Industrial Base Monitor

$10BContract Award

M1 Support Services Wins $10B Army Flight School Next Contract

M1 Support Services won a 26-year, $10 billion firm-fixed-price IDIQ contract to provide initial entry rotary-wing training for 800-1,500 Army pilots annually. The Flight School Next program consolidates aviation training into a single enterprise framework with AI-enabled simulation, advanced aircraft, and proficiency-based instruction.

Fort Rucker, AlabamaAerospaceManufacturing/Production

Investors U.S. Army

Corporate M&A

Wrist Group Acquires MSA for Defense Logistics Expansion in Indo-Pacific

Wrist Group, a PE-backed marine supply and logistics company, acquired Military Services Australia and Downie Jones Ship Stores to expand defense-logistics services in the Indo-Pacific region. The deal strengthens Wrist's presence serving naval and defense customers across Australia and surrounding maritime areas.

Aalborg, DenmarkManufacturing/ProductionOther

Investors J.F. Lehman & Company

$250MSeries C

Neros Technologies Series C funding $250M for Bandit interceptor drone

Neros Technologies raised $250M Series C to scale production and technology for the Bandit interceptor, a counter-UAS system targeting Class 2-3 drones like Shahed systems, and Archer AI, an FPV platform with autonomous capabilities. Both systems targeted for deployment by end of 2026.

Autonomous Systems/DronesElectronic Warfare

Investors Sequoia Capital, American Strategic Technology Fund, Interlagos, Valor Equity Partners, Allen & Company, Thiel Capital, Spark Capital, Dylan Field

Thursday, August 13, 2026

Corporate M&A

ZenaTech Acquires Galena-Benchmark Engineering for Drone Services Expansion

ZenaTech completed its 27th Drone as a Service acquisition, purchasing Galena-Benchmark Engineering, a civil engineering and surveying firm with 30+ years of operations. The acquisition expands ZenaTech's drone services platform into Idaho and provides an established customer base and regional operating platform for introducing drone-based surveying, monitoring, and precision agriculture services.

Ketchum, IdahoAutonomous Systems/DronesManufacturing/Production

Investors ZenaTech

$600MContract Award

Intuitive Machines wins $600M contract for three GEO satellites

Intuitive Machines secured a $600 million contract to build three geostationary orbit communications satellites using its IM 1300 platform. The deal, valued over 30 months, supports growing demand for GEO satellite capacity, potentially related to C-band spectrum clearing initiatives.

Houston, TexasSpace/SatellitesCommunications

Investors Undisclosed customer

$60MContract Award

Space Force awards $60M to five companies for multi-vendor satellite network tests

The U.S. Space Force awarded $60 million across five companies (Amazon LEO for Government, Lockheed Martin, Northrop Grumman, Rocket Lab, York Space Systems) to demonstrate multi-vendor satellite connectivity to its Space Data Network. The work validates integration methodologies and standardized interfaces enabling diverse commercial systems to operate seamlessly across the SDN backbone.

Space/SatellitesCommunications

Investors U.S. Space Force

$650MCorporate M&A

AEVEX acquires BlackSea Technologies for up to $650M in autonomous maritime systems deal

AEVEX is acquiring naval technology firm BlackSea Technologies for up to $650M ($250M cash + $350M stock + $50M earnout) to expand unmanned surface and undersea vessel capabilities. The deal integrates BlackSea's autonomous maritime systems with AEVEX's broader autonomous platform portfolio, strengthening defense tech capabilities for Navy and Special Operations Command.

Solana Beach, CaliforniaAutonomous Systems/DronesAerospace

Investors AEVEX

Wednesday, August 12, 2026

$148MOther

iSpace Secures $148M Series E Funding for Reusable Rocket Development

Chinese reusable launch vehicle maker iSpace raised $148 million in the first batch of Series E funding to support development and mass production of its Hyperbola-3 reusable rocket, methane engine manufacturing, and launch infrastructure. The funding reflects strategic government backing for China's commercial space sector expansion.

ChinaAerospaceSpace/Satellites

Investors China state bank asset investment companies

$2.2BContract Award

HII Books $2.2B GSA Task Order for SOUTHCOM Surveillance Work

HII received a $2.2 billion task order under the ASTRO IDIQ contract to deliver surveillance, tracking, and intelligence services to U.S. Southern Command through the STINGRAI program. The award covers one base year with six option years and supports SOUTHCOM's ability to detect and disrupt illicit activity in Central America, South America, and the Caribbean.

Arlington, VirginiaCommunicationsSoftware/ITAI/ML

Investors U.S. Southern Command

$275MPublic Markets

Firefly raises $181.6M in stock offering; SciTec wins $93.7M radar modernization contract

Firefly Aerospace raised $181.6M via stock offering and its subsidiary SciTec won a $93.7M firm-fixed price contract from Space Systems Command to modernize the military's ground-based missile warning radar network under the Ground Based Radar Digitization program.

Huntsville, ALAerospaceSpace/SatellitesElectronic Warfare

Investors U.S. Space Systems Command, Public Markets

$4MSeed

Soctera Raises $4M Seed for Defense Power Amplifier Technology

Soctera raised $4M in seed funding to develop semiconductor-based power amplifiers for defense radar, electronic warfare, and satellite applications. The technology reduces gallium nitride content by 20x while improving thermal performance, addressing critical needs for next-generation military systems.

Semiconductors/ElectronicsElectronic WarfareAerospace

Investors Anorak Ventures, Multiball Capital, 9Yards Capital, Mana Ventures, Red Bear Ventures

$28MContract Award

Space Force adds $28M to Impulse Space contract for maneuverable spacecraft

The Space Force awarded a $28 million contract modification to Impulse Space to develop two additional maneuverable Mira spacecraft (Victus Salo 2 and 3) for tactically responsive space missions in low Earth orbit. This expands Impulse's role in the Space Force's TacRS initiative to enable rapid orbital positioning and maneuvering capabilities.

Huntsville, AlabamaAerospaceSpace/SatellitesAutonomous Systems/Drones

Investors U.S. Space Force

$6MInternal/Self-funded

L3Harris opens $6M undersea training facility in Rhode Island

L3Harris invested $6 million to open a 50,000-square-foot production facility in Providence for undersea training systems and integration for the US Navy and allied fleets. The facility strengthens the company's undersea warfare capabilities and defense industrial base presence in Rhode Island.

Providence, Rhode IslandAerospaceManufacturing/ProductionAutonomous Systems/Drones

$60MSeries B

Heaviside Industries raises $60M Series B for precision munitions

Precision munitions startup Heaviside Industries raised $60M in Series B funding led by Felicis to develop autonomous aerial munitions. The company also partnered with Norway's Nammo for warhead supply, strengthening its defense industrial base capabilities.

Los Angeles, CaliforniaMunitions/WeaponsAutonomous Systems/Drones

Investors Felicis

$100MContract Award

USCIS Biometrics & Identity IT Support Contract Competition ($100M+)

USCIS plans to award a $100+ million contract for IT support services under its Immigration Biometrics and Identity Services (IBIS) program. The work includes data analytics, machine learning, biometrics and identity management, cloud operations, and DevSecOps to support U.S. immigration security systems through June 2032.

Washington, D.C.CybersecurityAI/MLSoftware/IT

Investors U.S. Department of Homeland Security

Internal/Self-funded

Lockheed Martin Invests Multimillion in Hypersonic MPDS, Partners with Albany Composites

Lockheed Martin announced a multimillion-dollar internal investment in its Modular Payload Delivery System (MPDS) for hypersonic weapons development and entered a teaming agreement with Albany Engineered Composites to enhance production capabilities. The investment supports flexible, modular hypersonic missile systems for offensive and defensive missions.

Bethesda, MarylandAerospaceMunitions/WeaponsManufacturing/Production

Investors Lockheed Martin

$30MContract Award

Everforth ECS Secures $30M DHA Health IT Modernization Contract

Everforth ECS won a four-year, $30 million contract from the Defense Health Agency under the ITPSAS program to support IT modernization and analytics across the Military Health System. The work includes developing predictive AI models, dashboards, and performance metrics to improve cybersecurity risk visibility and operational decision-making.

Arlington, VirginiaSoftware/ITAI/MLCybersecurity

Investors Defense Health Agency

$182MPublic Markets

Firefly raises $181.6M in stock offering; posts record $117.7M Q2 revenue

Firefly Aerospace raised $181.6M in a stock offering to fund expansion across launch, lunar, and defense programs. The company posted record Q2 revenue of $117.7M (up 45.5% QoQ) with a $1.5B backlog, including a Lockheed Martin contract extension covering up to 25 launches through 2031.

Huntsville, ALAerospaceSpace/Satellites

$2MGovernment Support

Michigan Awards $2M for Five Advanced Air Mobility Projects

Michigan's Office of Future Mobility and Electrification awarded $2 million across five advanced air mobility projects partnering technology companies with state agencies for environmental monitoring, wildfire response, infrastructure assessment, drone detection, and pesticide investigations. This supports the state's AAM Initiative to build domestic drone and advanced air mobility capabilities.

Michigan, USAAutonomous Systems/DronesOther

Investors State of Michigan

Corporate M&A

CesiumAstro Acquires Jariet Technologies for RF Semiconductor Capabilities

CesiumAstro acquired Jariet Technologies, a mmWave RF System-on-Chip semiconductor company, to bring advanced mixed-signal semiconductor design in-house. This strategic acquisition strengthens CesiumAstro's vertically integrated capabilities for defense and national security space communications and ISR systems while supporting a more resilient domestic supply chain.

