When the Pentagon announced the FY26 APFIT program winners way back in December, they were very coy about which companies won which awards. One APFIT award stuck out—a $49.7M contract with the US Army for “Real-Time Command and Control at the Tactical Edge,” the largest APFIT award to date. Months later, San Antonio-based startup Darkhive […]
Look out, world. The Eastern Europeans are (formally) teaming up. On Friday, Estonian interceptor hotshot Frankenburg Technologies announced that it’s officially inked a production partnership with Poland’s state-owned defense company—Polska Grupa Zbrojeniowa (PGZ)—to produce its air defense systems in Poland. “Lessons learned from the war in Ukraine clearly demonstrate that attacks carried out by dangerous […]
Pour one out for MASC. Yesterday, less than a year after announcing it, the US Navy cancelled the Modular Attack Surface Craft (MASC) program—originally designed as a prototyping competition to field medium unmanned surface vessels (MUSVs)—in favor of a “regular and recurring marketplace” for mid-sized drone boats. Reactions to the shift in the USV world […]
In case you missed it amidst the, like, ten thousand mega-raises in the past few days, it’s been quite the week for a certain Alabama-based drone company. On Wednesday, Huntsville-based Performance Drone Works announced that it’s raised a cool $110M+ Series B led by Ondas with participation from Hood River, Cedar Pine, Hanwha Asset Management’s […]
Well, we all saw it coming. Last month, Bloomberg reported that Shield AI was in talks to raise $1B. Turns out the autonomy startup—and investors—had a bit more money on their mind. This morning, Shield AI announced that it has raised a $2B Series G led by Advent International and JPMorgan’s Security and Resiliency Initiative, […]
Big week for the nuts and bolts side of defense. Yesterday, Sift—an El Segundo-based startup building the data infrastructure layer for autonomous machines—announced that it’s raised a $42M Series B led by StepStone with participation from GV (Google Ventures), Riot Ventures, Fika Ventures, and CIV. The company says it’ll use the new cash money to […]
Lasers…so hot right now. Yesterday, AeroVironment (AV) unveiled the latest and greatest version of its LOCUST counter-drone laser, the X3. The platform, which AV says offers “engagements below $5 per shot,” is designed to take down small- to medium-sized drones. Lightshow: In case you haven’t been keeping your eye on the war in Iran, figuring […]
If anyone thought the collective spending spree on defense tech was coming to an end any time soon, think again. Yesterday, Texas-based VC Overmatch Ventures announced that it’s raised a cool $250M second fund, less than 2 years after raising a debut $70M fund in 2024. Jordan Blashek—GP at Overmatch—told Tectonic that this new pile […]
With all eyes on an autonomous future of flight, it’s easy to forget the human pilots who will remain firmly in the cockpit for the foreseeable future. Luckily, one San Francisco-based company is remaining focused on people, even as we await the rise of the robots. Yesterday, Navi AI—a startup using AI to improve pilot […]
Looks like Epirus is making its relationship with GD Land Systems into a throuple. This morning, directed energy counter-UAS startup Epirus announced that it’s teaming up with General Dynamics Land Systems and ground autonomy hotshot Kodiak to build a mobile, autonomous drone-zapper called the Leonidas Autonomous Ground Vehicle (AGV). The AGV will be equipped with […]
