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Investment

Powerus Secures $30M Investment from Unusual Machines

Powerus is making power plays all over the place.  Yesterday, the Florida-based drone company announced that it’s secured a $30M strategic investment from drone components-maker Unusual Machines, “[strengthening] a working relationship already in place between the two companies.”  Power up: To back things up, Powerus, founded last year, has made headline after headline for a […]

EuropeInvestment

Comand AI Raises $32M, Partners with Saab

It’s been quite the week for our friends across the pond at Eurosatory this week, and by the sounds of it, the continent’s defense buildup is showing no signs of slowing down. At least not if French planning and C2 company Comand AI has anything to do with it. This morning, the Paris-based startup announced […]

Tech

Divergent Builds New Mega-Printers and Mega-Factory

The Reindustrialize vibes are high, and business is booming for the companies building the factories of the future.  At the eponymous conference in Detroit yesterday, defense-focused advanced manufacturing startup Divergent came out swinging with two big announcements: They’ve designed and built a massive 26-foot-tall metal 3D printer called Monolith One, and they’re putting 64 of […]

Investment

Foundation Alloy Raises $22M, Teams Up with Re:Build, Expands to Asia

Well, it’s a big week for metals around here. This morning, advanced metals manufacturing startup Foundation Alloy announced that it’s raised a $22M Series A to “scale production on its MetalsFIRST™ platform—a fully integrated, solid-state metallurgy technology—to industrial volumes.” The round was led by Voyager Ventures, with participation from Trust Ventures, Yamaha Motors, America’s Frontier […]

PentagonTech

Mach Industries Wins DIU Contract for Long-Range Strike Drone

Hot off a $300M Series C at a nearly $2B valuation and a $50M acquisition of propulsion system and solid rocket motor-maker Exquadrum, Mach Industries is already making moves to roll out more boomy and zoomy tech. The California-based startup announced this morning that it won a contract for the DIU’s Runway Independent Maritime & […]

PentagonPolicy

ICYMI: SASC Pushes for New Drone Combatant Command 

Drone fever is hitting new heights, and if the Senate’s latest version of the National Defense Authorization Act becomes law, the Pentagon will have a brand-new combatant command dedicated to autonomous systems.  Last week, the Senate Armed Services Committee voted 18-9 to advance the FY 2027 NDAA, authorizing $1.14T in spending and setting the stage […]

InvestmentTech

Fabri Announces It’s Raised $13.5M for New-Age Casting

If you didn’t believe us when we said, “Manufacturing is so hot right now,” well, we’re back with more data to prove our point.  Yesterday, manufacturing startup and MIT spinout Fabri announced that it’s raised a total of $13.5M in funding since it was founded in 2022 from investors including Lavrock Ventures, Balerion Space Ventures, […]

Pentagon

Anduril Wins $363M CBP Contract for XR Sentry Towers

Lest you thought Anduril was turning its gaze fully abroad with all that “international weapons hub” talk, think again. This morning, the defense tech megalith announced that it’s won a $363M contract with US Customs and Border Protection (CBP) for “more than 200 Extended Range Sentry Towers (XRST)…to expand autonomous situational awareness across a much […]

PentagonTech

Picogrid Providing Integration for Perennial Autonomy’s Merops

If there’s one thing you’ve learned from this newsletter lately, we hope it’s that integration is one of the least sexy but most important parts of getting technology deployed (and actually working) on the battlefield. After all, building a super-fast interceptor or the world’s best UAV is great. But if those platforms can’t connect to […]

Tech

Castelion Integrating Hypersonics on Saronic’s Marauder ASV 

As this week’s buzzworthy drone boat rescue operation showed, Saronic’s autonomous surface vessels (ASVs) have a lot of potential uses. For the company’s biggest and baddest one—the 180-foot Marauder—that includes kitting it out with some serious firepower, courtesy of Castelion.  Yesterday, the two companies announced they’re teaming up to integrate Castelion’s Blackbeard low-cost hypersonic weapon […]