Austin, TexasSemiconductors/ElectronicsSpace/SatellitesCommunications

Investors CesiumAstro Inc.

cesiumastro.com→

Internal/Self-funded

Lockheed Martin Invests Multimillion in Hypersonic MPDS, Partners with Albany Composites

Lockheed Martin is investing multimillion dollars in its Modular Payload Delivery System (MPDS) for hypersonic weapons development and partnering with Albany Engineered Composites for production capabilities. The modular architecture enables rapid integration of different payloads for offensive and defensive missions, addressing DoD demand for adaptable long-range strike and missile defense systems.

Alabama, United StatesAerospaceMunitions/WeaponsManufacturing/Production

Investors Lockheed Martin

Corporate M&A

CesiumAstro Acquires Jariet Technologies for Satellite Communications and ISR

CesiumAstro acquired semiconductor company Jariet Technologies to bring mmWave RF System-on-Chip design in-house for satellite communications and ISR systems. The acquisition strengthens CesiumAstro's vertical integration and access to trusted U.S. semiconductor technology for defense and national security customers.

Austin, TexasAerospaceSemiconductors/ElectronicsSpace/SatellitesCommunications

Investors CesiumAstro Inc.

cesiumastro.com→

Tuesday, August 11, 2026

$568MContract Award

Oracle Secures $568M DHS Cumulus Cloud Services Contract

Oracle America secured a single-award IDIQ contract from DHS to provide commercial cloud services including PaaS, SaaS, and professional services as part of DHS's Cumulus cloud modernization program. The contract covers a one-year base period with four option years, enabling rapid provisioning of on-demand, scalable cloud resources across DHS components.

Arlington, VirginiaSoftware/ITCybersecurity

Investors Department of Homeland Security

Corporate M&A

Italy's Reply Acquires Federal Contractor FedTec

Italian publicly traded firm Reply has acquired FedTec, a $100M revenue federal contractor providing digital transformation, cybersecurity, AI, cloud and infrastructure services to DoD and civilian agencies. The acquisition strengthens Reply's position in the U.S. defense and federal technology market.

Reston, VirginiaCybersecuritySoftware/ITAI/ML

Investors Reply

$1BGovernment Support

AST SpaceMobile Japan JV Selected for Up to $1B Government Capital

AST SpaceMobile's joint venture with Rakuten preliminarily selected by Japan's Ministry of Internal Affairs and Communications for the J-LEO initiative, providing up to $1 billion in non-dilutive government capital. The funding supports development of space-based cellular broadband network for global connectivity and national security applications.

JapanSpace/SatellitesCommunications

Investors Japan's Ministry of Internal Affairs and Communications

$1.1BSeries C

River AI Raises $1.1B for Open-Source AI Stack Platform

River AI raised $1.1B to build open-source AI infrastructure enabling enterprises to train, fine-tune, and deploy customized models. While primarily commercial, the platform's focus on open-weight models, cost efficiency, and democratized AI development aligns with U.S. national security interests in maintaining AI leadership and reducing dependency on closed systems.

Palo Alto, CaliforniaAI/MLSoftware/IT

Investors General Catalyst, AMP PBC, NVIDIA, AMD Ventures, Y Combinator, Temasek

$1BContract Award

Rocket Lab Secures $1.01B in Space Systems and Launch Contracts

Rocket Lab secured over $1 billion in new Space Systems and launch contracts including a $260 million U.S. Space Force agreement for 18 suborbital missions and $397 million for Flatellite spacecraft manufacturing. This expands Rocket Lab's backlog to a record $2.36 billion with 43% from government customers.

Long Beach, CaliforniaSpace/SatellitesAerospaceManufacturing/Production

Investors U.S. Space Force, Space Systems Command

$500MCorporate M&A

Joby Aviation acquires Resonant Sciences for ~$500M to scale defense business

Joby Aviation acquires defense technology company Resonant Sciences for $500M to create a scaled defense platform. Resonant brings RF sensing, low-observability design expertise, and $100M+ in trailing revenue from U.S. government programs, while Joby contributes propulsion and autonomy technologies for defense applications.

Dayton, OhioAerospaceAutonomous Systems/DronesElectronic WarfareManufacturing/Production

Investors Joby Aviation, Inc.

Corporate M&A

Joby Aviation acquires Resonant Sciences for defense technology expansion

Joby Aviation announced a definitive agreement to acquire Resonant Sciences, a defense technology company specializing in low-observability systems, sensors, antennas, and radar cross-section measurement. The acquisition expands Joby's defense capabilities and establishes a major defense technology hub in Ohio with ~1 million sq ft of combined manufacturing and testing space.

Dayton, OhioAerospaceElectronic WarfareAdvanced MaterialsAI/ML

Investors Joby Aviation

$8.1BContract Award

SpaceX wins $8.1B in Space Force missile defense contracts

SpaceX awarded $8.1B in Space Force contracts including $2.29B for Space Data Network communications architecture and $4.16B for space-based AMTI constellation for persistent airborne tracking. Awards position SpaceX as central supplier for Pentagon's Golden Dome missile defense architecture.

Huntsville, AlabamaAerospaceSpace/SatellitesCommunicationsAutonomous Systems/Drones

Investors U.S. Space Force

$1.2BCorporate M&A

Hanwha Defense USA to Acquire Austal USA Shipbuilding Business for up to $1.2B

Hanwha Defense USA has received board approval from Austal to conduct due diligence on a non-binding offer to acquire Austal's U.S. shipbuilding operations for up to $1.2 billion. The acquisition would give Hanwha control of a major U.S. naval shipbuilder producing Navy and MSC vessels including the Navajo-class Towing, Salvage and Rescue Ships.

Mobile, AlabamaAerospaceManufacturing/Production

Investors Hanwha Defense USA

$60MGovernment Support

ePropelled Secures $60M Government Funding for Drone Propulsion Manufacturing Expansion

ePropelled received $60M in U.S. government funding through the Department of War's Industrial Base Analysis and Sustainment program to expand its New Hampshire drone propulsion manufacturing facility from 20,000 to 80,000 square feet, quadrupling production capacity for motors, electronic speed controllers, and integrated propulsion systems for uncrewed aircraft.

Laconia, New HampshireAutonomous Systems/DronesManufacturing/ProductionAdvanced Materials

Investors U.S. Department of War

Fund Raise

Scaleup Europe Fund co-leads ICEYE Series F, $5.7B EU growth fund operational

ICEYE, a Finnish satellite intelligence company valued above $11B, received backing from the newly operational Scaleup Europe Fund in its Series F round. The €5B ($5.7B) European Commission-backed fund is designed to support growth-stage deep tech startups in strategic sectors including space, AI, and semiconductors to maintain European tech sovereignty.

FinlandSpace/SatellitesAI/MLAdvanced MaterialsSemiconductors/Electronics

Investors European Commission, Allianz, APG, CriteriaCaixa, Mouro Capital, Fondazione Compagnia di San Paolo, Intesa Sanpaolo, Fondazione Cariplo, EIFO, Novo Holdings

$1.1BSeed

General Catalyst leads $1.1B funding round into River AI

River AI, an AI startup founded by xAI co-founder Igor Babuschkin, raised $1.1B to reinvent AI training and develop personally trainable assistants. The company offers an API for developers to fine-tune open models using reinforcement learning and LoRA techniques.

AI/MLSoftware/IT

Investors General Catalyst, AMP PBC, Nvidia, AMD Ventures, Y Combinator, Temasek

Corporate M&A

Joby Aviation acquires Resonant Sciences, defense tech company, undisclosed amount

Joby Aviation announced a definitive agreement to acquire Resonant Sciences, a defense technology company specializing in low-observability systems, sensors, and antennas. The acquisition expands Joby's defense capabilities and establishes a major defense manufacturing hub in Dayton with approximately one million square feet of combined facilities.

Dayton, OhioAerospaceElectronic WarfareManufacturing/Production

Investors Joby Aviation

Corporate M&A

Industrial Control Solutions Acquires Modern Instrument Company for Aerospace Services

Industrial Control Solutions, backed by LDR Partners, acquired Modern Instrument Company, a provider of aerospace temperature-validation and calibration services in Long Beach, California. The acquisition expands ICS's capability in the aerospace supply chain, adding specialized testing and certification services for heat-treatment equipment used in aerospace manufacturing.

Bristol, ConnecticutAerospaceManufacturing/Production

Investors LDR Partners

Corporate M&A

Joby Aviation acquires Resonant Sciences for defense technology expansion

Joby Aviation announced a definitive agreement to acquire Resonant Sciences, a defense technology company specializing in low-observability systems, sensors, antennas and radar cross-section measurement. The acquisition combines Joby's aircraft, propulsion and autonomy technologies with Resonant's classified infrastructure, qualified products and established defense customer relationships.

Dayton, OhioAerospaceElectronic WarfareAdvanced Materials

Investors Joby Aviation

Corporate M&A

Joby Aviation to Acquire Resonant Sciences for Defense Expansion

Joby Aviation announced a definitive agreement to acquire Resonant Sciences, a defense technology company specializing in low-observability systems, sensors, antennas, and radar cross-section measurement. The acquisition combines Joby's aircraft, propulsion, and autonomy expertise with Resonant's classified defense infrastructure, qualified products, and customer relationships.

