navy really is on quite the spending spree.  This morning, New Mexico-based solid rocket motor (among much else) company X-Bow Systems announced that it’s been awarded a prototype agreement with the Navy worth $69.7M to “develop and qualify a solid rocket motor booster for a key U.S. Navy next-generation weapon.” An X-Bow spokesperson […]

EuropeInvestment

Minerva Humanoids Emerges from Stealth with $10M Led by GC

We spend a lot of time here at Tectonic talking about the baby-tank flavor of robots, but robots of the humanoid variety get a whole lot less airtime. That changes today. This morning, Germany-based humanoid robot company Minerva Humanoids (fitting) emerged from stealth with $10M in pre-seed funding led by General Catalyst.  The company’s robot—called […]

PentagonTech

Exclusive: Striveworks Lands $9.75M Contract with US Army Europe and Africa 

Military AI is going on a little Eurotrip, y’all.  This morning, AI-for-defense hotshot Striveworks announced in an exclusive release to Tectonic that it’s scored a $9.75M contract with the US Army in support of Task Force RAVEN, the “Army effort to put AI agents to work in European operations.” Under the contract, US soldiers in […]

PentagonTech

Exclusive: Ditto Scores $17M SOCOM APFIT Award

Looks like the operators are going high-tech, y’all.  This morning, peer-to-peer data transfer company Ditto announced in an exclusive release to Tectonic that it scored a $17M APFIT contract with USSOCOM to “[field the] Ditto platform across USSOCOM, enabling real-time data sharing between humans and autonomous systems operating at the tactical edge.” In real terms? […]