Tech

Boeing and Palantir Team Up 

If there is one thing that’s emerging as a trend this fall, it’s some high-powered collabs. Yesterday, at the annual Air, Space & Cyber conference, Boeing’s defense and space arm (BDS) and Palantir inked a partnership to “integrate artificial intelligence (AI) systems and software” across Boeing’s factories and programs.  Boeing will use Palantir’s Foundry—like so […]

InvestmentTech

Picogrid and Northrop Grumman Team Up on c-UAS 

Once upon a time, the big primes didn’t pay much attention to the lowly startup scene. Now, things have seriously changed, as evidenced by this morning’s announcement from Picogrid. As of today, the integration startup is officially partnering with Northrop Grumman to integrate Picogrid’s Legion software into Northrop’s AiON counter-drone command-and-control (C2) platform. Friends in […]

Investment

Auterion Raises $130M for Swarming and Autonomy

Well, for anyone who thought that we’d have a chill autumn here in defense tech world, sorry. The money moves continue.  This morning, autonomy software company Auterion announced that they’ve raised a $130M Series B led by Bessemer Ventures, with participation from existing investors Lakestar, Mosaic Ventures, and Costanoa Ventures.  The company says it will […]

PentagonTech

Firehawk Snags $4M AFWERX Contract for 3D-Printed Rocket Fuel 

In case you’re new around here, there’s one thing you should know: the rocket motor industry is infamously concentrated, with just a few old-school suppliers responsible for a whole industry’s worth of energetics.   But in recent years, a few new players have arrived on the scene, promising to do things differently. Firehawk is one of […]

Tech

DroneShield Expands Operations in the US

Everyone is really jumping on the drone dominance agenda.  This morning, Australian-American c-UAS company DroneShield announced that it’s massively expanding its R&D operations in the US. The company—which already has a branch in the US and works closely with the DoD—says it will invest “several million dollars” in its expansion in the next two years, […]

Pentagon

ICYMI: PDW Scores $20M Army “Transformation in Contact” Contract 

It’s been a big month for Alabama-based drone maker Performance Drone Works (PDW). Weeks after opening a new 90,000 sq ft factory in Huntsville, the company announced earlier this week that it’s won a $20.9M contract under the Army’s Transformation in Contact initiative—PDW’s third contract with TiC so far.  Need for speed: PDW, formed in […]

Q + A

A Q+A with Arthur Herman and John Burer

If you’ve been in DC anytime in the past few years, you will have heard of Arthur Herman. In case you’re unfamiliar (nerd!), he wrote Freedom’s Forge back in 2012, which has shaped a lot of the First Breakfast-type reindustrialization conversations we’ve been having lately.  Sparknotes: The book (if you haven’t read it or have […]

Investment

ICYMI: Ursa Major Lands $34.9M Defense Contract for Draper

Well, we told you that everyone was into making things go fast these days. Yesterday, as first reported by Axios, propulsion company Ursa Major announced that they’ve landed a $34.9M contract to sell their signature Draper engines to “an undisclosed U.S. aerospace and defense company.” Coy.  The company seems to see the contract as a […]

Investment

Exclusive: YC-backed Perseus Defense Closes $6M Seed Round

Remember when Y Combinator startups made food delivery and crypto apps? Well, how times have changed. Perseus Defense, which launched out of this year’s YC cohort, is definitely not the next DoorDash. The startup is building 15in mini-missiles capable of detecting, identifying, and destroying hostile drones. And, this morning, the team announced in an exclusive […]

EuropeInvestment

Kyiv-based Swarmer Raises $15M from US Investors

We teased yesterday, but it really does seem that the export of Ukrainian defense tech across the NATO alliance is beginning to pick up speed. Yesterday, Ukrainian UAV software company Swarmer announced that it’s closed a $15M Series A led by Florida-based Broadband Capital Investments, with participation from R-G.AI, D3 Ventures, Green Flag Ventures, Radius […]