Dayton, OhioAerospaceElectronic WarfareAdvanced Materials

Investors Joby Aviation

Monday, August 10, 2026

$11MContract Award

Epirus Wins $11M Marine Corps Contract for Directed Energy Counter-Drone System

Epirus received an $11M contract from the Marine Corps to deliver a second-generation high-power microwave directed energy system for counter-drone operations. The HPM system will integrate with the Marine Air Defense Integrated System (MADIS) platform for short-range air defense with production entry as the goal.

United StatesElectronic WarfareAutonomous Systems/Drones

Investors U.S. Marine Corps

$80MContract Award

Army Awards Siemens Government Technologies $80M UAS Component Facility Modernization Contract

Siemens Government Technologies won an $80M fixed-price contract to modernize Anniston Army Depot into an advanced manufacturing hub for electric motor stator assemblies used in unmanned aircraft systems. The project employs AI-enabled digital twins to design and validate production processes, strengthening government-controlled UAS component production capabilities.

Anniston, AlabamaAutonomous Systems/DronesManufacturing/ProductionAI/ML

Investors U.S. Army

$1.3BContract Award

GDIT Wins $1.3B ENOCS Contract for Army National Guard Network Modernization

General Dynamics Information Technology secured a $1.3 billion contract to provide enterprise IT and cybersecurity support to the U.S. Army National Guard under the ENOCS program. Work includes establishing operations centers, modernizing classified and unclassified cyber networks, and integrating AI and data analytics capabilities.

Arlington, VirginiaCybersecuritySoftware/ITAI/MLCommunications

Investors U.S. Army National Guard

$300MSeries C

Cambridge Aerospace raises $300M Series C for interceptor development

Cambridge Aerospace closed a $300M Series C funding round to expand manufacturing and develop counter-UAS interceptor systems including Skyhammer for UK Ministry of Defence contracts. The company serves allied nations across Europe and Australia with low-cost drone intercept technology.

United KingdomAerospaceAutonomous Systems/DronesMunitions/Weapons

Investors DFJ Growth, Lux, Accel, Lakestar, Never Lift, Ora Global, Elad Gil & Co

$19MContract Award

Lockheed Martin Wins $19M Contract for Australian Virginia-Class Submarine Combat Systems

Lockheed Martin secured a $19M two-year contract from the Australian Submarine Agency to develop Combat Systems Integration capability for Australia's future Virginia-class submarines under the AUKUS partnership. The work includes market analysis and supply chain development for submarine combat systems.

AustraliaAerospaceManufacturing/Production

Investors Australian Submarine Agency

$745MContract Award

Raytheon Secures $745M MDA SM-3 Block IIA Missile Contract

Raytheon received a $745.4 million contract from the Missile Defense Agency to manufacture and assemble Standard Missile-3 Block IIA all-up rounds for U.S. government and Japan's defense ministry. Work spans through February 2031 across two locations, supporting layered missile defense capabilities and foreign military sales.

Tucson, Arizona / Huntsville, AlabamaMunitions/WeaponsAerospace

Investors U.S. Missile Defense Agency

$1.4BGovernment Support

Sila secures $1.4B Pentagon loan for battery material production expansion

The U.S. Department of Defense awarded Sila a $1.4B loan to expand production of silicon-carbon battery anode material at its Moses Lake factory. The expansion will increase capacity fivefold to support defense and commercial EV applications, addressing critical supply chain concerns for battery materials outside China.

Moses Lake, WashingtonAdvanced MaterialsManufacturing/Production

Investors U.S. Department of Defense

Strategic Partner

Rocket Lab Inks Neutron Launch Deal with Kepler Communications

Rocket Lab announced a dedicated Neutron launch contract with Kepler Communications to deploy multiple satellites to low Earth orbit no earlier than 2028. This is Kepler's first dedicated commercial launch mission, providing greater control over launch schedule and orbital parameters for their optical connectivity and on-orbit compute constellation supporting commercial and government missions.

Long Beach, CaliforniaAerospaceSpace/Satellites

Strategic Partner

Rocket Lab Books Dedicated Neutron Launch Contract with Kepler Communications

Rocket Lab secured a dedicated Neutron medium-lift rocket launch contract with satellite operator Kepler Communications to deploy multiple satellites to low Earth orbit no earlier than 2028. The mission will expand Kepler's optical connectivity constellation supporting commercial and government missions, marking Kepler's first dedicated commercial launch vehicle booking.

Long Beach, CaliforniaSpace/SatellitesAerospace

Strategic Partner

Rocket Lab Inks Neutron Launch Deal with Kepler Communications

Rocket Lab secured a dedicated Neutron medium-lift launch contract with Kepler Communications to deploy multiple satellites to low Earth orbit for optical connectivity and on-orbit compute. The mission, scheduled no earlier than 2028, marks Kepler's first dedicated commercial launch and demonstrates Neutron's competitive positioning for constellation deployment.

Long Beach, CaliforniaAerospaceSpace/Satellites

Strategic Partner

Rocket Lab Books Dedicated Neutron Launch Mission with Kepler Communications

Rocket Lab has been selected by Kepler Communications to launch a dedicated Neutron mission to low Earth orbit no earlier than 2028, deploying multiple satellites for optical connectivity and hosted payload capacity. This is Kepler's first dedicated commercial launch contract, providing greater control over launch schedule and orbital parameters for constellation expansion supporting commercial and government missions.

Long Beach, CaliforniaSpace/SatellitesAerospace

Sunday, August 9, 2026

$15BOther

Honeywell Aerospace secures $15B in new business wins including record IndiGo deal

Honeywell Aerospace announced $15 billion in new business wins, including a record agreement with IndiGo for avionics and power systems on 810 Airbus A320neo aircraft. The wins also include runway safety technology deployments and inertial measurement systems for missile and unmanned platforms, reflecting strong commercial and defense momentum.

AerospaceSpace/Satellites

Saturday, August 8, 2026

$127MGovernment Support

University of Utah and U.S. Army Reserve complete $127M Army Reserve Center relocation

Utah state funded construction of a $127 million, 227,000-square-foot U.S. Army Reserve Center at Camp Williams to relocate Army Reserve operations from Fort Douglas. The new facility modernizes military infrastructure, enhances soldier readiness, and enables the University of Utah to assume stewardship of 1,500+ acres of historic federal land.

Salt Lake City, UtahManufacturing/ProductionOther

Investors State of Utah

prnewswire.com→

$2BGovernment Support

DoD Invests $2B+ in Batteries, Critical Minerals, Magnets Supply Chain

DoD's Office of Strategic Capital announced over $2 billion in loans and equity investments to strengthen defense industrial base supply chains for batteries, critical minerals, and magnets. Lead investment of $1.4 billion with Sila Nanotechnologies for silicon-carbon anode and lithium-ion battery manufacturing expansion.

Washington, CaliforniaAdvanced MaterialsManufacturing/ProductionSemiconductors/Electronics

Investors U.S. Department of Defense

Friday, August 7, 2026

Corporate M&A

Precise Systems Acquires Ternion for Modeling & Simulation Portfolio Expansion

Precise Systems, a Bluestone Investment Partners portfolio company, acquired Ternion, a developer of advanced modeling and simulation software including FLAMES composable simulation tool. The acquisition expands Precise Systems' interactive training and simulation capabilities for defense and aerospace missions, supporting C2 training, mission planning, and test & evaluation activities.

Huntsville, AlabamaSoftware/ITAerospaceAI/ML

Investors Precise Systems

$300MContract Award

Space Systems Command Issues $300M HADES Satellite Ground Systems RFP

Space Systems Command issued a $300M IDIQ contract for Hybrid Architecture and Development for Experimental Systems (HADES) to support satellite ground systems engineering, development, and sustainment at Kirtland Air Force Base. The seven-year contract supports RDT&E operations and prototype development for satellite operations centers.

Albuquerque, New MexicoSpace/SatellitesSoftware/IT

Investors U.S. Space Force

$150MGovernment Support

DoD Office of Strategic Capital $150M loan to Niron Magnetics for rare earth-free magnets

The Pentagon's Office of Strategic Capital issued a $150M conditional loan to Niron Magnetics to scale production of rare earth-free permanent magnets using Iron Nitride. This supports domestic supply chain resilience and reduces U.S. defense industry dependence on rare earth elements.

Sartell, MinnesotaAdvanced MaterialsManufacturing/Production

Investors U.S. Department of Defense

Corporate M&A

Precise Systems Acquires Ternion for Modeling & Simulation Portfolio Expansion

Precise Systems acquired Ternion, developer of FLAMES simulation software for composable live, virtual and constructive environments. The acquisition strengthens Precise Systems' defense and aerospace training and simulation portfolio, supporting DoD command & control training, mission planning, and test/evaluation activities.

Huntsville, AlabamaSoftware/ITAerospaceManufacturing/Production

Investors Precise Systems

Corporate M&A

Precise Systems Acquires Ternion for Modeling & Simulation Expansion

Precise Systems, a Bluestone Investment Partners portfolio company, acquired Ternion, a developer of advanced modeling and simulation software including FLAMES technology. The acquisition expands Precise Systems' capabilities in interactive training, C2 training, mission planning, and test/evaluation for defense and aerospace customers.

