InvestmentTech

Gallatin AI Raises $15M to Revamp Frontline Logistics

Many of the hardest things about warfare are the things that seem the simplest. Like getting the right supplies to the right place at the right time. It’s super tough to know what fighters need and to get it to them before it’s too late, especially in far-flung places like the Indo-Pacific. (US military leaders […]

InvestmentTech

Amca Raises $76.5M to Revamp Component Manufacturing

The manufacturing hype continues. On Tuesday, serial entrepreneur Jai Malik and former SpaceX engineering lead Eli Giovanetti launched The Advanced Manufacturing Company of America, or Amca, which they say will better build the “human-machine interface products.”  Those are things like sensors, power units, and flight-control computers that enable a person to run something like an […]

InvestmentTech

Epirus Raises $250M to Build Out Production Capacity

Big week for C-UAS systems.  Yesterday, directed energy weapons company Epirus announced a $250M Series D, led by 8VC and Washington Harbour Partners LP. CEO Andy Lowery told Tectonic that the funding will be used to ramp up production of the company’s Leonidas™ system and build a facility in Oklahoma that would enable the company […]

InvestmentTech

Saronic Raises $600M at $4B Valuation

Let’s play a game. What company is less than three years old, builds unmanned vessels, and is worth $4B? Saronic, as it turns out. The Texas-based USV company announced today that it has raised a $600M Series C, quadrupling its valuation from last summer.  The round was led by Elad Gil, with participation from General […]

InvestmentPolicy

The State of European Defense Innovation

In case you missed it, Europe is reeling.  On a whirlwind tour of the continent last week, SecDef Pete Hegseth and VP JD Vance openly questioned the transatlantic security agreements that have underpinned European defense since WWII. Meanwhile, Trump is pushing forward with Ukraine peace talks that exclude Ukraine, along with all of Washington’s European allies. Then there was that hour-and-a-half-long call with […]

Investment

EnCharge AI Closes $100M Series B

Much of the world might have been gobsmacked by DeepSeek and AI’s Sputnik moment, but EnCharge AI has been thinking about how to make artificial intelligence more efficient and more powerful for years.  The company’s proprietary analog in-memory chip—developed initially out of a Princeton lab by CEO Naveen Verma and his team—is 20X more efficient and 9X […]

InvestmentTech

Anduril’s Winning Streak

Palmer Luckey just can’t stop winning. Over the weekend, CNBC reported that Anduril is reportedly in talks to raise up to $2.5B at a $28B pre-money valuation. Sources familiar with the deal told Tectonic that the round was led by Peter Thiel’s Founder’s Fund, which coughed up a $1B check. The term sheet was reportedly signed on […]

InvestmentTech

Applied Intuition Acquires EpiSci

Thought the AI mergers were over? Think again. Today, autonomous vehicle software developer Applied Intuition announced that it’s acquiring EpiSci, a software company that builds autonomous systems for everything from drones to surface vessels to fighter jets.  Applied Intuition CTO and co-founder Peter Ludwig told Tectonic that the deal would enable the company to expand beyond ground-based […]

Investment

America’s Frontier Fund Backs Venus Aerospace

Just days after being licensed by the DoD’s Small Business Investment Company Critical Technologies (SBICCT) initiative, America’s Frontier Fund (AFF) announced it’s backing Venus Aerospace in its quest for hypersonic flight. Venus says the money from the Eric Schmidt and Peter Thiel-backed fund will help advance its VDR2 engine for use in high-speed capabilities from missiles to […]

Investment

From Ohio, With Love

Looks like defense production is coming back to the Buckeye State.  This morning, Anduril Technologies announced that it will build its long-anticipated Arsenal-1 hyperscale manufacturing facility in Columbus, OH. Anduril will invest $1B of its own capital in the plant, which at full capacity will span 5M+ square feet, employ 4,000 people, and produce tens […]