Investment

Helsing Acquires Grob Aircraft SE

The consolidation is happening overseas, too. Yesterday, European defense darling Helsing announced they’ve acquired German aircraft company Grob Aircraft for an undisclosed amount.  According to Helsing, the partnership will combine Grob’s “expertise in composite aircraft manufacturing with Helsing’s artificial intelligence (AI) and software solutions, [unlocking] significant potential for innovation and growth.” Troubled waters: Despite being […]

InvestmentPentagonTech

Firehawk Scores $4.9M AFRL Contract, Announces New Facility

We told you that things were speeding up. Late last week, energetics company Firehawk Aerospace announced that they’ve secured a $4.9M contract with the US Air Force to help accelerate the development of next-gen hybrid rocket engines for strategic and tactical missiles. Firehawk CEO Will Edwards told Tectonic that the company will work with AFRL […]

Investment

Applied Intuition Is London-Bound

We told you everyone was making the great leap across the pond. Yesterday, vehicle autonomy software company Applied Intuition announced that it’s officially launching in the UK. The company—which just last week announced two new defense autonomy products—plans to invest £50M ($67M) in the country and open a research and development office in central London. […]

Investment

Saronic Crosses the Pond

Drone boat company Saronic is officially making the great, trans-Atlantic leap. This week, the 8VC-backed company—known for its ever-growing family of unmanned surface vessels (USVs) and fat, fat valuation—announced that it’s officially opening an office in the UK and expanding operations in Australia.  London calling, indeed. AUKUS-tastic: Saronic says it’s making the move as part […]

InvestmentPolicy

What did Trump’s Middle East Trip Mean for Defense?

In case you missed it, President Trump took a grand ol’ whistle-stop tour through the Middle East last week, visiting Saudi Arabia, Qatar, and the UAE, and securing—per his team—over $2T in deals (though the numbers are a little fuzzy).  You may have overlooked it amidst the hair-flipping, camel-and-horse-parading, and mobile-McDonald’s-making, but a few of […]

InvestmentTech

Exclusive: Adyton Raises $11M, Scores a $7M Navy Contract

Remember when we said that some of the most cutting-edge defense tech isn’t necessarily the flying, sexy stuff? Well, we’re back to prove our point.  This morning, military operations software company Adyton announced to Tectonic in an exclusive release that they’ve received $11M in funding led by Venrock, with participation from Khosla Ventures, Liquid 2 […]

Investment

Exclusive: Usul Raises $3.3M to Help Companies Win Defense Contracts

Sit around any defense tech conference long enough, and the industry’s main gripe will become abundantly clear: the Pentagon is a byzantine labyrinth, and the government is, well, a pain in the ass to work with.  Turns out one company may have finally found a solution. This morning, software startup Usul—born out of Stanford’s Hacking […]

InvestmentTech

Exclusive: Vatn Opens Large-Scale Facility, Launches a New AUV

We’ve said it before and we’ll say it again. Maritime autonomy is all the rage, and the hype only seems to be growing.  This morning, autonomous underwater vehicle (AUV) company Vatn Systems announced a twofer in an exclusive release to Tectonic: First, they’re opening a new, higher-capacity production facility in Bristol, Rhode Island. And second, […]

InvestmentTech

Exclusive: Foundation Alloy Raises $7.5M for Advanced Metals Manufacturing

Not all defense innovation is flying, drone-y things. Sometimes, it’s the very materials that make it possible to build advanced systems, like metals. Enter: Foundation Alloy. This morning, the advanced metals manufacturing company announced a $7.5M funding round, led by Alumni Ventures, America’s Frontier Fund, Engine Ventures, El Cap, Material Impact, and Yamaha Motor Ventures. […]

InvestmentTech

Anduril Acquires Klas, Launches Menace-T

The Anduril empire just keeps on growing. This morning, everyone’s favorite defense tech company announced a twofer: First, they’re acquiring Klas, a tactical comms and edge computing company out of Dublin, pending regulatory approval. And second, they’re unveiling a new member of the Menace command, control, communications, and computing (C4) systems family: Menace-T. In a […]