Huntsville, AlabamaSoftware/ITAutonomous Systems/Drones

Investors Precise Systems

Thursday, August 6, 2026

$1.4BOther

Hadrian Raises $1.4B in Series D for Defense Manufacturing Expansion

Advanced manufacturing company Hadrian secured $1.4 billion in Series D funding to expand weapons production capacity and related defense platforms. The investment follows a $260 million raise last year and supports growing DoD demand for munitions and weapons manufacturing.

Manufacturing/ProductionMunitions/Weapons

$400MContract Award

SAIC Secures $400M Recompete Contract for Intelligence Agency

SAIC won a $400 million recompete contract providing systems engineering, technical integration and mission support for ground-based intelligence community programs. The award demonstrates continued customer confidence in SAIC's integrated ground capabilities and expertise supporting intelligence missions in complex threat environments.

Reston, VirginiaSoftware/ITCommunicationsOther

Investors U.S. Intelligence Agency

$11MSeed

Endeavor Optical Networks Raises $10.8M Seed for Satellite Optical Communications

Endeavor Optical Networks raised $10.8M in seed funding to build a constellation of optical communications satellites in medium Earth orbit (MEO) as a resilient alternative to subsea cables for intercontinental data transmission. The company plans to demonstrate a bent-pipe laser link architecture and achieve operational status by 2029, addressing critical infrastructure vulnerabilities in global communications.

Southern CaliforniaSpace/SatellitesCommunications

Investors General Catalyst, Andreessen Horowitz

Contract Award

DHS Awards Department-Wide C-UAS Contract to Multiple Vendors

DHS announced multiple contract awards for counter-unmanned aircraft systems (C-UAS) capabilities across department components including Secret Service, Coast Guard, CBP, TSA, FEMA, and Federal Protective Service. Contracts cover detection, tracking, mitigation, training, maintenance, and R&D to standardize C-UAS acquisition and improve interoperability.

Autonomous Systems/DronesElectronic WarfareSoftware/IT

Investors U.S. Department of Homeland Security

$900MStrategic Partner

HII $900M robotic manufacturing agreements with GrayMatter Robotics and Path Robotics

HII signed $900 million in seven-year production agreements with GrayMatter Robotics and Path Robotics to deploy autonomous robotic manufacturing technology for Navy shipbuilding. The performance-based contracts aim to accelerate production, enhance capacity, and modernize the maritime industrial base through robotic welding and spraying capabilities.

United StatesManufacturing/ProductionAutonomous Systems/Drones

$28MContract Award

DARPA Awards IonQ $28M Contract for Evergreen-05 Atomic Clock Production

DARPA awarded IonQ a $28M contract extension to scale production of Evergreen-05 optical atomic clocks under the It's About Time program. IonQ will establish a pilot manufacturing facility and deliver 125 tactical-grade clocks to U.S. government customers, demonstrating quantum technology manufacturing at scale.

College Park, MarylandSpace/SatellitesAdvanced MaterialsManufacturing/Production

Investors U.S. Defense Advanced Research Projects Agency (DARPA)

Corporate M&A

Altair Industries Acquires Specialty Wire Maker Central Wire Industries

Altair Industries acquired Central Wire Industries, a specialty alloy wire and cable manufacturer serving aerospace, defense, and industrial markets. CWI operates 12 manufacturing sites across North America and Europe, producing mission-critical components for jet engines, naval systems, and defense applications.

Perth, Ontario, CanadaAerospaceManufacturing/ProductionAdvanced Materials

Investors Altair Industries

Contract Award

DHS Awards Department-Wide C-UAS Contract Awards

DHS announced multiple contract awards providing department-wide access to counter-unmanned aircraft systems (C-UAS) capabilities. The contracts cover detection, tracking, mitigation, command-and-control integration, and support services across fixed-site, mobile, aviation, maritime, and special mission environments.

Autonomous Systems/DronesElectronic Warfare

Investors U.S. Department of Homeland Security

$150MPublic Markets

BlackSky raises $150M in equity offering; NRO awards 8-figure AROS contract

BlackSky raised $150M through an at-the-market equity offering and secured multiple government contracts including an eight-figure NRO contract for AROS digital mapping system development and NGA renewal awards. The company's space-based intelligence and AI services revenue grew 50% sequentially, driven by Gen-3 satellite adoption.

Herndon, VASpace/SatellitesAI/MLSoftware/IT

Investors At-the-market equity program

Corporate M&A

Altair Industries Acquires Specialty Wire Maker Central Wire Industries

Altair Industries acquired Central Wire Industries, a manufacturer of specialty alloy wire and cable for aerospace, defense, and industrial applications. The deal supports Altair's strategy to back middle-market manufacturers positioned for reshoring and defense budget expansion.

Perth, OntarioAerospaceManufacturing/Production

Investors Altair Industries

Corporate M&A

Altair Industries Acquires Specialty Wire Maker Central Wire Industries

Altair Industries acquired Central Wire Industries, a manufacturer of specialty alloy wire and cable for aerospace, defense, and industrial applications. The acquisition supports CWI's growth in defense supply chain resilience and domestic sourcing as military budgets expand and companies pursue supply chain reshoring.

Perth, OntarioAerospaceManufacturing/ProductionAdvanced Materials

Investors Altair Industries

Corporate M&A

Red Cat Completes Quaze Technologies Acquisition for Wireless Power Transfer

Red Cat Holdings completed its acquisition of Quaze Technologies, adding wireless power transfer technology to enhance autonomous recharging capabilities for drones, robotic systems, and uncrewed maritime platforms. This strategic acquisition addresses persistent autonomy barriers and expands Red Cat's all-domain defense and national security platform.

Salt Lake City, UtahAutonomous Systems/DronesAdvanced Materials

Wednesday, August 5, 2026

$18MSeries B

Neuraspace raises €15.6M ($18M) for space domain awareness platform

Portuguese space traffic management startup Neuraspace raised €15.6M ($18M) comprising a €6M Series B round and €9.6M in EU-backed Portuguese government funding to expand its AI-powered space domain awareness platform for civil and defense users. The funding supports NeuraspaceDEF, which provides satellite tracking, collision alerts, and threat assessment capabilities.

Tampa, FloridaSpace/SatellitesAI/MLSoftware/IT

Investors Lince Capital, Explorer Investments, Armilar Venture Partners, Portugal's Recovery and Resilience Plan

Corporate M&A

Veritas Capital to Acquire Steampunk, Merge with MetroStar

Veritas Capital's Vantage Fund will acquire Steampunk and merge it with portfolio company MetroStar Systems to create a combined government contracting entity. The merger pairs MetroStar's AI and digital transformation capabilities with Steampunk's Design Intelligence approach for defense and national security customers.

AI/MLSoftware/IT

Investors Veritas Capital

Contract Award

NRO Awards SAR Data Contracts to Capella, Iceye, and Umbra

The National Reconnaissance Office awarded contracts to Capella Space, Iceye U.S., and Umbra under the Commercial Radar Capabilities program to provide synthetic aperture radar imagery and derived products for intelligence, surveillance, and reconnaissance missions. This expands the U.S. government's use of commercial space-based radar capabilities for national security.

Space/SatellitesCommunications

Investors National Reconnaissance Office

$75MContract Award

Air Force Awards Boeing $75M Long-Range JDAM Production Contract

Boeing received a $75 million production contract to manufacture long-range JDAM variants (GBU-75 JDAM-LR) with 300+ nautical mile standoff range. The new munition uses a turbojet engine to enable safer standoff strikes, addressing air defense threats and helping rebuild munitions stocks depleted during recent operations.

St. Louis, MissouriMunitions/WeaponsAerospace

Investors U.S. Air Force

$40MSeries A

Aurelius Systems raises $40M Series A for counter-drone laser system

Aurelius Systems raised $40M Series A to develop and expand production of Archimedes, an autonomous laser system for detecting and neutralizing small drone threats. The system was demonstrated at a DoD experimentation event, supporting U.S. defense against emerging UAS threats.

Electronic WarfareAutonomous Systems/Drones

Investors Draper Associates, KAS Venture Partners

$1.5BContract Award

DHS Awards $1.5B Counter-Drone IDIQ to 12 Companies

DHS awarded an indefinite-delivery/indefinite-quantity contract with a $1.5B ceiling to 12 companies for counter-UAS capabilities. The contract spans two tracks: Track 1 ($1.01B) for hardware and software, and Track 2 ($489M) for managed services and system integration. Work runs through July 2031.

Autonomous Systems/DronesManufacturing/ProductionSoftware/IT

Investors Department of Homeland Security

$37MSeries B

WindBorne Systems Series B: $37M for Atmospheric Sensing & AI Weather Models

WindBorne Systems raised $37M Series B to expand its autonomous sensing balloon constellation and AI-powered weather forecasting platform. The company's atmospheric data improves NOAA's forecasting systems and supports government and commercial decision-making for weather-related risks.

Redwood City, CaliforniaAI/MLSpace/Satellites

Investors Khosla Ventures, Galvanize, TransLink Capital, Lux Capital

Corporate M&A

Veritas Capital to Acquire Steampunk, Merge With MetroStar Systems

Veritas Capital's Vantage Fund will acquire Steampunk and merge it with portfolio company MetroStar Systems to create a government contracting entity combining AI, digital transformation, and design intelligence capabilities for defense and national security customers.

