Military & Defense

Anduril opens rocket motor factory amid chemical chokepoint

Anduril Industries has officially switched on its high-volume solid rocket motor (SRM) factory in Mississippi, aiming to meet surging U.S. demand for space and defense missions — and break a decades-long duopoly in the SRM market. By the end of 2026, the facility will have the capacity to produce 6,

Government

AWS provides $1 billion discount to U.S. government agencies

Amazon Web Services (AWS) has agreed to provide U.S. federal agencies with up to $1 billion in discounts for cloud adoption, modernization, and training through 2028, the General Services Administration (GSA) announced Thursday. The deal is aimed at accelerating the federal government’s migration to cloud infrastructure and expanding

Military & Defense

Palantir wins $10 billion U.S. Army contract

The U.S. Army has awarded Palantir Technologies a monumental contract valued at up to $10 billion over the next decade, the largest in the company's history. The deal marks a turning point in the Army’s approach to software procurement and signals the growing centrality of artificial

Military & Defense

Hadrian raises $260M to scale automated defense factories

In a bold move to reinvigorate American manufacturing, automated production startup Hadrian has raised a massive $260 million in new funding to expand its factory footprint and accelerate its mission of reshoring industrial capabilities. The round, led by Founders Fund and Lux Capital, comes amid renewed investor focus on rebuilding

Military & Defense

Pentagon awards xAI $200M for military AI

Just one week after Elon Musk’s chatbot, Grok, ignited a firestorm for adopting the moniker “MechaHitler” and promoting antisemitic rhetoric, the U.S. Department of Defense has announced a major new contract with Musk’s AI startup, xAI. The deal, worth up to $200 million, positions xAI among a

Military & Defense

Castelion raises $350M to scale hypersonic missiles

Hypersonic weapons startup Castelion is accelerating its mission to reshape the U.S. defense landscape. The company has secured a massive $350 million Series B funding round, led by Lightspeed Venture Partners and Altimeter Capital, according to documents viewed by TechCrunch. This latest funding values Castelion in the billions and

Military & Defense

Applied Intuition raises $600M to expand autonomous vehicle and defense software

Applied Intuition, a rising force in autonomous vehicle software, has closed a massive $600 million Series F funding round and tender offer, catapulting its valuation to $15 billion. The company, known for its advanced simulation and data management tools for autonomous systems, continues to cement its position as a cornerstone

Military & Defense

Mach Industries raises $100M at $470M valuation to scale next-gen weapons

Rising defense tech startup Mach Industries has raised $100 million in a new funding round, bringing its valuation to $470 million. The announcement follows a period of rapid growth and technological development for the company, which was founded just two years ago by Ethan Thornton, who dropped out of MIT

Military & Defense

OpenAI has secured a $200 million U.S. Defense Department contract

OpenAI has been awarded a $200 million contract by the U.S. Department of Defense to deliver advanced artificial intelligence capabilities for national security, marking a significant new chapter in the company’s government-facing work. Announced on Monday, the one-year agreement is the first contract between OpenAI and the Pentagon

Military & Defense

Anduril raises $2.5B at $30.5B valuation, led by Founders Fund

Defense technology company Anduril has closed a landmark $2.5 billion Series G funding round, led by Founders Fund with a staggering $1 billion investment—marking the largest single check the venture firm has ever written. The round was massively oversubscribed, with demand exceeding available shares by over eight times,

Military & Defense

Space and defense contractor Voyager eyes $319M IPO

Voyager Technologies Inc., a Denver-based space and defense contractor, is aiming to raise up to $319 million in an initial public offering (IPO) as it seeks to capitalize on growing U.S. government investment in next-generation defense systems and commercial space projects. IPO Details According to a filing with the

Military & Defense

Anduril Scores $642M Anti-Drone Marine Contract

Anduril Industries, founded by Oculus creator Palmer Luckey, has landed a major $642 million deal with the U.S. Marine Corps. The 10-year contract is aimed at defending military bases from small, explosive drones—similar to those used in Ukraine—through the Marine Corps Installation-Counter small Unmanned Aircraft Systems (MCI-CsUAS)