By the look of things, it’s going to be a busy, busy week out in National Harbor. This morning, USV darling Saildrone announced at Sea-Air-Space that they’re building a new, 52-meter (170-foot) USV called Spectre, the “largest, fastest, and most capable Saildrone platform to date,” according to the company. The big ol’ drone boat is […]
It’s Sea Air Space week, baby, and the news is already coming in hot and fast. This morning, maritime perception company Tocaro Blue (you’ll remember them from their team-up with Havoc AI) unveiled ApolloCore, a new camera-based machine learning software, in an exclusive release to Tectonic. The stack—designed to work with the company’s ProteusCore radar […]
Strap on your life jackets, kids. We’re headed out to sea. Yesterday, “ocean company” (we’ll explain) Ulysses announced that it’s raised a $38M Series A led by Andreessen Horowitz’s (a16z) American Dynamism fund, with participation from Booz Allen Ventures and Harpoon Ventures, bringing total funding to $46M (with an earlier, unannounced $8M seed). The startup—which […]
Turns out an old dog can, in fact, learn new tricks. Yesterday, mom-and-pop shop Lockheed Martin announced that it’s boosting its venture fund (aptly named Lockheed Martin Ventures) from $400M to a cool $1B, marking “the largest boost in investment since the fund was established in 2007.” The prime says it will use the funds […]
Well, it looks like the Pentagon might finally be well and truly getting on the AI bandwagon. This morning, AI-for-defense startup Striveworks announced in an exclusive release to Tectonic that they’ve scored a $70M multi-year enterprise agreement (EA) with the DoD (through the US Army) to deploy their flagship Chariot Core software across the Department. […]
Well, the Nordics are making some money moves, aren’t they? This morning, Danish sensor startup Sapient Perception announced in an exclusive interview with Tectonic that they’ve raised a €2M ($2.4M) pre-seed round co-led by Balnord and FORWARD.one. The company says it will use the money to “accelerate development of the company’s software-defined cameras and AI […]
It’s a rare week when we write about more contracts than we do investments, but here we are. This morning, space and defense giant Redwire ($RDW) announced in an exclusive release to Tectonic that it’s been awarded $20M in follow-on orders from the Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program Office (PMA-263) […]
Lock in, kids. It’s time for a dose of the super-scary, invisible threats we all know and love. This morning, Ginkgo Biosecurity—the biosecurity arm of Ginkgo Bioworks—officially spun out from its Boston-based parent company as Perimeter. The new firm—led by founder and CEO Matt McKnight—has already secured a cool $60M in growth capital from Kanders […]
Dare we say it seems like the Pentagon might actually be getting with the El Segundo vibe? This morning, LA-based CX2 announced in an exclusive release to Tectonic that its Wraith “airborne EW system” (drone) and another yet-to-be-announced product have been selected for Design Reference Mission 3 (DRM3) under the Defense Innovation Unit’s Project G.I. […]
Interceptors really are so hot right now. This morning at the London Defense Conference, UK Secretary of State for Defense John Healey announced that the MoD will buy “hundreds” of Skyhammer interceptors from startup Cambridge Aerospace as part of a “multi-million-pound” contract. The deal covers “integration, technical support, and end user training,” and the company […]
