We’d be the first to tell you that it’s been a banner year in defense tech. As it turns out, the numbers back up our—and, if you’re reading Tectonic, your—excitement. According to a Q3 report from Pitchbook, defense tech venture capital is on track to close out the year “firmly in expansion mode.” We’re not […]
You know what sucks? When you’re flying a drone against Russian targets somewhere deep on the frontline and—suddenly—your comms line goes dark. It’s an experience that will be all too familiar to our Ukrainian military readers, and one that startup Zerophase is trying to make way less common. Late last week, the German data link […]
Time for a riddle: what swims below the ocean surface, can carry explosive payloads, and has just raised a big ol’ funding round? As it turns out—Vatn Systems. This morning, the Rhode Island–based autonomous underwater vehicle (AUV) startup announced that it closed a $60M Series A led by BVVC, with participation from investors including Hanwha, […]
Remember when we were way in the weeds on the nuts and bolts, unsexy side of the defense industry? Well, we’re back—it’s time to talk contracting. This morning, AI-powered government market intelligence platform (say that five times fast) Pryzm announced that it’s raised $12.2M in seed funding from Andreessen Horowitz (a16z) with participation from XYZ, […]
The hype for hypersonics is back, baby. On Friday, El Segundo-based hypersonic missile startup Castelion announced that they’ve officially closed their $350M Series B, led by Altimeter Capital and Lightspeed Venture Partners, with participation from Lavrock Ventures, Andreessen Horowitz, General Catalyst, First In, Space VC, Cantos, BlueYard, Avenir, Champion Hill, and Interlagos. The round—first rumored […]
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 […]
