Browsing: Defense

US defense tech startup Mara has closed a pre-seed funding round of $7 million. With its system Spike, the young company aims to combat specifically small, agile drones that are shaping modern conflicts. The round was led by Khosla Ventures, with participation from a16z Speedrun, Night Capital, Palmdrive, Protagonist, Freedom Fund, and Indicator Fund, as…

The U.S. battery industry just found an unexpected savior. After EV incentive cuts left startups gasping for air, the Department of Energy threw them a $500 million lifeline—but there’s a catch. The money’s earmarked for defense applications, signaling a dramatic pivot from consumer electric vehicles to military-grade power systems. It’s a strategic bet that could…

The Washington D.C. region — which includes Northern Virginia, Maryland and the District itself — is one of the United States’ most prominent defense hubs. It headquarters five of the country’s largest defense contractors and rakes in the highest concentration of defense dollars, totaling $106.7 billion in 2023. Thanks to its proximity to the Pentagon,…