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Protection tech darling Mach Industries hits $1.8B valuation, a 4x leap in a yr

Mach Industries, the three-year-old protection tech startup run by 22-year-old founder and CEO Ethan Thornton, has raised a $300 million…

Steven Ellie

Protection tech is flooded with cash, however who’s constructed to final?

Protection tech is purple sizzling proper now. Anduril and Mach Industries simply doubled and quadrupled their valuations, respectively, and the U.S. authorities is proposing a 40% increase in protection…

Steven Ellie

Lux Capital lands $1.5 billion for its largest fund ever

Lux Capital, a 25-year-old VC agency identified for its investments in frontier science and protection expertise, has closed a $1.5…

Steven Ellie
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Latest defense tech News

Anduril reportedly in talks to boost funding at $100B valuation, greater than 3x final 12 months’s mark

Protection tech firm Anduril is alleged to be elevating a brand new…

Steven Ellie

Ethan Thornton is making an attempt to do every little thing abruptly

Ethan Thornton dropped out of MIT at 19 to construct weapons. The…

Steven Ellie

Anduril raises $5B, doubles valuation to $61B

One other yr, one other huge inflow of capital for Anduril: the…

Steven Ellie

Combine raises $17M to maneuver protection challenge administration into the twenty first century

John Conafay, a veteran of the US Air Pressure, has spent most…

Steven Ellie

Harmattan AI raises $200M Collection B led by Dassault Aviation, turns into protection unicorn

French protection tech firm Harmattan AI is rising nearly as quick because…

Steven Ellie