Zone 5 Inks $65M Deal Under the Navy’s Maritime Strike Low-Cost Cruise Missile Program
The Navy also tapped CoAspire for the CHAOS maritime strike program last month.
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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 […]
Erik Prince Launches “Air Defense As a Service” Startup With Swarmer
Ukrainian-born, Austin-based swarming software company Swarmer has a 20 percent stake in the company.
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 […]
Sensing Roll-Up Lyntris Goes Public on the NYSE
Turns out that a whole lot of global instability is blowing the IPO window wide open for defense companies, and Lyntris is striking while the iron’s hot. The private-equity-backed, Virginia-based defense sensing software and hardware company went public on the NYSE yesterday, raising roughly $300M in a downsized IPO and joining a string of defense […]
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 […]
Exclusive: Brian Singerman’s GPx Backs Silent Ventures’ $85M Fund II
Silent Ventures’ early-stage bets include Saronic, Castelion, Hadrian, AMCA, Armada, CHAOS, and Firestorm.
Saildrone Kicks Off Production in Europe
Just as we’re starting to gear up for the Tectonic European Defense Summit this winter (teaser, hehe), it looks like everyone and their mom is making bets on the Old Continent. This morning, USV giant Saildrone announced that they’re officially expanding their presence in Europe with a new, larger Copenhagen office and production in the […]
Smack Raises $61M for AI at the Edge
Maybe the AI bubble isn’t popping just yet—at least not here in defense tech land.