Saronic is making a big splash down south. On Wednesday, the autonomous surface vessel (ASV) heavyweight announced it’s making a $300M investment in its Franklin, Louisiana, shipyard, a move the company says will speed up its delivery of those robo-ships the Navy so desperately wants. Future fleet, here we come. Splashing around: Saronic has a […]
We’ve talked a lot about electronic warfare recently, and it looks like we’re not stopping anytime soon. This morning, in an exclusive interview with Tectonic, Sky Spy—a signal intelligence startup born on Ukraine’s frontlines—announced that they’ve raised a $1.6M pre-seed led by Expeditions Fund and Superangel, with participation from Freedom Fund, Sunfish Partners, Crosscourt Ventures, […]
If all goes according to plan, a handful of nuclear fission firms in the US will finally switch on their microreactor and small modular reactors before Independence Day. And Antares—a Redondo Beach, CA-based company building small-scale nuclear fission reactors for remote deployment—has just raised a fresh batch of funding to fuel its run-up to that […]
Looks like no one’s found the shut-off valve on the defense tech funding tap yet. This morning, in an exclusive release to Tectonic, DC-based VC New Vista Capital announced that it’s officially raising a $60M Fund I that it will deploy into early-stage aerospace and defense startups. In a world where everyone and their mom […]
Well, we’re back with more Heven AeroTech news—and man, oh man, do the drone dollars keep on comin’. On Monday, the Israeli-American hydrogen-powered drone startup announced that it’s closed a whopping $100M Series B funding round led by their new friends at IonQ, valuing the company at $1B. The Chinese Zodiac calendar officially says it’s […]
Ukraine’s path to NATO is looking shakier by the day, but that hasn’t stopped the alliance from pushing to integrate the country’s battle-tested tech into Europe’s defense tech ecosystem. Late last week, as we were all enjoying our turkey, NATO and Ukraine unveiled a new competition called “UNITE–Brave NATO,” designed to accelerate the adoption of […]
Well, the Europeans aren’t showing any signs of slowing down on the drone front. On Friday, German ISR UAS company (and STARK forefather) Quantum Systems announced that it has raised a €180M ($209M) Series C extension at a €3B ($3.49B) valuation, led by Balderton Capital. This comes on the heels of a €160M ($186M) raise […]
The counter-drone club just got its newest—and maybe youngest—member. In an exclusive release to Tectonic, Thermopylae, a California-based interceptor drone startup launched in June by a 21-year-old Ukrainian engineer, announced it has raised $1.6M in pre-seed funding. New kids: Drawing its name from the famous Spartan battle against the Persians immortalized in the movie “300,” […]
Well, the whole defense spending kick is showing no signs of abating. Yesterday, Taiwanese President Lai Ching-te announced in an op-ed in the Washington Post that his country plans to spend an extra $40B (about NT$1.25T) on defense to counter the growing threat from China. A massive portion of the supplementary defense package—which would be […]
For all of the time we spend talking about the shiny, go-boom side of defense, we haven’t spent too much time in this newsletter on one of the scarier sides of modern conflict: cyber warfare. Lucky for us, a startup called Twenty that came out of stealth last week is all over it. The company—founded […]
