The $464.8M contract covers dozens of AV’s LOCUST X3 cUAS systems.
Is it just us, or is the hush-hush world of explosives and energetics suddenly, well, booming? (Sorry—it was too easy.) This morning, Texas-based energetics manufacturing company Critical Materials Group announced that it’s raised a $10.3M seed round led by Overmatch Ventures, with participation from Victory Six Advisors and Fulcrum Ventures. The company says it will […]
Vantor really just keeps stacking wins. This morning, the geospatial intelligence giant announced that it’s been awarded a five-year contract (with a one-year base) by the Naval Information Warfare Center (NIWC) Pacific to “deliver maritime intelligence capabilities supporting missions across the Indo-Pacific.” The company could not disclose the value of the contract. Specifically, Vantor says […]
The Navy wants prototypes that cost less than $30M and can operate “directly from the sea.”
Never really thought we’d be writing about mining and refining as we’re a defense publication and all, but here we are. On Friday, the Pentagon announced two mega investments in yet more domestic critical minerals supply: “To build a robust defense-industrial base, we must secure the foundational materials that enable it,” Assistant Secretary of War […]
You know what sucks? When you’re trying to run an inference model at the edge, and your targeting or planning software completely craps out because, well, you simply don’t have the compute. Happens to the best of us. But luckily, Armada is back with yet another solution for the rather pesky problem of AI and […]
For everyone out there who saw REGENT Craft’s Seagliders when they came out of stealth back in 2021 and thought, “Holy hell, that is cool,” well, good news—a mega pool of investors agrees with you. This morning, the startup—which builds seacraft that are a cross between a hydrofoil, a boat, and an aircraft—announced that it […]
Now, we know they say when it rains it pours and all that, but, gosh, Castelion is really testing the limits of the phrase. Late yesterday, the US Navy announced that it’s awarded the Torrance, CA-based company an additional $89.99M against its service-wide basic ordering agreement to “provide engineering, technical, logistics, and manufacturing services to […]
If you thought you’d heard the last of the new-age rare earths processing startups, think again. This morning, a new California-based startup called Maglut Heavy Industries emerged from stealth with $3.1M in pre-seed funding and a goal of developing a “chromatography-based platform to process and refine rare earth elements domestically” in the US. (We’ll get […]
If you thought that SRMs and propellant were the only way to launch stuff into the air, well, think again. This morning, new-age launch company Auriga Space unveiled its new containerized Hermes electromagnetic launcher for drone interception and announced that they’ve already completed open-air testing of the system in the Mojave Desert. Basically, as we […]
