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Defense Tech

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Ukraine Expands Shield with French Crotale NG Air Defense
defense-tech5 hours ago

Ukraine Expands Shield with French Crotale NG Air Defense

Ukraine has received additional Crotale NG air-defense batteries from France and partners to bolster its shield against Shahed drones and cruise missiles. The mobile system uses radar and electro-optical tracking to detect up to 30 targets, track 12, and fire four at once, with VT-1 missiles covering about 8 km in roughly 10 seconds and reaching up to 6 km altitude. Deployed near front lines and critical infrastructure, Crotale NG provides a near-range defense where Patriot/NASAMS are less effective, and it remains relevant as Russia expands Shahed launches. Exact numbers of the latest delivery were not disclosed.

via UNITED24 Media|
#air-defense#crotale-ng#defense-tech
technology19 days ago

Hadrian Closes $1.4B Round to Scale AI-Powered Defense Factories

Hadrian raised nearly $1.4 billion at a $7.9 billion valuation in a round led by Baillie Gifford, J.P. Morgan Strategic Investment Group and others to expand its AI-powered Opus software and scale its workforce for defense manufacturing, targeting production bottlenecks for submarines, munitions, and drones amid a broader push to boost U.S. defense capacity under the Trump administration.

via CNBC|
#defense-tech#funding-round#hadrian
Lockheed backs Ukraine Patriot licenses as U.S. starts licensing process
politics1 month ago

Lockheed backs Ukraine Patriot licenses as U.S. starts licensing process

The United States has begun the process of granting Ukraine licenses to produce Patriot missiles, a move Lockheed Martin backs; a senior Ukrainian official told the Kyiv Independent that the licensing could move faster than previously anticipated, potentially reducing Kyiv’s reliance on U.S. manufacturers, and Zelensky hailed the decision as historic as Ukraine pursues additional air-defense options like the Freya project.

via The Kyiv Independent|
#defense-tech#lockheed-martin#patriot-licensing
Trump-Sons’ Golf Brand Merges With Drone Maker to Go Public
business5 months ago

Trump-Sons’ Golf Brand Merges With Drone Maker to Go Public

A golf-club company backed by Donald Trump’s sons is merging with drone maker Powerus to form a company that will go public via Aureus Greenway Holdings. Andrew Fox of Powerus would lead as CEO/chairman, and Dominari Securities will raise about $9m, with the Trump brothers each holding roughly 6% in Dominari. The deal could close by end-2026, but either side can terminate if not completed. The move underscores the Trump family’s expanding investments in drone and defense tech amid broader scrutiny of their business interests.

via The Guardian|
#business#defense-tech#drones
U.S. Government Shutdown's Impact on Startups and Tech Innovation
business10 months ago

U.S. Government Shutdown's Impact on Startups and Tech Innovation

The relationship between startups and the U.S. government is becoming more complex as startups increasingly rely on government contracts, especially in defense, AI, and tech sectors. Recent government shutdowns and increased government ownership stakes in tech and industrial companies highlight the evolving and intertwined nature of this relationship, which now impacts startup growth and innovation more than ever.

via TechCrunch|
#business#defense-tech#government-contracts
Helsing Defense Tech Startup Valued at $4 Billion in New Funding Round
businesstechnology2 years ago

Helsing Defense Tech Startup Valued at $4 Billion in New Funding Round

Munich-based AI startup Helsing is raising at least $400 million in a Series C funding round led by General Catalyst, valuing the company at around $4 billion. This makes Helsing one of the most valuable defense tech startups globally. The company, which focuses on AI software for military applications, has secured contracts with European militaries and aims to enhance national security interests amid global tensions.

via Forbes|
#ai#businesstechnology#defense-tech
Teen's $85M Hydrogen Weapon Project Faces Major Setbacks
businesstechnology2 years ago

Teen's $85M Hydrogen Weapon Project Faces Major Setbacks

Ethan Thornton, a 19-year-old MIT dropout, raised $85 million from top investors for his startup Mach Industries, which aimed to revolutionize military weaponry with hydrogen-powered technology. However, the company has faced significant technical and safety challenges, chaotic leadership, and failed product tests, leading to internal turmoil and skepticism about its viability. Despite these issues, Thornton remains optimistic and has pivoted the company towards developing drones and cruise missiles.

via Forbes|
#businesstechnology#defense-tech#hydrogen-weapons
Pentagon Set to Select Replicator Drones, Enhancing Defense Agility
defense-technology2 years ago

Pentagon Set to Select Replicator Drones, Enhancing Defense Agility

The Pentagon plans to select its first candidates for the Replicator initiative, which aims to deploy thousands of drones within the next two years, by early December. Deputy Secretary of Defense Kathleen Hicks stated that the selection will represent the first tranche of systems, with varying costs depending on payload. However, the Pentagon has been cautious in providing details about Replicator, leaving defense tech industry executives uncertain about increasing production or securing additional funding. Hicks assured that funding is not a concern, as the money is already allocated in existing programs. The focus of Replicator will be on programs useful for Indo-Pacific Command, with the goal of creating operational dilemmas for China.

via C4ISRNET|
#defense-tech#defense-technology#drones