Well, we told you that everyone was into making things go fast these days. Yesterday, as first reported by Axios, propulsion company Ursa Major announced that they’ve landed a $34.9M contract to sell their signature Draper engines to “an undisclosed U.S. aerospace and defense company.” Coy. The company seems to see the contract as a […]
Remember when Y Combinator startups made food delivery and crypto apps? Well, how times have changed. Perseus Defense, which launched out of this year’s YC cohort, is definitely not the next DoorDash. The startup is building 15in mini-missiles capable of detecting, identifying, and destroying hostile drones. And, this morning, the team announced in an exclusive […]
We teased yesterday, but it really does seem that the export of Ukrainian defense tech across the NATO alliance is beginning to pick up speed. Yesterday, Ukrainian UAV software company Swarmer announced that it’s closed a $15M Series A led by Florida-based Broadband Capital Investments, with participation from R-G.AI, D3 Ventures, Green Flag Ventures, Radius […]
Are you feeling the reindustrialize vibes yet? Well, you should, because defense and automotive manufacturing startup Divergent just closed a $290M Series E at a $2.3B valuation. The company already has some big-time manufacturing contracts with the primes, but Divergent is setting its sights on scaling with the defense tech newcomers now, too. Behind the […]
What if we told you that there was a network of top former national security officials, SOCOM veterans, and Silicon Valley operators that has been operating in the shadows since 2021, quietly funding some of the biggest startups in the defense tech scene? And what if we told you that they’re not looking to cash […]
Well, looks like everybody really is getting into the defense tech VC game. Yesterday, at the US Army Demand Signal Forum in DC, SecArmy Dan Driscoll officially unveiled a new innovation program called Fuze, designed to better scale commercial products from prototypes to programs of record. Driscoll (a former VC and investment banker himself) said […]
If you thought we were done with European defense, think again. In a plot twist few expected, German defense behemoth Rheinmetall is getting into the shipbuilding game. Yesterday, the company announced that it’s snapping up Naval Vessels Lürssen (NVL), the military division of the Lürssen Group (which also builds fancy yachts). This comes just a […]
With the Defence and Security Equipment International (DSEI) trade show kicking off in London, we all knew it would be a big week for European defense tech. On Monday, German drone startup Quantum Systems got the ball rolling by announcing a €50M investment in the UK over the next five years. That’s the tea. Quantum […]
Well, it’s shaping up to be quite the week in European defense. This morning, “defense-as-a-service” company Tiberius Aerospace announced in an exclusive release to Tectonic that it has raised a $4.5M founders’ round, backed by Never Lift Ventures, Blacklake, firedrop VC, Beaten Zone Ventures, and other strategic investors. Just last week, the company also announced […]
Everyone loves a good competition, and NATO DIANA just dropped its latest leaderboard. On Thursday, the alliance’s defense tech accelerator announced the 15 winners of their 2025 pitch competition. The companies span ten countries and a range of sectors, and NATO’s betting that they’re just what the alliance needs to accelerate into the future. From […]
