Investment

Exclusive: New Vista Capital Raising $60M Fund I for A&D

Looks like no one’s found the shut-off valve on the defense tech funding tap yet.  This morning, in an exclusive release to Tectonic, DC-based VC New Vista Capital announced that it’s officially raising a $60M Fund I that it will deploy into early-stage aerospace and defense startups. In a world where everyone and their mom […]

Tech

Exclusive: CX2 Unveils Wraith for RF Detection

In case you haven’t been paying attention, electronic warfare is kind of a big thing right now.  Few are more aware of that than CX2, the El Segundo-based defense tech startup that says it’s “securing spectrum dominance for the United States and its allies.” This morning, in an exclusive release to Tectonic, the company unveiled […]

Investment

Hydrogen Drone Startup Heven AeroTech Raises $100M Series B 

Well, we’re back with more Heven AeroTech news—and man, oh man, do the drone dollars keep on comin’. On Monday, the Israeli-American hydrogen-powered drone startup announced that it’s closed a whopping $100M Series B funding round led by their new friends at IonQ, valuing the company at $1B.  The Chinese Zodiac calendar officially says it’s […]

InvestmentTech

NATO and Ukraine Launch Joint Innovation Initiative

Ukraine’s path to NATO is looking shakier by the day, but that hasn’t stopped the alliance from pushing to integrate the country’s battle-tested tech into Europe’s defense tech ecosystem.  Late last week, as we were all enjoying our turkey, NATO and Ukraine unveiled a new competition called “UNITE–Brave NATO,” designed to accelerate the adoption of […]

EuropeInvestment

Quantum Systems Raises €180M at €3B Valuation

Well, the Europeans aren’t showing any signs of slowing down on the drone front. On Friday, German ISR UAS company (and STARK forefather) Quantum Systems announced that it has raised a €180M ($209M) Series C extension at a €3B ($3.49B) valuation, led by Balderton Capital. This comes on the heels of a €160M ($186M) raise […]

Investment

Exclusive: Ukrainian-Led Interceptor Startup Raises $1.6M in Pre-Seed Funding

The counter-drone club just got its newest—and maybe youngest—member.  In an exclusive release to Tectonic, Thermopylae, a California-based interceptor drone startup launched in June by a 21-year-old Ukrainian engineer, announced it has raised $1.6M in pre-seed funding.  New kids: Drawing its name from the famous Spartan battle against the Persians immortalized in the movie “300,” […]

InvestmentPolicy

Taiwan’s $40B Defense Spending Boost

Well, the whole defense spending kick is showing no signs of abating. Yesterday, Taiwanese President Lai Ching-te announced in an op-ed in the Washington Post that his country plans to spend an extra $40B (about NT$1.25T) on defense to counter the growing threat from China.  A massive portion of the supplementary defense package—which would be […]

Tech

Vermeer and Sentry Partner for Autonomous Drone Vision-Navigation

We told you that collabs were becoming a bit of a thing around here.  Yesterday, drone visual navigation startup Vermeer announced a partnership with Sentry Operations, a low-profile terminal guidance and precision effects company. The two firms say they will work together to develop a full-stack, localized, and autonomous navigation platform for strike drones in […]

Tech

Heven AeroTech and IonQ Team Up

The season of mashups continues, except this time it’s a cross-domain remix.  Yesterday, Israeli-American hydrogen drone company Heven AeroTech announced that it’s teaming up with quantum giant IonQ ($IONQ) to develop “quantum-enabled drones for national security applications.”  Basically, that means that IonQ’s quantum tech—including quantum computing, quantum networking, quantum sensing, and quantum security technologies—will be […]

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 […]