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InvestmentTech

Atlas Motion Emerges from Stealth with $11.5M in Funding

So long, unsexy side of defense. The whole supply chain thing is getting sexier and sexier by the day. This morning, a new startup called Atlas Motion emerged from stealth with $11.5M in funding led by Greycroft to build motors and actuators for drones, robotics, and other defense platforms. If you’re sitting there like, okay, […]

Investment

Aurelius Raises $40M Series A for Laser Weapons 

Pew, pew baby. It’s time to talk about lasers again. This morning, directed energy weapons startup Aurelius announced that it’s raised a $40M Series A to scale up production of its flagship Archimedes laser c-UAS platform. “We will use this to…expand our capacity to produce systems, build out our team, [and] build out manufacturing and […]

Investment

Mariana Minerals Raises $310M Series B

Lock in, kids. We’re playing with rocks today. Yesterday, AI-powered mining and refining company Mariana Minerals announced that it’s raised a $310M Series B led by Khosla Ventures, bringing total funding to about $400M. Mariana CEO and co-founder Turner Caldwell told Tectonic that they’ll use the funding to scale up their current mining operations—Copper One […]

PentagonTech

JIATF-401 Rolls Out Amazon-Style Counter-Drone Marketplace

You can buy pretty much anything on Amazon, but military equipment is (so far) off-limits.  Luckily for all of the shopaholic soldiers out there, the Pentagon’s JIATF-401 counter-drone task force is taking a page out of Amazon’s book and building Prime for the primes (and startups).  Today, they officially unveiled an online marketplace for companies […]

Investment

Valar Atomics Raises $1B Series B Led by Sequoia 

The nuclear startup world is going, well, nuclear.  Yesterday, El Segundo-based Valar Atomics announced a whopping $1B Series B led by Sequoia Capital. The raise comes hot on the heels of the three-year-old startup’s microreactor hitting criticality (when a nuclear chain reaction becomes self-sustaining) in the Department of Energy’s Reactor Pilot Program, a partnership with […]

PentagonTech

Army Taps Rheinmetall-led Team for Sustainment UGVs

Looks like the Army’s keeping its foot on the gas in its push for more ground autonomy. On Friday, American Rheinmetall announced that it’s snagged a contract to serve as the prime integrator for a team of companies—Harbinger, Forterra, and Primordial Labs—that will develop autonomous logistics ground vehicles for the Army’s Project Sustainment initiative. Ghost […]