AI/MLSoftware/ITCybersecurity

Investors Veritas Capital

$25BPublic Markets

SpaceX Q2 IPO and $25B Bond Sale, $7.8B Revenue

SpaceX completed its record-breaking June IPO and raised $25B in bonds, reporting Q2 revenue of $7.8B (up 92% YoY). The company's three verticals include space launch ($962M), Starlink connectivity ($4.3B), and AI infrastructure ($2.6B), with significant government contracts including $6B+ for Starshield secure satellite network.

Hawthorne, CaliforniaSpace/SatellitesCommunicationsAI/ML

$4MSeed

Shelfmark Raises $3.5M Seed for Physical AI Manufacturing Platform

Shelfmark raised $3.5M seed funding to expand its Physical AI platform for continuous-flow manufacturing with real-time defect detection and self-optimizing production capabilities. While primarily commercial manufacturing-focused, the technology has potential dual-use applications in defense industrial base manufacturing for precision components and munitions production.

Pittsburgh, PennsylvaniaAI/MLManufacturing/Production

Investors Armory Square Ventures, Grand Ventures, Hyde Park Angels, Argon Ventures, Cultivation Capital

Contract Award

NRO Awards SAR Data Contracts to Capella, Iceye, and Umbra

The National Reconnaissance Office awarded contracts to Capella Space, Iceye U.S., and Umbra under the Commercial Radar Capabilities program to expand U.S. government access to commercial synthetic aperture radar (SAR) imagery. The contracts establish a pathway for intelligence users to order SAR collections and develop new capabilities for national security missions.

Space/SatellitesAI/ML

Investors National Reconnaissance Office

$275BGovernment Support

U.S. Navy Trump-class Battleship Program: $275B for 15 nuclear-powered ships

Congressional Budget Office estimates the Trump-class battleship program will cost $275 billion total for 15 nuclear-powered vessels, with the lead ship costing $23.4 billion. The Navy is requesting $1 billion in advance procurement and $837 million in R&D for FY2027, with $17 billion planned for first ship procurement in FY2028.

United StatesAerospaceManufacturing/ProductionMunitions/Weapons

Investors U.S. Navy

Contract Award

NRO Awards Radar Data Contracts to Capella, Iceye, Umbra

The National Reconnaissance Office awarded contracts to Capella Space, Iceye U.S., and Umbra under its Commercial Radar Capabilities program to expand U.S. government access to commercial synthetic aperture radar (SAR) data. The contracts establish pathways for SAR collections, imagery archiving, and development of new capabilities to enhance intelligence, surveillance, and reconnaissance operations.

Space/SatellitesAI/ML

Investors National Reconnaissance Office

Tuesday, August 4, 2026

$845MCorporate M&A

AE Industrial Partners completes $845M acquisition of Rocketdyne from L3Harris

AE Industrial Partners completed its acquisition of L3Harris Technologies' space propulsion, power and electronics units, establishing Rocketdyne as an independent company. The transaction separates space operations from missile businesses, enabling Rocketdyne to focus on launch-vehicle engines, spacecraft propulsion, space electronics and nuclear power systems for defense and civil space programs.

Melbourne, FloridaAerospaceSpace/SatellitesManufacturing/Production

Investors AE Industrial Partners

Private Equity

McNally Capital Makes Majority Investment in TENICA Global Solutions

McNally Capital acquired a majority stake in TENICA Global Solutions, a national security IT services provider serving the Department of Defense, intelligence community, and federal government. The investment will fund growth initiatives, workforce expansion, and capabilities development in cyber defense, digital modernization, and cloud services.

Chantilly, VirginiaCybersecuritySoftware/ITAI/ML

Investors McNally Capital

$95MContract Award

Space Force Awards KBR $95M Digital Engineering Contract at Kirtland AFB

KBR received a five-year, $95 million cost-plus-fixed-fee contract from the Space Force for digital engineering and enterprise decision support at Kirtland Air Force Base. The contract supports critical space domain awareness and decision-making capabilities for U.S. Space Operations Command.

Kirtland Air Force Base, New MexicoSoftware/ITAerospace

Investors U.S. Space Force

$607MContract Award

Northrop Grumman Awarded $607M MDA Simulation Task Order

Northrop Grumman received a task order from the Missile Defense Agency for simulation and threat-modeling tools to support ballistic missile defense operations. The two-year base period is worth $68.8 million with five optional one-year extensions totaling $606.5 million, focused on predicting attack scenarios and developing capabilities against emerging threats.

Software/ITAdvanced Materials

Investors U.S. Missile Defense Agency

$25MCorporate M&A

Z Squared to Acquire Paradox Data for Up to $25M in AI Infrastructure Deal

Z Squared is acquiring Paradox Data to expand its AI infrastructure and data center development platform. The deal includes $5M in upfront stock consideration plus up to $20M in milestone-based payments tied to achieving 50, 100, and 150 megawatts of AI computing capacity at the Union County Campus facility in Arkansas.

El Dorado, ArkansasAI/MLManufacturing/Production

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership for U.S. Vertiport Network

Atoms and Joby Aviation announced a strategic partnership to develop vertiport infrastructure in the U.S., initially focusing on Florida, New York, Texas, and California. The partnership supports Joby's electric air taxi operations under the White House-backed eVTOL Integration Pilot Program, with vertiports serving as multimodal transportation hubs for aircraft, autonomous vehicles, and charging.

Los Angeles, CA / Santa Cruz, CAAerospaceAutonomous Systems/Drones

Investors Atoms

$1BContract Award

Fortem Technologies Awarded DHS Counter-Drone IDIQ Contract Worth $1.011B

Fortem Technologies selected as prime contractor on DHS 5-year Counter-Unmanned Aircraft Systems IDIQ contract with $1.011B ceiling. As the only small business among seven Track 1 awardees, Fortem will supply DroneHunter autonomous interceptors, TrueView radars, and SkyDome C2 software to all DHS components including CBP, Secret Service, and Coast Guard.

Lindon, UtahAutonomous Systems/DronesAI/MLSoftware/IT

Investors U.S. Department of Homeland Security

fortemtech.com→

$615MContract Award

Space Force awards $615M to Rocket Lab, STR for satellite target tracking

The U.S. Space Force awarded $615M in contracts to develop space-based airborne moving target indicator (SB-AMTI) satellites. Rocket Lab received $397M to develop, launch, and operate Flatellites for persistent threat tracking from orbit, expanding the program's supplier base beyond SpaceX's $4.16B initial constellation.

Long Beach, California; Arlington, VirginiaSpace/SatellitesAutonomous Systems/DronesAI/ML

Investors U.S. Space Force

$1.6BContract Award

Telesat lands $1.63B Canadian defense contract for Arctic satellite communications

Telesat secured a $1.63B contract (potentially $1.92B with options) to provide secure Ka-band satellite communications to the Canadian military across the Arctic region. The deal funds expansion of Telesat's Lightspeed LEO constellation from 156 to 225 satellites, supporting Arctic sovereignty and NATO commitments.

CanadaSpace/SatellitesCommunicationsAerospace

Investors Canada's Defence Investment Agency

Private Equity

McNally Capital Makes Majority Investment in TENICA Global Solutions

McNally Capital made a majority investment in TENICA Global Solutions, a national security IT support provider serving the Department of War, intelligence community and federal government. The investment will enable TENICA to expand its capabilities in cyber defense, digital modernization, cloud IT and mission-critical services for U.S. national security priorities.

Chantilly, VirginiaCybersecuritySoftware/ITAI/ML

Investors McNally Capital

Venture Capital

Monava Raises Funding for AI Drone Detection Technology Expansion

Swedish-Finnish defense company Monava secured new venture funding led by Gungnir Capital to expand production and commercialization of passive acoustic AI-driven drone detection systems. The technology addresses counter-UAS needs by detecting and classifying drones through sound analysis without emitting detectable signals, with systems already deployed in Nordic region and Ukraine.

Sweden, FinlandAutonomous Systems/DronesAI/MLCybersecurity

Investors Gungnir Capital, Foundry Ventures, Hede Capital

$15MContract Award

Department of War Awards Kaizen $15M Contract for C-UAS Marketplace Platform

Kaizen awarded $15M contract to build and operate a digital marketplace for counter-unmanned aircraft systems (C-UAS) procurement. Platform serves military, law enforcement, and allied partners with validated counter-drone technologies, featuring AI-based capability planning to accelerate acquisition of counter-threat systems.

Autonomous Systems/DronesSoftware/IT

Investors U.S. Department of War

$251MContract Award

CGI Federal Books $251M GSA Financial Management Modernization Contract

CGI Federal secured a $251M contract from GSA to continue operating and modernizing the Pegasys financial management system and Multi-Tenant Shared Application environment. The contract includes hosting, maintenance, and managed services on AWS with AI and automation capabilities to improve financial operations efficiency across 37 federal agencies.

Arlington, VirginiaSoftware/ITAI/ML

Investors General Services Administration

Corporate M&A

Dominus Capital Acquires Pelco Solutions for Traffic Safety Hardware

Dominus Capital completed an acquisition of Pelco Solutions, a manufacturer of traffic signal hardware, pedestrian safety products, and intelligent traffic management equipment serving municipalities and DOTs across all 50 states. The deal reflects growing demand for roadway infrastructure and safety solutions driven by federal funding and national pedestrian safety initiatives.

