Making your first acquisition is a big moment in any startup’s life, and Code Metal is speedrunning it. Yesterday, Code Metal announced that they’ve snapped up Signal Processing Technologies (SPT), a move that takes the three-year-old startup from simply translating high-level code and algorithms onto hardware systems into actually developing the algorithms themselves, starting with […]
Frying them with microwaves, shooting them down with robo-machine guns, jamming them—counter-UAS companies keep rolling out a growing and creative array of ways to take down drones. Askari has a different take on it. Rather than building vehicle-based or fixed-site air defense systems, the Atlanta-based startup wants to—quite literally—put interceptors into the hands of frontline […]
If you think the defense tech scene is hot in the US, take a look across the pond. Yesterday, German drone startup STARK quietly announced a very chill €500M ($567M) fundraising round led by longtime (in defense startup terms) backers Founders Fund and Sequoia Capital. The two-year-old company told Tectonic that the round put its […]
Well, gosh darn. Booz Allen ($BAH) is really doubling down on the whole defense tech thing. Yesterday, the government services giant announced that it’s acquiring Ultra I&C Mission Solutions—part of the Cobham Ultra Group—for a cool $720M. When the deal closes (expected by the end of September 2026), Ultra Mission Solutions will become a fully […]
Last year, Palmer Luckey said that he believes “the subterranean domain”—rather than sea, air, or space—“will be the defining [warfighting] space, but nobody agrees with me, and every time I talk about it I sound insane to people.” He also said that “a vehicle that moves through the crust of the earth is going to […]
Powerus is making power plays all over the place. Yesterday, the Florida-based drone company announced that it’s secured a $30M strategic investment from drone components-maker Unusual Machines, “[strengthening] a working relationship already in place between the two companies.” Power up: To back things up, Powerus, founded last year, has made headline after headline for a […]
It’s been quite the week for our friends across the pond at Eurosatory this week, and by the sounds of it, the continent’s defense buildup is showing no signs of slowing down. At least not if French planning and C2 company Comand AI has anything to do with it. This morning, the Paris-based startup announced […]
Well, it’s a big week for metals around here. This morning, advanced metals manufacturing startup Foundation Alloy announced that it’s raised a $22M Series A to “scale production on its MetalsFIRST™ platform—a fully integrated, solid-state metallurgy technology—to industrial volumes.” The round was led by Voyager Ventures, with participation from Trust Ventures, Yamaha Motors, America’s Frontier […]
If you didn’t believe us when we said, “Manufacturing is so hot right now,” well, we’re back with more data to prove our point. Yesterday, manufacturing startup and MIT spinout Fabri announced that it’s raised a total of $13.5M in funding since it was founded in 2022 from investors including Lavrock Ventures, Balerion Space Ventures, […]
The era of France’s most famous exports being wine, cheese, and Spurs phenoms may be coming to an end, at least if Alta Ares has anything to do with it. This morning, the French counter-drone software and hardware startup announced that it’s raised a €50M ($58M) Series A led by Air Street Capital, alongside Cherry […]
