The deal marks the first time a venture firm will test a shared savings model in defense.
Seasats secured over $24M in fully-funded orders for its Lightfish small-USV in August.
The $464.8M contract covers dozens of AV’s LOCUST X3 cUAS systems.
Watch out, world. The US Army’s kill chain is going mobile. On Tuesday, the Army awarded two contracts worth a combined $192M—$127M to Palantir and $65M to Anduril—to move the Tactical Intelligence Targeting Access Node (TITAN) AI-powered mobile ground station from prototype into production. Clash of the TITANs: The TITAN program, to back things up, […]
Vantor really just keeps stacking wins. This morning, the geospatial intelligence giant announced that it’s been awarded a five-year contract (with a one-year base) by the Naval Information Warfare Center (NIWC) Pacific to “deliver maritime intelligence capabilities supporting missions across the Indo-Pacific.” The company could not disclose the value of the contract. Specifically, Vantor says […]
The Navy wants prototypes that cost less than $30M and can operate “directly from the sea.”
A few short weeks after raising a $60M Series B at a $600M valuation, Heaviside is showing no signs of slowing down. Late last week, the California-based super-stealthy, precision-munitions company was awarded a five-year, $99M IDIQ contract with the US Army, but it wasn’t for the tech you might expect from a go-boom startup. Instead, […]
Never really thought we’d be writing about mining and refining as we’re a defense publication and all, but here we are. On Friday, the Pentagon announced two mega investments in yet more domestic critical minerals supply: “To build a robust defense-industrial base, we must secure the foundational materials that enable it,” Assistant Secretary of War […]
The Army awarded five nuclear companies a collective $2.2B to deploy microreactors on five military installations.
The 155mm shell has been a workhorse of the US military’s artillery arsenal since World War I, but America has had a bit of a hard time, to put it lightly, ramping up production of the over-century-old munition to keep up with renewed demand from US and allied customers. The Pentagon’s looking for some help […]