Edmond, OklahomaManufacturing/ProductionOther

Investors Dominus Capital

$16MContract Award

U.S. Navy Awards Saildrone $16.3M Task Order for Counter-Narcotics USV Operations

The U.S. Navy awarded Saildrone a $16.3 million task order to continue operating Voyager unmanned surface vehicles for counter-drug and counter-illicit trafficking missions through 2027. The contract extension follows a successful operation where a Saildrone USV detected and tracked a drug-smuggling vessel, leading to an $81 million cocaine seizure.

Caribbean, Eastern PacificAutonomous Systems/Drones

Investors U.S. Navy

Strategic Partner

Atoms and Joby Aviation Partner to Build Vertiport Network

Atoms and Joby Aviation formed a strategic partnership to acquire and develop vertiport infrastructure hubs across the U.S., initially in Florida, New York, Texas, and California. The multimodal transportation hubs will support Joby's electric air taxi operations under the White House-backed eVTOL Integration Pilot Program.

Los Angeles, California; Santa Cruz, CaliforniaAerospaceAutonomous Systems/Drones

Investors Atoms

$366MCorporate M&A

Colombia orders 2 KC-390 Millennium airlifters from Embraer for $366M

Colombia's Aerospace Force (FAC) finalized a purchase of two KC-390 Millennium military transport and aerial refueling aircraft from Brazilian planemaker Embraer. The deal, valued at approximately $366 million with deliveries expected in 2029 and 2030, supports Colombia's modernization strategy and integrates with recently ordered Gripen fighter jets.

ColombiaAerospace

Investors Embraer

Corporate M&A

Dominus Capital Acquires Pelco Solutions, Traffic Safety Hardware Manufacturer

Dominus Capital completed acquisition of Pelco Solutions, a manufacturer of traffic signal hardware, pedestrian safety equipment, and related infrastructure products. Pelco serves state DOTs, municipalities, and utilities across all 50 states with poles, mast arms, signals, and radar-based warning systems.

Edmond, OklahomaManufacturing/ProductionOther

Investors Dominus Capital

$1.9BPrivate Equity

Capitol Meridian Partners Closes $1.9B Second Defense Fund

Capitol Meridian Partners closed its second defense-focused PE fund at $1.9B, exceeding its $1.2B target. The firm plans 10 investments ranging from $50M-$400M to support next-generation defense technology companies. Appointment of operating partner Maisha Glover signals firm's expansion in advising portfolio companies on operational scaling.

Washington, D.C.AerospaceCybersecuritySoftware/IT

Investors Capitol Meridian Partners

Venture Capital

Monava Raises Funding for AI-Powered Drone Detection Technology

Swedish-Finnish defense tech company Monava secured new funding to expand production of passive acoustic AI-driven drone detection systems. The technology detects and classifies drones by analyzing sound without emitting detectable signals, addressing critical counter-UAS needs validated in operational deployment.

Sweden, FinlandAutonomous Systems/DronesAI/MLCybersecurity

Investors Gungnir Capital, Foundry Ventures, Hede Capital

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership for Vertiport Network

Atoms and Joby Aviation formed a strategic partnership to acquire and develop vertiport infrastructure hubs in the U.S., initially focusing on Florida, New York, Texas, and California. The multimodal transportation hubs will support Joby's electric air taxi operations under the White House-backed eVTOL Integration Pilot Program.

Los Angeles, CAAerospaceAutonomous Systems/Drones

Investors Atoms

Venture Capital

Monava Raises Funding for AI-Powered Drone Detection Technology

Swedish-Finnish defense tech company Monava secured new funding to expand its AI-driven acoustic drone detection systems. The passive detection technology is already deployed in Nordic region and Ukraine, addressing critical counter-UAS needs for defense customers.

Sweden, FinlandAutonomous Systems/DronesAI/MLCybersecurity

Investors Gungnir Capital, Foundry Ventures, Hede Capital

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership for U.S. Vertiport Network

Atoms and Joby Aviation formed a strategic partnership to acquire and develop vertiport infrastructure across the U.S., initially focusing on Florida, New York, Texas, and California under the White House-backed eVTOL Integration Pilot Program. Vertiports will serve as multimodal transportation hubs connecting electric air taxis, autonomous vehicles, and ground services with on-site charging capabilities.

Los Angeles, CaliforniaAerospaceAutonomous Systems/Drones

Investors Atoms

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership for U.S. Vertiport Network

Atoms and Joby Aviation formed a strategic partnership to acquire and develop vertiport infrastructure hubs across the U.S., initially focusing on Florida, New York, Texas, and California. These multimodal transportation hubs will support Joby's electric air taxi operations under the White House-backed eVTOL Integration Pilot Program.

Los Angeles, CA; Santa Cruz, CAAerospaceAutonomous Systems/Drones

Investors Atoms

Contract Award

U.S. Coast Guard Awards PDW Contracts for C100 sUAS Systems and Training

PDW received multiple contracts from the U.S. Coast Guard for C100 small unmanned aircraft systems, payloads, and operator training. The company completed successful shipboard validation testing aboard the Coast Guard Cutter Olivia Hooker, demonstrating reliable performance in maritime environments for search and rescue, infrastructure inspection, and operational awareness missions.

Pascagoula, MississippiAutonomous Systems/DronesManufacturing/Production

Investors U.S. Coast Guard

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership to Build Vertiport Network

Atoms and Joby Aviation formed a strategic partnership to acquire and develop vertiport infrastructure across the U.S., focusing on Florida, New York, Texas, and California. The multimodal transportation hubs will support Joby's electric air taxi operations under the White House-backed eVTOL Integration Pilot Program.

Los Angeles, CaliforniaAerospaceAutonomous Systems/Drones

Investors Atoms

Contract Award

U.S. Coast Guard Awards PDW Contracts for C100 sUAS Systems and Training

PDW received two contracts from the U.S. Coast Guard for C100 small unmanned aircraft systems (sUAS), payloads, and operator training. The company successfully validated shipboard operations aboard Coast Guard Cutter Olivia Hooker, demonstrating reliable performance in maritime environments for search and rescue, inspection, and operational awareness missions.

Pascagoula, MississippiAutonomous Systems/DronesAerospace

Investors U.S. Coast Guard

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership to Build Vertiport Network

Atoms and Joby Aviation announced a strategic partnership to acquire and develop vertiport infrastructure across the U.S., initially focusing on Florida, New York, Texas, and California. The vertiports will serve as multimodal transportation hubs supporting Joby's eVTOL air taxi operations under the White House-backed eVTOL Integration Pilot Program.

Los Angeles, California; Santa Cruz, CaliforniaAerospaceAutonomous Systems/Drones

Investors Atoms

Contract Award

U.S. Coast Guard Awards PDW Contracts for C100 sUAS Systems and Training

PDW received multiple contracts from the U.S. Coast Guard for C100 small unmanned aircraft systems (sUAS), payloads, and operator training. The contract supports maritime operations evaluation and operational assessment of the C100 platform for potential Coast Guard deployment across search and rescue, infrastructure inspection, and operational awareness missions.

Pascagoula, MississippiAutonomous Systems/Drones

Investors U.S. Coast Guard

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership for U.S. Vertiport Network

Atoms and Joby Aviation announced a strategic partnership to acquire and develop vertiport infrastructure across the U.S., initially targeting Florida, New York, Texas, and California. The vertiports will serve as multimodal transportation hubs connecting Joby's electric air taxis with autonomous vehicles and charging infrastructure as part of the White House-backed eVTOL Integration Pilot Program.

Los Angeles, California; Santa Cruz, CaliforniaAerospaceAutonomous Systems/Drones

Investors Atoms

Contract Award

U.S. Coast Guard Awards PDW Contracts for C100 sUAS Systems and Training

The U.S. Coast Guard awarded PDW multiple contracts for C100 small unmanned aircraft systems, payloads, and operator training following successful shipboard validation testing aboard Coast Guard Cutter Olivia Hooker. The evaluation demonstrated the C100's reliable performance in maritime environments with electromagnetic compatibility and successful launch/recovery procedures.

Pascagoula, MississippiAutonomous Systems/Drones

Investors U.S. Coast Guard

$397MContract Award

Rocket Lab Awarded $397M Contract for Space-Based Moving Target Indicator Program

Rocket Lab awarded $397M contract by U.S. Space Force to develop, launch, and operate advanced Flatellites for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program. Contract includes spacecraft design, launch on Neutron rocket, and mission operations to provide persistent, real-time battlespace awareness for military target tracking.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership for Vertiport Network

Atoms and Joby Aviation announced a strategic partnership to acquire and develop vertiport infrastructure across the U.S., initially focusing on Florida, New York, Texas, and California. The vertiports will serve as multimodal transportation hubs connecting electric air taxis, autonomous vehicles, and ridesharing services as part of the White House-backed eVTOL Integration Pilot Program.

Los Angeles, CA / Santa Cruz, CAAerospaceAutonomous Systems/Drones

Investors Atoms

$397MContract Award

Rocket Lab Awarded $397M Contract for Space Force SB-AMTI Flatellites

Rocket Lab awarded $397M contract to develop, launch, and operate advanced Flatellites for the U.S. Space Force's Space-Based Airborne Moving Target Indicator program. Contract includes building next-generation flat satellites with space-based sensors and launching them on Rocket Lab's Neutron rocket to provide persistent real-time battlespace awareness.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership for U.S. Vertiport Network

Atoms and Joby Aviation partnered to acquire and develop vertiport infrastructure hubs across the U.S., initially focusing on Florida, New York, Texas, and California. The vertiports will serve as multimodal transportation hubs supporting electric air taxis, autonomous vehicles, and ridesharing as part of the White House-backed eVTOL Integration Pilot Program.

