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Shield AI Raises $2.5B to Buy Echodyne for $5.3B
Shield AI is buying radar hotshot Echodyne for $5.3B—and raised $2.5B to fund the transaction.
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Joby’s Air Force Autonomy Contracts Increase to $37M
Turns out everyone still really loves a tiny little plane. Yesterday, autonomous aviation company (and Anduril BFF) Joby Aviation ($JOBY) announced that its US Air Force autonomy contracts have grown to nearly $37M in total commitments, up from roughly $20M previously. The increases come after Joby completed an autonomous flight (on a Cessna Caravan) across […]
Exclusive: Aformic Raises $6.95M Led by Veteran Ventures
Looks like the whole reindustrialize wave ain’t over just yet. This morning, robotics-for-manufacturing startup Aformic announced in an exclusive release to Tectonic that it’s raised a $6.95M seed round led by Veteran Ventures Capital. Aformic CEO Michal Fiuk told Tectonic that from here, the plan is to scale up production of—and customers for—its in-factory intralogistics […]
Aeon Snags $13.8M SOCOM Contract for Shoulder-Fired Zeus Missiles
Business is truly booming in the boom business. Yesterday, Austin-based new-age missile startup Aeon announced that it’s snagged a $13.8M contract to deliver an initial production batch of its software-defined, shoulder-fired Zeus missiles to US Special Operations Command (USSOCOM). The deal covers roughly 100 of the systems, expected to be shipped out over the next […]
The Pod
Valley of Depth is a podcast about the technologies that matter – and the people building them.
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Big Conversations
A Q+A with Mykhailo Fedorov, Ukraine’s Fmr. Defense Minister
An exclusive interview with former Ukrainian Defense Minister Mykhailo Fedorov.
A Q+A with Vectus’ Erik Prince
Tectonic sat down with Erik Prince to chat about his new air defense startup, Vectus.
A Q&A with Alex Fink, US CEO of Swarmer
In case you missed it, the infamous Erik Prince and Swarmer’s US CEO Alex Fink are betting on “air defense as a service”—and now they’re putting numbers behind their pitch. This week—just a month after launch—Vectus Air Defense Systems (not to be confused with Prince’s Vectus Global private military and security company) announced plans to […]
A Q + A with Matt Cronin, Senior National Security Advisor at a16z
If there is one VC fund you know in the defense tech world, it’s probably Andreesen Horowitz—or a16z, as the cool kids say. The firm—which just raised a casual $15B, including $1.176B for its “national interest” (defense and deep tech) focused American Dynamism fund—has backed some of the biggest names in the game, including Anduril, […]