defense

Castelion is raising a $350M Series B to scale hypersonic missile business

Startups /

Hypersonic weapons startup Castelion is raising a $350 million Series B led by Lightspeed Venture Partners and Altimeter Capital, according to sources and documents viewed by TechCrunch. The round, which values the company in the billions, is anticipated to close in a matter of weeks. A term sheet has been signed. The new round comes […]

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Applied Intuition raises $600 million as it pushes further into defense

Fundraising /

Buzzy autonomous vehicle software company Applied Intuition has closed a $600 million Series F funding round, pushing its valuation up to $15 billion. The round was co-led by BlackRock-managed funds and Kleiner Perkins, and included new investments from the Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft, and more. Existing investors General Catalyst, Lux, Elad

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Boosted by defense and Starlink, Orca AI pulls in $72.5M for its autonomous shipping platform

Fundraising /

The autonomous navigation market — where ships, guided by AI, steer themselves, resulting in fuel and time savings — is projected to sail past $11 billion by 2028. As a result, companies in this space are pushing on an open door. The latest is Orca AI, which closed a Series B funding round of $72.5 million

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Three years on, Europe looks to Ukraine for the future of defense tech

Security /

Today marks three years since Russia’s illegal, unprovoked, and brutal invasion of Ukraine. The Ukrainian people have heroically fought the war with grit and determination, but they have also, against the odds, innovated on and off the battlefield.  In addition to establishing a defense tech initiative called BRAVE1, the country has also hosted tech conferences like

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Archer Aviation doubles down on defense aircraft with fresh $300M

Transportation /

Escalating geopolitical tensions and a new administration with a hawkish defense agenda has led many startups to embrace dual-use strategies to secure revenue through military applications. And it’s a trend that is already heating up in aerospace.   Just look at Archer Aviation, a California-based startup building eVTOLs (electric vertical takeoff and landing vehicles). Until very

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Google removes pledge to not use AI for weapons from website

Government & Policy /

Google removed a pledge to not build AI for weapons or surveillance from its website this week. The change was first spotted by Bloomberg. The company appears to have updated its public AI principles page, erasing a section titled “applications we will not pursue,” which was still included as recently as last week. Asked for

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ARX launches firestick-like platform to make military trucks autonomous

Startups /

A startup with founders who previously served in the German military has created a product akin to an Amazon Firestick for legacy defense equipment, complete with a software stack. ARX Robotics claims its system can turn old equipment into AI-driven devices, such as autonomous-driving trucks.  Back in June this year ARX raised a €9 million

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OpenAI inks deal to upgrade Anduril’s anti-drone tech

AI /

OpenAI plans to team up with Anduril, the defense startup, to supply its AI tech to systems the U.S. military uses to counter drone attacks. The Wall Street Journal reports that Anduril will incorporate OpenAI tech into software that assesses and tracks unmanned aircraft. Anduril tells the publication that OpenAI’s models could improve the accuracy

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Meta says it’s making its Llama models available for US national security applications

AI /

To combat the perception that its “open” AI is aiding foreign adversaries, Meta today said that it’s making its Llama series of AI models available to U.S. government agencies and contractors in national security. “We are pleased to confirm that we’re making Llama available to U.S. government agencies, including those that are working on defense

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Chinese military researchers reportedly used Meta AI to develop defense chatbot

AI /

Chinese research scientists linked to the People’s Liberation Army (PLA), the military wing of China’s ruling party, reportedly used “open” AI from Meta to develop a tool for defense applications. According to Reuters, Chinese researchers, including two affiliated with a PLA R&D group, used Meta’s Llama 2 AI model to create a military-focused chatbot. The

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