Latest Stories
Ulysses Raises $46M Seed + Series A
Strap on your life jackets, kids. We’re headed out to sea. Yesterday, “ocean company” (we’ll explain) Ulysses announced that it’s raised a $38M Series A led by Andreessen Horowitz’s (a16z) American Dynamism fund, with participation from Booz Allen Ventures and Harpoon Ventures, bringing total funding to $46M (with an earlier, unannounced $8M seed). The startup—which […]
Exclusive: Aeon Teams Up With GTS on New Warheads and Missiles
Looks like the old school is teaming up with the new kids on the block. Today, in an exclusive release to Tectonic, Austin-based new-age mini-missile startup Aeon announced that they’ve officially partnered with defense tech OG Global Technical Systems (GTS) to cook up new warhead designs for Aeon’s Zeus system and co-produce GTS’s low-cost cruise […]
Germany Orders “Thousands” of Auterion-Airlogix UAVs
The Europeans are really having quite the week over here in defense tech land. Earlier this week, autonomy hotshot Auterion announced that it’s won a contract from the German government to provide “thousands of mid-range, heavy AI-guided autonomous strike systems” built with Ukrainian drone company Airlogix to the Ukrainian Armed Forces. The systems—specifically, Airlogix’s X […]
Quantum Systems Scores $15.3M Army Contract
We told y’all the Europeans were coming. Yesterday, German drone (but, importantly, not strike drone) giant Quantum Systems announced that it’s scored a $15.3M contract for its Vector AI drones with the US Army to deliver “advanced aerial intelligence capabilities to Brigade Combat Teams of the U.S. Army.” This marks the company’s first major Pentagon […]
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 […]
