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Browsing: Defense
As orders from Israeli defense tech companies reached approximately $330 million in exports, the government met on Thursday with CEOs of some of the country’s top defense startups to discuss Israel’s defense strategy, which includes munitions independence, pushing for the development of “the next surprises,” and increasing defense exports.
Defense tech startup Hadrian just crossed into near-unicorn territory with a fresh funding round that values the AI-powered manufacturing company at nearly $8 billion. The massive valuation signals a dramatic shift in venture capital as investors pile into defense technology startups riding President Trump’s military modernization push. It’s the latest sign that defense tech has…
This year, the world’s largest defense companies are investing more than ever in military startups.
Defense tech startups are repurposing automotive chips and pipes used in fracking — while copying production methods from drugmakers — in an effort to deliver weapons to the Pentagon faster and at lower cost. Soaring demand for rocket motors used to power missiles and other weapons has spurred new…
Families of missing-in-action service members from the Vietnam war were issued a promise on June 25 from the new overseer of the Defense POW/MIA Accounting Agency to look into budget cuts that have canceled MIA searches in Vietnam and Laos. Former Army Brig. Gen. Anthony Tata, now undersecretary of …