Joby's years of R&D with the DoD may be paying off. The company has signed an agreement with defense contractor L3Harris to develop a gas-turbine hybrid VTOL that can fly autonomously â for defense applications.
Delian Alliance Industries recently raised $14 million in funding to continue building its defense products, which include surveillance towers, and concealed sea drones.
The NATO Innovation Fund (NIF) is entering a new chapter, marked by the arrival of two new partners and the departure of its penultimate founding team partner.
Rune Technologies raised $24 million to advance deployment of TyrOS, AI-enabled predictive software for military logistics that can run on the ground without internet connection.
With a fundraising target of â¬25 million, Darkstarâs goal is to help startups bring battle-tested products to military customers both in Ukraine and throughout Europe.
Rising-star defense tech Mach Industries has announced a new $100 million round from Khosla, Bedrock and Sequoia.
Spotify's Daniel Ek just led a â¬600 million investment in Helsing, a four-year-old, Munich-based defense tech company that is now valued at â¬12 billion, according to the Financial Times. The deal makes it one of Europe's most valuable privately held companies; it also highlights Europe's scramble to build its own military muscle as the world grows messier and the U.S. turns inward.