Los Angeles, CA / Santa Cruz, CAAerospaceAutonomous Systems/Drones

Investors Atoms

$1BContract Award

Fortem Technologies Selected as DHS Counter-Drone Prime Contractor, $1B+ IDIQ

Fortem Technologies awarded as prime contractor on DHS 5-year Counter-UAS IDIQ contract with $1.011B ceiling. The only small business selected for Track 1, Fortem's DroneHunter autonomous interceptors, TrueView radars, and SkyDome software will be available to all DHS components for counter-drone operations.

Lindon, UtahAutonomous Systems/DronesSoftware/ITCybersecurity

Investors Department of Homeland Security

fortemtech.com→

$397MContract Award

Rocket Lab Awarded $397M Contract for Flatellites for U.S. Space Force SB-AMTI Program

Rocket Lab received a $397M contract from the U.S. Space Force to develop, launch, and operate advanced Flatellites for the Space-Based Airborne Moving Target Indicator program. The contract includes building next-generation flat satellites with space-based sensors and launching them on Rocket Lab's Neutron rocket to provide real-time airborne threat detection and tracking for military operations.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

Strategic Partner

Atoms and Joby Aviation Form Strategic Partnership for Vertiport Network

Atoms and Joby Aviation announced a strategic partnership to acquire and develop vertiport sites across the U.S., initially focusing on Florida, New York, Texas, and California. Vertiports will serve as multimodal transportation hubs supporting Joby's electric air taxi operations under the White House-backed eVTOL Integration Pilot Program.

Los Angeles, CA / Santa Cruz, CAAerospaceAutonomous Systems/Drones

Investors Atoms

$1BContract Award

Fortem Technologies Selected as Prime Contractor on DHS Counter-Drone IDIQ Worth $1B+

Fortem Technologies selected as prime contractor on DHS 5-year Counter-UAS IDIQ contract with $1.011B ceiling. As the only small business among seven Track 1 awardees, Fortem can provide DroneHunter autonomous interceptors, TrueView radars, and SkyDome software to all DHS components for counter-drone operations.

Lindon, UtahAutonomous Systems/DronesAI/MLCybersecurity

Investors U.S. Department of Homeland Security

fortemtech.com→

$397MContract Award

Rocket Lab Awarded $397M Contract for Space-Based Airborne Moving Target Indicator Program

Rocket Lab awarded $397M contract by U.S. Space Force to develop, launch, and operate advanced Flatellite satellites for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program. The contract includes spacecraft design, Neutron rocket launches, and mission operations to provide persistent real-time battlespace awareness for detecting and tracking airborne threats.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

Monday, August 3, 2026

Corporate M&A

Tyler Technologies Acquires CODY Systems for Public Safety Software

Tyler Technologies completed its acquisition of CODY Systems, a public safety software provider specializing in records management and data integration tools for law enforcement agencies. The deal expands Tyler's footprint in the public safety technology market and adds Pathfinder RMS and COBRAnet platforms to its product portfolio.

Pennsylvania, USASoftware/IT

Investors Tyler Technologies

$109MContract Award

Peraton Lands $109.1M Space Force SWAFS Maintenance Contract

Peraton received a $109.1M sole-source contract from the U.S. Space Force to provide maintenance, sustainment, and development support for the Space Weather Analysis and Forecast System (SWAFS) through 2033. SWAFS is a cloud-based platform that provides real-time assessments of space weather events impacting satellites, power grids, and military communications.

Colorado Springs, ColoradoSpace/SatellitesSoftware/ITCybersecurity

Investors U.S. Space Force

$6.7BContract Award

HII Logs $6.7B in Q2 2026 Contract Awards, $57.3B Backlog

HII received $6.7 billion in new contract awards during Q2 2026, including $76.6 billion in contract modifications for Virginia-class Block VI and Columbia-class submarine programs. The awards support critical Navy shipbuilding demands and expand the industrial base for unmanned systems and amphibious vessels.

Newport News, VirginiaAerospaceManufacturing/ProductionAutonomous Systems/Drones

Investors U.S. Navy

$125MSeries C

Zenity Raises $125M Series C for AI Agent Security Platform

Zenity raised $125M Series C to expand its AI agent security and governance platform designed to protect enterprise systems from autonomous AI agent risks. The funding supports product development, global expansion, and serves Fortune 500 customers in regulated industries including financial services, healthcare, and defense-adjacent sectors.

New York, NYAI/MLCybersecuritySoftware/IT

Investors Norwest, Qumra Capital, SoftBank Vision Fund 2, Hitachi Ventures, LG Technology Ventures, Vertex Ventures, Third Point Ventures, DTCP, Intel Capital

Seed

Orbital Sentry Raises Pre-Seed Funding for Geosynchronous Infrared Imaging

Orbital Sentry closed a pre-seed round to develop persistent infrared imaging systems from geosynchronous orbit for defense and commercial applications. The dual-use platform supports missile-launch detection, battlespace awareness, and wildfire detection with real-time continuous observation capabilities.

Space/SatellitesAI/MLAutonomous Systems/Drones

Investors Ridgeline, Superorganism, Hustle Fund

$312MSeries B

OLIX Raises $312M Series B for AI Inference Hardware Platform

OLIX raised $312M Series B to develop specialized AI inference hardware and rack-scale systems. The funding supports manufacturing scale-up and production of its DX-1 decode accelerator chips designed for efficient frontier AI model inference, with applications for defense AI infrastructure.

London, United KingdomAI/MLSemiconductors/ElectronicsAdvanced Materials

Investors Fundomo, Arm, Hudson River Trading, Hummingbird Ventures, Crane, Plural, Creandum, Phoenix Court, Transition

Public Markets

Space-Eyes and McKinley Acquisition Corp. business combination for SPAC IPO

Space-Eyes, Inc. and McKinley Acquisition Corp. entered into a definitive business combination agreement to create a publicly-traded company on Nasdaq under ticker CUAS. The combined entity will focus on AI-enabled counter-UAS (C-UAS) systems for detecting, tracking and mitigating unauthorized drones at critical infrastructure and military installations.

Autonomous Systems/DronesAI/MLCybersecurity

$250MOther

Horizon3 raises $250M Series E at $2B valuation for AI-powered security

Cybersecurity firm Horizon3 raised $250M Series E to expand its AI-powered penetration testing platform NodeZero, which autonomously identifies network vulnerabilities without disrupting operations. The funding supports international expansion and R&D as enterprises accelerate security testing in response to escalating AI-driven threats.

San Francisco, CaliforniaCybersecurityAI/ML

Investors NightDragon, NEA, EDBI, SAIC, Qualcomm

Seed

Orbital Sentry Raises Pre-Seed Funding for Geosynchronous Infrared Imaging Systems

Orbital Sentry closed a pre-seed round led by Ridgeline to develop persistent infrared imaging systems for geosynchronous orbit. The technology enables real-time detection of missile launches and provides battlespace awareness capabilities critical for national security.

Washington, D.C.Space/SatellitesAI/ML

Investors Ridgeline

Corporate M&A

Tyler Technologies Acquires CODY Systems for Public Safety Software

Tyler Technologies completed its acquisition of CODY Systems, a public safety software provider specializing in records management and data integration. The deal expands Tyler's presence in the law enforcement and public safety technology market through CODY's Pathfinder RMS and COBRAnet platforms.

Pennsylvania, United StatesSoftware/IT

Investors Tyler Technologies

$148MContract Award

Navy Awards HII, MANTECH $147.9M Carrier Readiness Support Contract

The U.S. Navy awarded a $147.9M multiple-award contract to HII Mission Technologies, MANTECH Advanced Systems International, Orbis Sibro, and QED Systems for aircraft carrier readiness support including hazardous waste handling and engineering assistance for Commander Naval Air Forces over a five-year base period.

AerospaceManufacturing/Production

Investors U.S. Navy

$1.8BContract Award

Northrop Grumman Lands $1.84B USAF Contract for LITENING Targeting Pod Sustainment

Northrop Grumman received a $1.84B indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to provide sustainment, production and modifications for LITENING targeting pods through 2035. The contract supports continued operations of the laser infrared targeting system used across USAF aircraft for precision strikes and surveillance missions.

Rolling Meadows, IllinoisAerospaceElectronic Warfare

Investors U.S. Air Force

Seed

Orbital Sentry Raises Pre-Seed Funding for Infrared Imaging Systems

Orbital Sentry closed a pre-seed round to develop infrared imaging systems for geosynchronous orbit with applications in missile detection and battlespace awareness. The persistent imaging technology supports government and commercial partnerships in space-based persistent surveillance.

Washington, D.C.Space/SatellitesAI/ML

Investors Ridgeline

Seed

Orbital Sentry Raises Pre-Seed Funding for Infrared Imaging Systems

Orbital Sentry closed a pre-seed round led by Ridgeline to develop persistent infrared imaging systems for geosynchronous orbit. The technology enables real-time detection of missile launches, provides battlespace awareness, and supports wildfire detection for defense and commercial applications.

