Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new…
Layup Parts co-founder Zack Eakin has drawn on a motorsports background, and his experience working for Palmer Luckey and Elon Musk, to tackle making faster, cheaper, and better composites.
Mach says the acquisition meaningfully improves unit economics across its five vehicle programs at exactly the moment the company is starting to scale.
After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.
In one year, Shield AI’s value has leaped 140%. This after it won a contract to be the software provider to Anduril’s Fury fighter jet for the U.S. Air Force.
The Army described this as a single enterprise contract consolidating more than 120 separate “procurement actions.”
The deal could give Anduril a better shot at lucrative missile defense contracts through the “Golden Dome” system.
The Pentagon has officially designated Anthropic a supply-chain risk after the two failed to agree on how much control the military should have over its AI models, including its use in autonomous weapons and mass domestic surveillance. As Anthropic’s $…
The funding round would come less than a year after Anduril’s Series G, which closed in June with $2.5 billion against a $30 billion valuation.
Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks. The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion i…