Tech

Chariot Defense Scores $7.6M DIU PRISM Contract

Happy Monday, y’all. We’re pretty amped up today. (Please forgive us; It was right there.) This morning, ruggedized power-for-the-edge company Chariot announced that it’s inked a $7.6M contract with DIU under the Portable Resilient Integrated Storage Module (PRISM) program.  “Power availability decides what equipment troops get to bring to the fight,” Chariot Founder and CEO […]

Erin O'Brien
Tech

Powerus Tapped to Protect Middle East Energy Infrastructure Under a $22.3M Contract

If you’ve been paying attention to the news, like, at all, it should come as zero surprise that energy infrastructure has become target numero uno in conflicts the whole world over.  At least one oil and gas company operating in the Persian Gulf is taking matters into its own hands, inking a $22.3M contract with […]

Tech

Valinor Unveils HarborPOD for unmanned CASEVAC

The crazy kids over at Valinor have rolled out yet another new product, and this time, they’re quite literally saving lives. Yesterday, the new-age defense tech holding company unveiled a new product they are calling HarborPOD—a “UXV-agnostic payload built for unmanned CASEVAC and logistics resupply.” “With the proliferation of unmanned vehicles and the limited number […]

PentagonTech

Elroy Air Wins $46M Army Contract

Well, sounds like at least one service is getting serious about the whole distributed and contested logistics side of things.  Yesterday, heavy-lift drone company Elroy Air announced that it’s won a $46M multi-year contract with the US Army for “the development of an autonomous hybrid-electric vertical take-off and landing (VTOL) uncrewed aircraft system for modular […]

PentagonTech

Exclusive: MDA Awards X-Bow $11M for Low-Cost Interceptor Development

We don’t have to tell you the interceptor shortage is very real and very dire, but much of this discussion focuses on Group 3 (i.e., Shahed-type) UAS threats. Russia and Iran certainly have used smaller, cheaper drones en masse, but a lot of the real damage—in Iran’s case—inflicted on US bases in the Middle East […]

InvestmentTech

ICYMI: Riven Emerges from Stealth

Critical minerals really are so hot right now.  Yesterday, AI-and-autonomy-for-critical-minerals-processing startup Riven emerged from stealth with a cool $7.9 pre-seed led by Cerberus Ventures, with participation from Scout Ventures, Alumni Ventures, Lightscape Partners, CLAI, and New System Ventures. The company says it will use the funding to majorly scale up the team and build out […]

PentagonTech

CodeMetal Scores $80M OTA for WarMatrix

Big day for the backend side of defense.  This morning, software-for-defense hotshot Code Metal announced that it’s won a $80M OTA to “advance WarMatrix, the AI-enabled modeling and simulation platform Code Metal built in partnership with the U.S. Air Force.” “We’re really excited,” Code Metal CEO and co-founder Peter Morales told Tectonic. “The work that […]