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Investment

Overmatch Raises $250M Fund Two

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 […]

InvestmentTech

Navi Emerges from Stealth to Train Pilots Better

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 […]

Tech

Epirus, Kodiak, and GD Team Up on Mobile Drone-Zapper

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 […]

Tech

Exclusive: VectorNav Unveils New Inertial Navigation Systems

Coming at you live from the picks-and-shovels side of defense tech.  Today, VectorNav—which makes high-performance Inertial Navigation Systems (INSs) and Inertial Measurement Units (IMUs) for a whole range of zoomy and boomy things—rolled out a major upgrade to its accelerometer and gyroscope platform in an exclusive release to Tectonic.   The upgrade is designed for super-high […]

InvestmentPentagon

US Navy and Hadrian Team Up on Alabama Submarine Facility

Someone queue up Sweet Home Alabama. On Friday, new-age manufacturing company Hadrian announced a big-time, $2.4B partnership with the US Navy—split between $1.5B in private capital and $900M in government funding—to produce components for the Virginia and Columbia-class submarine programs at the startup’s new 2.2M square-foot facility in Cherokee, Alabama.  Looks like Hadrian’s $611M in […]

InvestmentTech

Exclusive: Enigma Emerges from Stealth

For this morning’s exercise, we want you to take everything you’ve ever known about the way a drone looks or acts and throw it out the window.  This morning, contested logistics startup Enigma emerged from stealth with a $5M Air Force contract and about $2M in VC funding in an exclusive release to Tectonic. The […]

PentagonTech

Skydio Snags $52M Army Contract 

It’s been a busy past few days for the weekend warriors over at Skydio. Yesterday, the US Army tapped California-based drone-maker Skydio to deliver 2,500 of its X10D small-UAS in a $52M contract, the largest sUAS order from a single vendor in Army history. The company said it moved from bid to award in under […]

Tech

Inside Arsenal-1: Anduril’s $1B Mega-Factory for Fury and More

Anduril is thinking big. Like really, really big—and nothing says that quite like Arsenal-1.  Yesterday, Tectonic paid a visit to Anduril’s $1B, 5M square foot mega-factory just south of Columbus, ​Ohio, where the company (hard to call them a startup after a $20B Army contract) will kick off production of their Fury drone wingman in […]

Investment

Secure Mobile Carrier Cape Raises $100M

Okay, so when you open Tectonic, you might not expect to be reading about a mobile carrier, but hear us out.  Yesterday, “privacy-first” carrier Cape raised a chill $100M led by Bain Capital Ventures and IVP, with participation from new investors including 01 Advisors, 137 Ventures, Definition, and Fifth Down Capital. And here’s why we […]

Tech

Exclusive: TERN and Sandtable Team Up

If you thought the Crow Industries and Parry Labs mash-up was the only collab to come out of the Army’s xTech Overwatch competition, think again. This morning, GPS-free navigation company TERN and AI-powered simulation and planning company Sandtable announced in an exclusive release to Tectonic that they’re teaming up after the exercise to plug Sandtable’s […]