Rune is on quite a run. On Wednesday, the military logistics and sustainment software company announced it won a Cooperative Research and Development Agreement (CRADA) with the Army, partnered with the Marine Corps Warfighting Laboratory, and secured investment from In-Q-Tel. No mid-week slump here. Sustainment star: Rune, which raised a $24M Series A back in […]
In case you’re new around here, there’s one thing you should know: the rocket motor industry is infamously concentrated, with just a few old-school suppliers responsible for a whole industry’s worth of energetics. But in recent years, a few new players have arrived on the scene, promising to do things differently. Firehawk is one of […]
It’s been a big month for Alabama-based drone maker Performance Drone Works (PDW). Weeks after opening a new 90,000 sq ft factory in Huntsville, the company announced earlier this week that it’s won a $20.9M contract under the Army’s Transformation in Contact initiative—PDW’s third contract with TiC so far. Need for speed: PDW, formed in […]
Well, looks like everybody really is getting into the defense tech VC game. Yesterday, at the US Army Demand Signal Forum in DC, SecArmy Dan Driscoll officially unveiled a new innovation program called Fuze, designed to better scale commercial products from prototypes to programs of record. Driscoll (a former VC and investment banker himself) said […]
Palantir can’t be stopped. On Wednesday, the defense and intelligence software giant with a $395B market cap won a contract to provide “all Marines—from tactical units within the Fleet Marine Force (FMF) to the Supporting Establishment—with access to [Palantir’s Maven Smart System],” the Marine Corps announced. Add this to the company’s $10B Army contract, and […]
If you thought the defense tech world on this side of the pond comes to a standstill during DSEI, think again. This morning, integration startup Picogrid announced a $3.2M Air Force contract win to bring their Legion software and Helios hardware to help the Air Force’s growing number of autonomous systems play nice. Picogrid has […]
Well, we hope Congress had a restful summer recess, because things are about to get very busy for the military-minded members (and we’re not talking about yesterday’s apparent War on Drugs redux). On Tuesday, with the fiscal year kicking off next month, Congress returned to make some big spending decisions (lest we forget about the […]
Well, the rumors are true. Yesterday, in a typically stylized video (we see you, Pentagon green room), SecDef Pete Hegseth announced the creation of a joint interagency anti-drone task force that will “bring together our best talent from all our agencies to counter these threats and restore control of our skies.” (This was first reported […]
Who said the primes don’t move fast enough? Sixteen months after they scored a contract to build an autonomous friend for fighter jets (technical term), General Atomics’ YFQ-42A Collaborative Combat Aircraft (CCA) took flight on Wednesday. For now, GA has first-flight bragging rights, but Anduril—the other company selected for the CCA program—says it is close […]
In case you haven’t noticed, there’s been a bit of a shakeup in the DoD innovation world in the past week. The head of DIU is out, critical technology areas are changing, the Navy is overhauling how it develops and adopts new tech, and JCIDS is dead. Oh yeah, and then there’s the whole Defense […]
