InvestmentTech

Cyber Warfare Startup Twenty Emerges from Stealth

For all of the time we spend talking about the shiny, go-boom side of defense, we haven’t spent too much time in this newsletter on one of the scarier sides of modern conflict: cyber warfare. Lucky for us, a startup called Twenty that came out of stealth last week is all over it. The company—founded […]

EuropePentagonTech

Kraken Scores $49M USSOCOM OTA

Turns out the leap across the pond goes both ways. This morning, UK-based USV company Kraken Technology Group announced that they’ve scored a coveted $49M cap OTA with United States Special Operations Command (USSOCOM) to develop and prototype “novel uncrewed surface and subsurface vessel technologies to enhance maritime capabilities for U.S. special operations forces.” This […]

EuropeTech

Shield AI and Destinus Ink Partnership

The great leap across the pond continues.  Yesterday, US defense tech giant Shield AI announced that it’s partnering with European autonomous flight company Destinus to “integrate Hivemind, Shield AI’s mission autonomy software, across Destinus’ aerial platforms.” “Destinus is one of Europe’s most consequential defense technology companies,” Chris Brinkley, Head of European Business Development and Strategy […]

Tech

HavocAI and SAIC Team Up

Between raising $85M in October and inking deals with some big-time defense players, it’s been a whirlwind of a fall for HavocAI.  On Wednesday, the Rhode Island-based maritime autonomy startup kept things hot, announcing a partnership with SAIC to integrate the defense software mega-contractor’s Joint Range Extension (JRE) multi-domain communications and data system with Havoc’s […]

Tech

Vulcan Elements Picks NC for its Mega Magnet Facility

Well, the US hype for rare earths is showing no signs of slowing down.  Yesterday, US rare earths processing giant Vulcan Elements announced that it will build its Pentagon-backed magnet manufacturing facility in Benson, North Carolina. As promised, the facility will have 10,000 metric tonnes of rare earth magnet manufacturing capacity and, the company says, […]

PentagonTech

Exclusive: Interlune Snags $1.25M AFWERX Contract for Quantum-Focused Terrestrial Helium-3 Extraction

If you’re a Payload reader, you’ve probably heard of Interlune. Luckily for us, the space resources startup is kicking off work a little closer to home.   On Wednesday, in an exclusive release to Tectonic, Interlune announced that they’ve scored a $1.25M AFWERX contract to increase the terrestrial supply of helium-3—a rare isotope of helium critical […]

Tech

Castelion is Building Big in New Mexico

The factory of the future is back, baby.  Yesterday, hypersonic missile company Castelion announced that they’re breaking ground on a new, state-of-the-art facility in New Mexico that (at full capacity) will be able to churn out “thousands of Blackbeards [Castelion’s flagship hypersonic] a year,” Castelion COO and co-founder Sean Pitt told Tectonic. Pitt said that […]

InvestmentTech

Anduril’s Big Week

It’s been (another) busy, busy week in defense tech, especially for everyone’s favorite globetrotting neo-prime.  Over the past few days, Anduril has announced a new autonomous air vehicle (AAV) called Omen, its selection for the Army’s Integrated Battle Command System Maneuver (IBCS-M) program, a partnership with Hyundai Heavy Industries on autonomous surface vessels (ASVs), and […]

Tech

A Big Week in South Korea

In case you missed it with, well, everything else that’s been going on, it’s been a pretty busy week in South Korea. On Tuesday, South Korean President Lee Jae Myung committed to increasing defense spending next year to 66.3T won ($46B). Then, Hegseth popped by on a two-day visit to meet with his counterpart, Defense […]

Tech

Shield AI Teams Up with GE for X-BAT

Looks like Shield AI is getting serious about the whole CCA thing. Yesterday, the company announced that it’s teaming up with jet engine megalith GE Aerospace ($GE) to power its newly announced little drone fighter, X-BAT. The two companies signed a Memorandum of Understanding stating that “the F110-GE-129 engine, featuring the advanced Axisymmetric Vectoring Exhaust […]