Catch up on the latest insights into the defense industry.
-
Exclusive: Nominal and Forterra Team Up
Well, Nominal is certainly having quite the past few weeks. This morning—on the heels of an $80M raise led by Founder’s Fund and an official partnership with Anduril—the Austin-based testing startup announced in an exclusive release to Tectonic that they’re officially teaming up with ground autonomy hotshot Forterra. Nominal CEO Cameron McCord told Tectonic that Read More
-
Kraken Secures £12.3M USV Contract with the Royal Navy
Things may be heating up on the maritime autonomy front stateside, but don’t sleep on our friends across the pond. Yesterday, the UK Ministry of Defence awarded British unmanned surface vessel (USV) startup Kraken Technology Group a £12.3M ($16.5M) contract to supply the Royal Navy with 20 of its super speedy K3 Scout drone boats. Read More
-
Arondite Secures “Multi-Million” Pound Contract With the UK MoD
Watch out, y’all. The British are coming. Earlier today, Arondite, a UK-based startup building integration tech to make those autonomous systems we all know and love work together nicely, announced a “multi-million” pound contract with the UK Ministry of Defence to deploy its Cobalt software across the British Army’s Very High Readiness Force. Teamwork: If Read More
-
Exclusive: HavocAI’s All-Domain Shopping Spree
We keep saying maritime autonomy is all the rage, but multi-domain autonomy is really where it’s at. This morning, Rhode Island-based unmanned surface vehicle (USV) startup HavocAI announced in an exclusive release to Tectonic that it has acquired not one but two companies—heavy-lift drone-maker Mavrik and industrial vehicle autonomy startup Teleo—to take its autonomy software Read More
-
Isembard Raises $50M Series A
Manufacturing is so back, baby. Well, at least if AI and defense are involved. Yesterday, UK-based advanced manufacturing startup Isembard announced it has raised a $50M Series A round led by Union Square Ventures to accelerate its plan to open 25 factories by the end of the year. CEO Alexander Fitzgerald told Tectonic that most Read More
-
Scout Ventures Raises $125M Fund V
If anyone thought the defense tech hype train was slowing down, think again. This morning, Austin-based fund Scout Ventures announced that it’s closed a $125M Fund V to invest in tech companies that are building “artificial intelligence, autonomous systems, space infrastructure, cyber, quantum, and advanced power technologies.” The new fund brings total funding raised by Read More