InvestmentTech

Neros Plans Production Scale and New Products After $250M Raise

When we said that “a certain El Segundo-based company is doing very well on the whole Drone Dominance Program (DDP) front,” we might’ve undersold it—that certain company is doing very well on all fronts.  Yesterday, the FPV phenoms at Neros announced that they raised $250M in a funding round co-led by Sequoia and American Strategic […]

InvestmentTech

Archer Acquires Three Boeing Autonomous Flight Subsidiaries

Here we were thinking that defense tech’s exit era would look like giant primes buying up smaller startups. Turns out we were wrong—at least for now. Yesterday, electric aviation hotshot (and Anduril BFF) Archer Aviation announced that it would acquire three of Boeing’s autonomous flight subsidiaries—Wisk, SkyGrid and Insitu—giving the prime a 20 percent stake […]

PentagonTech

Epirus Scores $11M Contract with USMC

Everyone really is on the non-kinetic-weapon hype train right now, aren’t they? This morning, high-powered-microwave (HPM) giant Epirus announced that they’ve been awarded an $11M contract by the US Marine Corps for the High-power Microwave Autonomous Vehicle Operational Capability (HAVOC) program. Under the contract, Epirus will deliver “its latest high-power microwave (HPM) system for counter-UAS […]

PentagonTech

Exclusive: Swarm Aero Wins $10M Air Force Research Lab Contract

When you think of a drone swarm, a cloud of speedy little quadcopters flying in unison probably comes to mind. Swarm Aero has a different vision.  The California-based startup is building a much larger, Reaper-sized Group 5 drone, designed to be mass-manufacturable and capable of operating in a swarm using its own in-house autonomy and […]

InvestmentTech

Atlas Motion Emerges from Stealth with $11.5M in Funding

So long, unsexy side of defense. The whole supply chain thing is getting sexier and sexier by the day. This morning, a new startup called Atlas Motion emerged from stealth with $11.5M in funding led by Greycroft to build motors and actuators for drones, robotics, and other defense platforms. If you’re sitting there like, okay, […]