Big week for C-UAS systems. Yesterday, directed energy weapons company Epirus announced a $250M Series D, led by 8VC and Washington Harbour Partners LP. CEO Andy Lowery told Tectonic that the funding will be used to ramp up production of the company’s Leonidas™ system and build a facility in Oklahoma that would enable the company […]
Let’s play a game. What company is less than three years old, builds unmanned vessels, and is worth $4B? Saronic, as it turns out. The Texas-based USV company announced today that it has raised a $600M Series C, quadrupling its valuation from last summer. The round was led by Elad Gil, with participation from General […]
In case you missed it, Europe is reeling. On a whirlwind tour of the continent last week, SecDef Pete Hegseth and VP JD Vance openly questioned the transatlantic security agreements that have underpinned European defense since WWII. Meanwhile, Trump is pushing forward with Ukraine peace talks that exclude Ukraine, along with all of Washington’s European allies. Then there was that hour-and-a-half-long call with […]
Much of the world might have been gobsmacked by DeepSeek and AI’s Sputnik moment, but EnCharge AI has been thinking about how to make artificial intelligence more efficient and more powerful for years. The company’s proprietary analog in-memory chip—developed initially out of a Princeton lab by CEO Naveen Verma and his team—is 20X more efficient and 9X […]
Palmer Luckey just can’t stop winning. Over the weekend, CNBC reported that Anduril is reportedly in talks to raise up to $2.5B at a $28B pre-money valuation. Sources familiar with the deal told Tectonic that the round was led by Peter Thiel’s Founder’s Fund, which coughed up a $1B check. The term sheet was reportedly signed on […]
Thought the AI mergers were over? Think again. Today, autonomous vehicle software developer Applied Intuition announced that it’s acquiring EpiSci, a software company that builds autonomous systems for everything from drones to surface vessels to fighter jets. Applied Intuition CTO and co-founder Peter Ludwig told Tectonic that the deal would enable the company to expand beyond ground-based […]
