Latest Stories
Defense Project Management Startup Integrate Raises $17M
If there’s one thing we can all agree on, it’s that the Pentagon is way too bureaucratic and siloed, especially when it comes to engaging with industry. Most of the proposed fixes to the Pentagon’s red-tape hellscape revolve around faster procurement, prototyping, and fielding. Seattle-based software startup Integrate is trying to solve a different bottleneck: […]
Quantum Systems Secures €150M ($178M) in Financing
Well, the European drone dudes certainly aren’t messing around at the Munich Security Conference. Yesterday, German drone giant Quantum Systems (QS) announced that it’s secured €150M ($178M) in financing backed by the European Investment Bank (EIB), Commerzbank, KfW, and Deutsche Bank. The company says the money will be used to “support the company’s continued growth […]
Project Omega’s Plan to Turn Nuke Waste Into a Next-Gen Power Source for the Pentagon
The US has a nuclear waste problem. A startup has an idea on how to fix it—and give all the power-hungry hardware the Pentagon loves a next-gen energy supply. Yesterday, Project Omega emerged from stealth with $12M in funding to scale up its nuclear waste recycling technology and accelerate the development of a battery-sized nuclear […]
Applied Intuition Snags UK DSTL Swarming Contract
The great American leap across the pond continues. This morning, autonomy giant (and dual-use stan) Applied Intuition announced that it has officially been awarded a UK Ministry of Defence (MoD) Defence and Science Technology Laboratory (DSTL) to “deliver a complete autonomy test bed for ground-launched, near-surface drone swarms.” Applied will lead a consortium of companies—Rowden […]
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, […]
Q + A: A.J. Bertone, Managing Partner, In-Q-Tel
If you’ve been paying attention to the past year of Tectonic (!!), you’ll recognize a sneaky three-letter acronym that pops up on a lot of defense tech cap tables: IQT. For those lucky enough not to be in the know, that stands for In-Q-Tel, a not-for-profit venture fund backed by the US government and investing […]
A Q+A with Former Secretary of Defense Mark Esper
Mark Esper has spent a whole heck of a lot of time in the defense ecosystem. After a decade in uniform in the US Army, he worked as a congressional staffer, a senior policy aide to Sens. Chuck Hagel and Bill Frist, and a Deputy Assistant Secretary of Defense in the early 2000s. Then, he […]
A Q+A with Alex Ferrara, Partner at Bessemer Venture Partners
If there is one fund that knows how to deploy big-time cash into tech companies, it’s Bessemer Venture Partners. The Silicon Valley fund has about $19B under management, and has invested in tech giants from LinkedIn (everyone’s fav) to Shopify. This year, the fund has turned to defense—specifically, European defense. They led Auterion’s $130M Series […]
