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Investment

Drone Startup Elroy Air to Go Public Via $1B SPAC Deal

As we all know, there’s a whole lot of private capital going into defense these days, but more and more companies are jumping on the growing appetite in the public markets, too. On Friday, California-based heavy-lift drone startup Elroy Air announced plans to go public later this year through a Special Purpose Acquisition Company (SPAC) […]

InvestmentTech

Code Metal Moves Into Signals Processing With First Acquisition 

Making your first acquisition is a big moment in any startup’s life, and Code Metal is speedrunning it.  Yesterday, Code Metal announced that they’ve snapped up Signal Processing Technologies (SPT), a move that takes the three-year-old startup from simply translating high-level code and algorithms onto hardware systems into actually developing the algorithms themselves, starting with […]

EuropeTech

Vantor’s Big (European) Week

In case you haven’t been paying attention, Vantor has been having quite the week across the pond.  In the space of a week, the spatial intelligence company has announced a partnership with Rheinmetall to create “a European 3D information platform for spatial intelligence,” and teamed up with British prime BAE Systems to manufacture its 20 […]

Tech

Touchwaves Partners with GA for Haptic Drone Comms

Well, for all of you drone pilots out there sick of just using traditional controllers, boy, do we have some good news for you. This morning, Amsterdam-based startup Touchwaves announced in an exclusive interview with Tectonic that they’re teaming up with General Atomics to bring their wearable haptic tech to MQ-9 Reaper pilots. GA also […]

Investment

Hand-Launched Interceptor Startup Askari Raises $9M Seed

Frying them with microwaves, shooting them down with robo-machine guns, jamming them—counter-UAS companies keep rolling out a growing and creative array of ways to take down drones. Askari has a different take on it. Rather than building vehicle-based or fixed-site air defense systems, the Atlanta-based startup wants to—quite literally—put interceptors into the hands of frontline […]

Europe

Harmattan Scores 5,000-Drone Follow-On Order from France

Just because Eurosatory is over certainly doesn’t mean our friends across the pond are slowing things down. Yesterday, French autonomy startup Harmattan AI announced that the French government has ordered another 5,000 of its Sonora ISR drones, just a year after ordering a first tranche of 1,000. That first batch—part of a program of record […]

EuropeInvestment

STARK Raises €500M at €3.5B Valuation

If you think the defense tech scene is hot in the US, take a look across the pond.  Yesterday, German drone startup STARK quietly announced a very chill €500M ($567M) fundraising round led by longtime (in defense startup terms) backers Founders Fund and Sequoia Capital. The two-year-old company told Tectonic that the round put its […]

Investment

Booz Allen Buys Ultra I&C Mission Solutions for $720M

Well, gosh darn. Booz Allen ($BAH) is really doubling down on the whole defense tech thing. Yesterday, the government services giant announced that it’s acquiring Ultra I&C Mission Solutions—part of the Cobham Ultra Group—for a cool $720M. When the deal closes (expected by the end of September 2026), Ultra Mission Solutions will become a fully […]

PentagonTech

Anduril Tapped to Lead NGC2 Common Data Baseline

Hasn’t been a slow year (or week) for Anduril, to say the least, and it’s about to get a whole lot busier.  Yesterday, the US Army announced that it’s selected everyone’s favorite neoprime to lead the common data baseline for its Next-Generation Command and Control (NGC2) effort, tasking the company with making sure all of […]

InvestmentTech

Traysar Emerges to Take Warfare Underground

Last year, Palmer Luckey said that he believes “the subterranean domain”—rather than sea, air, or space—“will be the defining [warfighting] space, but nobody agrees with me, and every time I talk about it I sound insane to people.” He also said that “a vehicle that moves through the crust of the earth is going to […]