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Oshkosh and Grid Aero Team Up for Logistics UAVs

Back when we started Tectonic, we wondered (out loud, a lot) when the great wave of prime-startup partnerships would come into full swing. It seems, nearly two years on, that we’re officially in the thick of it. Yesterday, contested logistics UAV startup Grid Aero announced that it’s inked an official partnership with Oshkosh Defense (not […]

PentagonTech

Aevex Inks $41.6M Mine-Hunting Deal with the US Navy

Rumors of Aevex’s demise have been greatly exaggerated.  On Friday, the California-based drone-maker announced that it’s secured $41.6M across two contracts with the Navy for its Fisher and SightGlass mine countermeasure (MCM) systems, designed to be deployed from the company’s Global Autonomous Reconnaissance Craft (GARC) and its newer Lynx and Chaser small unmanned surface vessels […]

EuropeInvestment

Hypersonica Raises €100M Series B for European Deep Strike

Well, gosh darn. So much for Europe being conservative when it comes to funding defense. This morning, British-slash-German hypersonic deep-strike company Hypersonica announced that it’s closed a €100M Series B to “accelerate development of its deep-strike systems, increase testing cadence and expand operations and reindustrialisation across Europe.” “The debate about whether Europe needs hypersonic deep-strike […]

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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, […]