We live in a very different world since the Russian invasion of Ukraine in 2022 and Hamas’s Oct. 7 attack on Israel. With global military expenditure reaching $2.4 trillion last year, startups are hoping to get a share of the pie, and formerly re…
Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned. © 2024 TechCrunch. All rights reserved. For personal use only.
Last night, for an evening hosted by StrictlyVC, this editor sat down with Trae Stephens, a former government intelligence analyst turned early Palantir employee turned investor at Founders Fund, where Stephens has cofounded two companies. One of these…
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 © 2023 TechCrunch. All rights reserved. For personal use only.
Defense tech startups raised sizable rounds in 2023, which shows VCs are interested in the sector despite market conditions. © 2023 TechCrunch. All rights reserved. For personal use only.
It is too early to tell how long the Israel-Hamas war may last, but it is likely to make democracies’ need for defense tech even clearer. © 2023 TechCrunch. All rights reserved. For personal use only.
Anduril is symbolic of a trend in which defense tech and venture capital dollars are no longer antithetic.
After announcing plans nearly two years ago, defense alliance NATO has officially closed its first fund to back startups that are building technology strategic to NATO’s own goals in defense and security. Member nations are collectively committing capital totalling €1 billion (around $1 billion at current rates) to the NATO Innovation Fund, which plans to…
Defense technology company Anduril Industries has acquired Adranos, a startup that manufactures solid rocket motors for in-space and terrestrial applications. The two companies did not disclose the terms of the deal. Indiana-based Adranos’ solid rocket motor propulsion systems are designed for tactical missiles, hypersonics and space launch vehicles. Adranos has also developed a solid rocket…
Startups and active investors are uniquely positioned to support the defense efforts of the West and the mission to keep our societies safe. Startups should absolutely work with governments to support defense projects by Walter Thompson originally published on TechCrunch
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