Investment

The Pentagon Invests $350M in Quantum Computing

Strap in, nerds. Everything really is computer.  Yesterday, the Office of the Under Secretary of War for Research and Engineering (OUSW(R&E)) announced a total of $350M in awards and programs to “strengthen U.S. leadership in quantum computing capabilities that support national security.” With these awards, the Pentagon also says it will push the Department’s “innovation […]

Barratt Dewey
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 […]

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 […]

Investment

Exclusive: Guided Glide Bomb Startup Aventra Raises $17.5M 

Aventra has had a busy, busy year. Since coming out stealth with a $3.5M seed round last October, the Virginia-based startup has delivered hundreds of its high-altitude balloon-dropped glide bombs to US and NATO customers, doubled revenue (that’s production revenue, not RDT&E funding), and raised a nice chunk of new capital—$17.5M, to be exact, Aventra […]

Investment

Drone Darling Powerus Goes Public

After coming out of pretty much nowhere earlier this year, Powerus has notched headline after headline. But yesterday, the Florida-based drone startup made its biggest power play yet— ringing the bell on the Nasdaq to start trading as a public company.  The company first announced plans to go public back in March via a slightly […]

Investment

Hertha Metals Raises $133.65M Series A

Well, gosh darn. We didn’t think we’d be writing so much about rare earths and metals as a defense tech publication but, well, here we are. Yesterday, steel company (yes, we’re doing steel again) Hertha Metals announced that it’s raised a whopping $133.65M Series A to produce high-purity iron for domestic rare-earth magnets.  Hertha Metals […]