Looks like the big dogs are finally realizing that a lot of the tech they need might very well be sitting right here in startup land. Yesterday, up-and-coming defense company Lockheed Martin announced a $25M investment into Utah-based counter-drone startup Fortem Technologies, a sum that represents, according to the prime, “the initial tranche of Fortem’s […]
Welp, the cash money just keeps on flowing. Yesterday, aviation autonomy company Reliable Robotics announced that it’s raised a cool, cool $160M to “accelerate deployment and scale production of the Reliable Autonomy System (RAS).” That’s their flight autonomy stack that basically takes any plane and makes it a drone. The round was led by Nimble […]
Strap on your life jackets, kids. We’re headed out to sea. Yesterday, “ocean company” (we’ll explain) Ulysses announced that it’s raised a $38M Series A led by Andreessen Horowitz’s (a16z) American Dynamism fund, with participation from Booz Allen Ventures and Harpoon Ventures, bringing total funding to $46M (with an earlier, unannounced $8M seed). The startup—which […]
Turns out an old dog can, in fact, learn new tricks. Yesterday, mom-and-pop shop Lockheed Martin announced that it’s boosting its venture fund (aptly named Lockheed Martin Ventures) from $400M to a cool $1B, marking “the largest boost in investment since the fund was established in 2007.” The prime says it will use the funds […]
Advanced manufacturing might be all the rage in 2026, but (yet another!) startup out of El Segundo has a different take on it. Late last week Hybron—an advanced composite manufacturing startup producing carbon fiber components to replace steel and other raw materials in everything from jet engine blades to 155mm shells—announced that it’s raised a […]
Well, if you thought that the LA defense tech scene couldn’t get any hotter, think again. Yesterday, super-ultra-fast aircraft company Hermeus announced that they’ve raised a cool $350M Series C at a $1B valuation and that they’re building a big ol’ HQ in El Segundo. The round was led by Khosla Ventures, with continued support […]
You know an industry is blowing up when the private equity (PE) guys are coming for it. Yesterday, New York and Florida-based PE fund OceanSound Partners closed a $3.4B Fund II to invest in “technology and technology-enabled services companies serving aerospace, defense, government and highly regulated enterprise end markets.” The oversubscribed fund (goal was $2B) […]
In case you weren’t aware, defense isn’t always about the stuff that goes boom. Sometimes it’s about the (arguably much scarier) stuff we can’t immediately see. Lucky for us, a newly funded startup is here to help. This morning, Dutch biotech company Inbiome announced that it has raised a $16M Series A co-led by the […]
If anyone thought the hype for maritime would fade, what with the whole “potential extended ground war in Iran” thing, think again. This morning, autonomous maritime giant Saronic announced that it’s raised a $1.75B Series D—yes, billion with a “B”—at a $9.25B post-money valuation. Again, yes, that’s all with a “B”. The round was led […]
In case you missed it amidst the, like, ten thousand mega-raises in the past few days, it’s been quite the week for a certain Alabama-based drone company. On Wednesday, Huntsville-based Performance Drone Works announced that it’s raised a cool $110M+ Series B led by Ondas with participation from Hood River, Cedar Pine, Hanwha Asset Management’s […]
