Investment

Mach Industries Raises $300M at $1.8B Valuation

True to its name, Mach Industries is moving speedy quick, and investors are lining up to add fuel to the fire. A little more than a week after announcing the $50M acquisition of propulsion system and solid rocket motor-maker Exquadrum, the Huntington Beach startup announced late yesterday that it’s closed a $300M Series C co-led […]

Tech

Exclusive: Deterrence and General Dynamics Team Up

Turns out even the primes want a factory of the future.  This morning, automated manufacturing startup Deterrence announced in an exclusive release to Tectonic that they’re entering into a teaming agreement with General Dynamics Ordnance and Tactical Systems (GDOTS). Deterrence will deploy software and AI-enabled capabilities for “facility optimization, intelligent automation, and factory integration” across […]

Europe

Helsing Officially Launches Area 9, Pushes into Robotics

Well, the dudes (and dudettes) in Germany are diving headfirst into the research game.  This morning, German defense tech giant Helsing officially unveiled a new research division it’s calling Area 9, a pie-in-the-sky incubator for European defense tech. Think of it as the Moonshot Factory or Skunk Works, but make it European. As part of […]

PentagonTech

Seven Companies Advance to the Navy’s MUSV Prototype Phase

It’s no secret that the Navy wants drone boats, and they want them fast. Well, now we know who’s (probably) going to be building them.  Over the weekend, the service named the seven companies—including Saronic, HavocAI (through PacMar Technologies), and Sea Machines—selected to advance to the prototype stage of the medium unmanned surface vessel (MUSV) […]

Pentagon

AV Scores $20M AFRL Contract for Ceramic Materials

We talk a lot about all the zoom and go boom hardware around here, but we don’t spend a lot of time talking about the stuff used to make it. That changes today.  Yesterday, AV (the artist formerly known as AeroVironment) announced that it has been awarded a ceramics advanced materials and processes (CAMP) contract […]

Investment

Exclusive: Picogrid Raises $45M Series A 

Picogrid is proving that teamwork really does make the dream work. This morning, the El Segundo-based hardware and software integration startup announced in an exclusive release to Tectonic that it has raised $45M in a Series A led by Bessemer Venture Partners to expand its product family, increase deployments, and take its integration tech into […]

Pentagon

Hermeus Scores $159M DIU Contract Extension

Well, the go-fast guys are back with some super-speedy contract news.  This morning, hypersonic aircraft startup Hermeus announced that it’s scored a $159M contract modification from the Defense Innovation Unit (DIU) to continue developing hypersonic airdraft and “demonstrate high-Mach flight and high-speed payload release.” The OG contract was awarded back in 2023 and now has […]

Tech

Kraken and Davie Team Up to Build USVs in Canada

Kraken is stepping things up in the Commonwealth.  Yesterday, the UK-based unmanned surface vessel (USV) startup announced a partnership with Canadian shipbuilding giant Davie to manufacture its USVs in Québec, starting with its flagship K3 Scout speedboat-drone. Zoom zoom (said in a Québecois accent).  Small and speedy: Kraken, if you’ve been paying attention to the […]

Investment

Airis Labs Emerges from Stealth with $60M

Another day, another pile of cash being poured into defense and security AI. This morning, US-Israeli AI startup Airis Labs emerged from stealth with $60M in funding and a mission to take all of the video out there and turn it into actionable intelligence. A big chunk of that cash comes from a $31M Series […]

Investment

RevEng.AI Raises $15M Led by the NIF

We’re back with some super-cyber nuts and bolts, friends.  This morning, AI-for-cybersecurity startup RevEng.AI announced that it’s raised a $15M Series A to further advance its cyberthreat-detecting AI software and expand into the United States. The round was led by the NATO Innovation Fund with participation from Sands Capital, In-Q-Tel (IQT), IQ Capital, and Episode […]