Overland AI just keeps notching wins. Yesterday—hot off winning the Army’s xTechOverwatch competition—the ground autonomy startup announced that it’s won a $2M Army contract to “put autonomous ground vehicles in the hands of 1st Cavalry Division Troopers.” Thought the whole idea was that hands weren’t necessary, but who are we to say? Rise of the […]
Well, it seems the whole “factory of the future” thing is really happening. This morning, Anduril released a year-one update on its Arsenal-1 production facility in Ohio—the $1B, 5M+ square foot mega factory the company announced it was building last January. According to the release, the walls are up on the first two buildings, the […]
Interceptors are so hot right now. Yesterday, Munich-based mini-autonomous-missile company TYTAN Technologies announced that it’s opened up a new facility in Bavaria and inked a partnership with German sensor giant HENSOLDT, all with the aim of producing 3,000 Group 3 interceptor drones a month by the end of 2026. The company—which tests its drones on […]
Once again, the Ukrainians are back to show us a thing or two about drone warfare. Last Friday, the Ukrainian Ministry of Defense announced that all of its drone operations will soon be unified under a single operating system called Mission Control, which will basically act as a giant, data-driven eye-in-the-sky for how drones in […]
Everyone and their mother really is doubling down on the whole defense tech thing. On Friday, federal contracting giant Booz Allen Hamilton ($BAH) announced that it’s investing a fat $400M in a16z’s Growth fund as an anchor LP and forming a strategic partnership with the VC giant. (To note: While the check goes to Growth, […]
The Anduril empire just keeps on growing. Yesterday, the defense tech giant announced that it’s opening up a new 1M+ square-foot campus in Long Beach, CA, where the firm (can’t really call it a startup anymore, can we?) says it will carry out everything from software development to R&D. An Anduril spokesperson told Tectonic that […]
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, […]
What’s AI-powered, has many limbs, and will soon be climbing all over even more of the Navy’s most expensive, mission-critical components? Gecko Robotics, as it turns out. This morning, the PA-based robotics company announced in an exclusive release toTectonic that it’s officially teaming up with major US Navy supplier Trident Maritime Systems to “deploy advanced […]
Well, it would appear that investors’ appetite for rare earths ain’t goin’ nowhere. Yesterday, US rare earths magnet manufacturer Noveon Magnetics announced that it’s closed a $215M Series C led by a whopping $200M investment from One Investment Management (OneIM). The company says that this big ol’ pile of cash will fuel “significant growth” of […]
This may come as a departure from Tectonic’s usual lighthearted coverage, but at the end of the day, it’s our responsibility to report on all of the defense tech industry—even the gritty bits. The US Navy’s former Program Executive Officer for Unmanned and Small Combatants (PEO USC), Rear Adm. Kevin Smith, was fired from his […]
