defense

5 investors have high hopes for defense tech amid growing venture interest

It is likely not an overstatement to say that the relationship between U.S. defense and Silicon Valley is undergoing its most profound transformation since the 1950s.

Saronic, a defense startup building autonomous ships, raises $55M

Saronic, a startup developing autonomous ships for defense, has raised $55 million in a Series A round led by Caffeinated Capital with participation from 8VC, Andreessen Horowitz, Lightspeed Venture P

Rocket Lab adds a suborbital launch option aimed at hypersonic defense customers

Rocket Lab is adding a new offering to its suite of services: hypersonic suborbital launches. The new service will be available starting sometime in the first half of this year, when the company will

Shield AI raises another $60M at a $2.3B valuation for its military autonomous flying tech

Defense technology continues to get a lot of attention from investors, and today, one of the bigger startups in the space is announcing more funding. Shield AI — which develops platforms and pla

Razor’s Edge Ventures closes $340M fund as it looks to invest in defense startups

In a sign that national security tech is a safe bet even during troubled economic times, defense- and security-focused VC firm Razor’s Edge Ventures today announced the closing of its third star

Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

Booz Allen Hamilton, the Virginia-based, defense-focused IT consulting firm, today announced the launch of a corporate venture capital arm, Booz Allen Ventures, that will initially put $100 million to

Slingshot Aerospace scores $25M Space Force contract to build ‘digital twin’ space simulator

Space simulation and analytics company Slingshot Aerospace has been awarded a $25.2 million, 39-month contract by the U.S. Space Force (USSF) to further develop and deliver two of its products: Digita

GM plans to build a military vehicle based on the Hummer EV

The Hummer H1 was based on a military truck, and now it appears GM is ready to return the favor: GM plans to build a military vehicle prototype based on the upcoming Hummer EV.

UK to invest in AI and cyber as part of major defense spending hike

The UK has announced a massive boost in defense spending — £16.5 billion ($21.8BN) over four years, the biggest such spending bump for 30 years — in what prime minister Boris Johnson has

CFIUS Cometh: What this obscure agency does and why it matters to your fund or startup

On January 12, 2016, Grindr announced it had sold a 60% controlling stake in the company to Beijing Kunlun Tech, a Chinese gaming firm, valuing the company at $155 million...

Defense Secretary James Mattis steps down

The man who led the Department of Defense for the first two years of the Trump administration will wrap up his tenure early next year. Retired Marine General James Mattis will leave his post by Februa

Palmer Luckey’s defense company Anduril is already leading to arrests at the southern border

Palmer Luckey’s defense project just crawled out of stealth mode. Between a flattering new Wired piece and its first few official tweets, the secretive year-old company known as Anduril is stepp

Google reportedly backing out of military contract after public backlash

A controversial Google contract with the U.S. military will not be renewed next year after internal and public outcry against it, Gizmodo reports. The program itself was not particularly distasteful o

New Homeland Security Secretary Kirstjen Nielsen brings her cybersecurity focus to domestic defense

After a Senate vote on Tuesday, Kirstjen Nielsen has been confirmed as John Kelly's replacement to lead the Department of Homeland Security. The top position at the DHS has remained open since Kelly l

The US Government must work with tech companies if it wants to remain competitive in AI

U.S. Secretary of Defense James Mattis is concluding his tech tour of the West Coast today with a visit to Google's Mountain View campus. Mattis spent time at Amazon and the Defense Innovation Unit

Border wall bill draws on Palmer Luckey’s new defense company

After being ousted from the VR empire he built, Oculus founder Palmer Luckey is wasting no time on his next project: building the wall. As CNN reports, Luckey's newfound interest in defense is evident

The Wizards of Armageddon set up shop in Silicon Valley

The Research and Development Corporation (RAND) has helped the U.S. think through some of the toughest scientific and regulatory challenges since the 1940s. This year, the think tank is opening its fi

Fortem raises $5.5 million to hunt and take down unwanted drones

As drones became available to private citizens around the world, bad actors found ways to use them for nefarious purposes, like spying, carrying contraband across borders and turning the aerial robots

Blackmore raises $3.5 million to build better eyes for your self-driving car

A Bozeman, Montana startup called Blackmore Sensors and Analytics Inc. has raised $3.5 million to build lidar systems that can help vehicles see more details about what’s in front of them than exist

The Boeing Black Secure Android Smartphone Gets Official After Three Years In Development

Boeing’s secure smartphone has been fully detailed after an FCC filing revealed its imminent arrival yesterday, and the Android device seems like an unusual, and mission-specific gadget. With a
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