The money moves just keep on coming. Last week, Business Insider reported that national security VC America’s Frontier Fund—of Venus Aerospace and Foundation Alloy fame—is raising $315M for its deep-tech focused Frontier Fund. According to a fund insider Tectonic spoke to on condition of anonymity (those pesky SEC regulations), the raise will officially close in […]
Turns out the European defense tech companies are making money moves, too. This morning, “next-generation defense prime” Harmattan AI announced in an exclusive release to Tectonic that they’ve secured a more than $10M (double-digit millions) contract from a “large NATO country” to deliver AI-enabled small drones. Though Harmattan was scant with details on the contract, […]
Ah, to be a fly on the wall of the NATO summit. In case you missed it, alliance leaders met this week in the Hague and, well, they had a lot to talk about. Some highlights included: Trump flying in pretty pissed at Iran and Israel, Rutte sending Trump a wall of complimentary text (and […]
If we’ve learned anything from the budget and reconciliation drama of the past few weeks, it’s that the way money moves around Washington is, like, extraordinarily complicated. Between the congressional infighting, creative allocation maneuvers (looking at you, BBB), and the missing details, things can get confusing real quick. Well, the good news is, looks like […]
Once upon a time (last Friday), before the US had struck Iran and sent us all into an X-fuelled tailspin, a pretty interesting announcement came out of the tail-end of the Paris Air Show: Electra.aero (maker of the ultra-short takeoff and landing EL9 aircraft) and Lockheed Martin Skunk Works ($LMT) are teaming up. According to […]
Another day, another huge piece of news for European defense tech. This morning, Anduril announced a strategic partnership with German defense prime Rheinmetall to co-produce a suite of autonomous air systems and propulsion capabilities for militaries on the continent. As we said yesterday: Zeitenwende, indeed. Anduril and Rheinmetall’s partnership will center around three capabilities: The […]
Remember when we said that maritime is all the rage? Well, we’re back to prove our point. This week, AI-powered sonar company Andrenam announced they’ve raised $10M in seed funding to build out their core tech – a distributed network of underwater acoustic sensors. When Tectonic chatted with Cernosek about the raise, he was on […]
One day last month, a very precious delivery arrived at autonomous vehicle company Applied Intuition’s garage: a Humvee and an infantry squad vehicle (ISV), sent by the Secretary of the Army, Daniel P. Driscoll, himself. He had visited the company’s headquarters with Army Chief of Staff Randy George a few days prior, seen the company’s […]
Autonomous fighter jets, here we come. This week, Germany-based artificial intelligence company Helsing announced that their AI agent Centaur successfully took control of a Swedish Saab Gripen-E combat jet in flight tests over the Baltic Sea. According to the company, Centaur took over long-range flight controls from a human pilot, pulled off some complex flight […]
If you thought you’d seen the end of defense tech start-ups teaming up, think again. This morning, unmanned surface vessel (USV) company Havoc AI announced in an exclusive release to Tectonic that they’re teaming up with Tocaro Blue to integrate the company’s ProteusCore™ marine radar processing system onto Havoc’s vessels. Paul Lwin, CEO of Havoc […]
