Look out, world. The Erik Prince (backed) universe is growing. Yesterday, Ukrainian-American drone autonomy software company Swarmer ($SWMR) announced that it’s entered into an agreement to acquire Ukrainian UGV producer Ratel Robotics in a deal worth up to $224M (a mix of cash and stock). This is Swarmer’s first acquisition since Prince joined as chair […]
Have any last-minute beach trips planned this summer? Havoc does, and it’s a long way from its home in Rhode Island. At a signing ceremony at the autonomy startup’s Providence headquarters yesterday, USV-turned-all-domain-autonomy company Havoc inked a deal with Taiwanese shipbuilding giant CSBC to integrate Havoc’s collaborative autonomy software with CSBC’s unmanned surface vessels in […]
Dare we say the primes and the neoprimes might be…making friends? Yesterday, everyone’s favorite defense tech company announced that it’s been selected (along with Boeing) to “advance to the next phase of competition for Integrated Fires Protection Capability (IFPC) Increment 2 Second Interceptor.” Anduril says the interceptor is powered by an SRM built out of […]
Look out, world. The robots really are coming. Yesterday, ground autonomy hotshot Overland AI announced that it scored a $20M contract under the US Army’s Engineer Autonomous Breaching Capability (EABC) initiative. Bishop said the capability is already in development and that they’ll “be progressively developing subsets of the capability throughout the fall,” leading up to […]
We have a tendency around here to say that everyone loves a tiny plane. Well, as it turns out, there’s a lot of love for big ones, too. Bay Area-based Poseidon Aerospace raised $60M in a Series A to fund flight testing and production of its cargo drone, Egret, and accelerate development of its seafaring […]
a16z, Founders Fund, Lux Capital, 8VC, Aleph, and Lightspeed led the round.
The deal marks the first time a venture firm will test a shared savings model in defense.
Don’t you worry: prime-startup-cuffing season is still in full swing. Earlier this week, L3Harris inked a deal with Shield AI to integrate the autonomy-big-dawg’s Tracker Counter-UAS, which has AI-and-computer-vision-powered software for drone detection and tracking, across L3Harris’ VAMPIRE c-UAS platform. It’s the first time Shield AI has licensed the software to another company. Maybe getting […]
Look out, world. The go-fast guys are teaming up. Yesterday, super under-the-radar defense tech startup Anduril announced that hypersonic aviation company Hermeus has selected its Lattice for Mission Autonomy stack to make its Quarterhorse Mk 2 aircraft all “look Ma, no hands.” Lattice for Mission Autonomy has flown Anduril’s Fury CCA, but this is the […]
Seasats secured over $24M in fully-funded orders for its Lightfish small-USV in August.
