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Investment

Hertha Metals Raises $133.65M Series A

Well, gosh darn. We didn’t think we’d be writing so much about rare earths and metals as a defense tech publication but, well, here we are. Yesterday, steel company (yes, we’re doing steel again) Hertha Metals announced that it’s raised a whopping $133.65M Series A to produce high-purity iron for domestic rare-earth magnets.  Hertha Metals […]

Tech

Exclusive: Aeon Brings Destinus’ Interceptors Stateside

The defense tech scene on both sides of the pond is kicking into high gear, and that’s opening up opportunities for some very symbiotic transatlantic collabs.  In an exclusive release in Tectonic this morning, Dutch drone and cruise missile hotshot Destinus and Texas-based software-defined missile startup Aeon announced that they’re teaming up on a co-developed […]

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Q + A

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 […]

Q + A

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

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 […]