Washington, D.C.Space/SatellitesAI/ML

Investors Ridgeline

Friday, July 31, 2026

$300MContract Award

DHA Awards 12 Firms $300M Contract for PEO DHMS Deployment Support

The Defense Health Agency awarded 12 companies a combined $300 million IDIQ contract to support deployment activities for the Program Executive Office, Defense Healthcare Management Systems. The contract covers services and materials for on-demand deployment of healthcare IT products including MHS GENESIS electronic health records across federal health enterprise.

Software/IT

Investors Defense Health Agency

Corporate Venture

NordSpace Ventures Invests in North Vector Dynamics for Canadian Missile Technology

NordSpace Ventures, the strategic investment arm of Canadian launch startup NordSpace, invested in North Vector Dynamics (NVD), a Canadian defense tech company building full-spectrum sovereign missile capability. NVD will leverage NordSpace's Hadfield-150 engine line and collaborate on hypersonics R&D to strengthen Canadian defense capabilities.

CanadaMunitions/WeaponsAerospaceAdvanced Materials

Investors NordSpace Ventures

$2.3BGovernment Support

Spain commits $1.8-$2.3B for national military satellite communications for IRIS²

Spain allocated 1.6-2 billion euros to develop a national military satellite communications constellation integrated with the EU's IRIS² multi-orbit constellation. The funding covers space segment, ground control, and system operations to enhance European space sovereignty and secure governmental communications.

SpainSpace/SatellitesCommunications

Investors Spanish Government

$820MGovernment Support

DoD Commits $820M Loan to Performance Drone Works for Drone Component Manufacturing

The Pentagon's Office of Strategic Capital committed up to $820 million in conditional loans to Performance Drone Works to expand domestic manufacturing of critical drone components including propulsion, power, control, and vision systems. The initiative aims to mitigate supply chain vulnerabilities and increase production capacity for high-volume drone component manufacturing.

Huntsville, AlabamaAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of Defense

$70MContract Award

SAIC Wins $70M Navy Task Order for Radar & RF/Microwave Systems Support

Science Applications International Corp. secured a $70M cost-plus-fixed-fee task order from Naval Surface Warfare Center Crane to provide full lifecycle development and sustainment of radar, RF, and microwave systems for Navy platforms. The five-year contract covers design, engineering, and configuration management for multiple radar systems including SPS-48E/49, SPQ-9B, SPY-1/6 AEGIS, and G/ATOR platforms.

Indianapolis, IndianaAerospaceElectronic WarfareSemiconductors/Electronics

Investors U.S. Navy

Corporate Venture

NordSpace Ventures invests in North Vector Dynamics for sovereign missile capability

NordSpace Ventures, the strategic investment arm of Canadian launch startup NordSpace, invested in North Vector Dynamics (NVD), a defense tech company building full-spectrum sovereign missile capability. NVD will leverage NordSpace's Hadfield-150 engine line and collaborate on hypersonics R&D to strengthen Canadian defense industrial base capabilities.

CanadaMunitions/WeaponsAerospaceAdvanced Materials

Investors NordSpace Ventures

$638MPublic Markets

Space-Eyes goes public via $638M SPAC merger with McKinley Acquisition Corp

Defense technology company Space-Eyes is merging with SPAC McKinley Acquisition Corp in a $638M deal to go public. The Miami-based company develops AI-powered counter-drone and geospatial intelligence technologies for government and corporate clients, with plans to scale via third-party manufacturers and expand into international government contracts.

Miami, FloridaAutonomous Systems/DronesAI/MLSpace/Satellites

Investors McKinley Acquisition Corp

finance.yahoo.com→

$13MContract Award

U.S. Air Force expands Blue Origin REGAL contract to $13M for rocket cargo studies

Air Force Research Laboratory awarded Blue Origin an additional $11.7M modification to an existing contract, bringing total value to ~$13M. Work focuses on defining technical and mission requirements for point-to-point military cargo transport using commercial rockets under the REGAL program.

Huntsville, AlabamaAerospaceSpace/Satellites

Investors U.S. Air Force

$23MContract Award

Space Force awards K2 Space $22.9M for orbital laser communications demonstration

K2 Space received a $22.9M contract to procure, integrate, launch and operate two Enterprise Space Terminals for laser communications demonstration between satellites in orbit. The two-year demonstration will test optical communications capabilities critical for the Pentagon's space-based sensor networks and military targeting systems.

Torrance, CaliforniaSpace/SatellitesCommunications

Investors U.S. Space Force

$2BGovernment Support

Spain commits $1.8-2.3B for national military satellite communications constellation

Spain allocated €1.6-2 billion to develop a national military satellite communications constellation for integration into EU's IRIS² multi-orbit constellation. Funding covers space segment, ground control, and lifecycle operations to enhance European space sovereignty and secure governmental communications.

SpainSpace/SatellitesCommunicationsAerospace

Investors Spanish Ministry of Defense

$820MGovernment Support

Department of War OSC awards $820M to PDW for drone manufacturing expansion

The Department of War's Office of Strategic Capital (OSC) committed $820 million to PDW to expand domestic drone manufacturing capability and production of critical defense components. The funding supports PDW's Drone Factory 01 facility and aims to strengthen the nation's drone industrial base and supply chain resilience.

Huntsville, AlabamaAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of War

$820MGovernment Support

$820M loan commitment from U.S. Department of War to PDW for drone manufacturing

PDW received a conditional $820M loan commitment from the Department of War's Office of Strategic Capital to expand domestic manufacturing capacity for drone, robotics, and autonomous systems components. The financing aims to reduce reliance on foreign-controlled supply chains and strengthen the U.S. drone industrial base.

Huntsville, AlabamaAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of War

$820MGovernment Support

PDW Receives $820M Loan Commitment from U.S. Department of War for Drone Manufacturing

Performance Drone Works received a conditional $820M loan commitment from the Department of War's Office of Strategic Capital to expand domestic manufacturing capacity for drone, robotics, and autonomous systems components. The financing aims to reduce reliance on foreign supply chains and strengthen U.S. industrial base for critical unmanned systems technologies.

Huntsville, AlabamaAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of War

$820MGovernment Support

PDW receives $820M loan commitment from U.S. Department of War for drone manufacturing

Performance Drone Works received a conditional $820M loan commitment from the Department of War's Office of Strategic Capital to expand domestic manufacturing of drone and robotics components, reducing reliance on foreign-controlled supply chains. The financing will support production of critical technologies including propulsion, power control, and vision systems for unmanned systems.

Huntsville, AlabamaAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of War

$820MGovernment Support

PDW Receives $820M Loan Commitment from U.S. Department of War for Drone Manufacturing

Performance Drone Works received a conditional $820M loan commitment from the Department of War's Office of Strategic Capital to expand domestic manufacturing of drone and robotics components, reducing reliance on foreign supply chains. The funding will support production of critical technologies including propulsion, power, control, and vision systems for next-generation unmanned systems.

Huntsville, AlabamaAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of War

$820MGovernment Support

PDW receives $820M conditional loan commitment from U.S. Department of War for drone manufacturing

The Department of War's Office of Strategic Capital committed up to $820 million to Performance Drone Works to expand domestic manufacturing capacity for drone and robotics components, reducing reliance on foreign supply chains. The financing supports production of critical technologies including propulsion, power control, and vision systems for unmanned systems.

Huntsville, AlabamaAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of War

$820MGovernment Support

PDW Receives $820M Loan Commitment from U.S. Department of War for Drone Manufacturing

Performance Drone Works received a conditional $820 million loan commitment from the U.S. Department of War to expand domestic drone manufacturing capacity. The funding supports PDW's Drone Factory 01 facility and production of the C100 and Attritable Multirotor systems for U.S. military customers.

Huntsville, AlabamaAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of War

Thursday, July 30, 2026

Public Markets

Rafael Plans IPO by End of 2026, Seeks Privatization of Israeli Defense Giant

Rafael Advanced Defense Systems, an Israeli government-controlled defense contractor, is pursuing privatization through an IPO by end of 2026 to gain flexibility in M&A and operational decisions. The move aims to accelerate growth and competitive positioning in international defense markets.

IsraelAerospaceMunitions/WeaponsElectronic Warfare

$75MContract Award

USCIS Awards EGIS III Integration Contract Worth $50M-$100M

USCIS plans to award a follow-on contract for Enterprise Gateway and Integration Services (EGIS III), valued between $50M-$100M, to expand system capabilities into national security vetting, screening, and benefit-integrity work. The contract will include AI-enabled anomaly detection and fraud detection for immigration benefit applicants.

Camp Springs, MarylandSoftware/ITCybersecurity

Investors U.S. Department of Homeland Security

$113MSeries B

Onyx Security raises $113M Series B for AI control platform

Onyx Security closed a $113M Series B to advance its secure AI control platform that monitors and corrects AI agent actions. The company's technology is relevant to national security as enterprise and government adoption of autonomous AI agents requires robust safeguards against malicious or unintended behaviors.

AI/MLCybersecuritySoftware/IT

Investors Bessemer Venture Partners, Cyberstarts, TCV, Conviction, FirstMark, Vintage, QuantumLight, G Squared

$2MContract Award

$2.49M U.S. Air Force Contract Award to Red Cat for Black Widow Systems

Red Cat Holdings' Teal Drones subsidiary received a $2.49M firm-fixed-price contract from the U.S. Air Force Security Forces Center for Black Widow small unmanned aircraft systems, training, and support. The award funds a technical and operational assessment of Black Widow as a potential successor to the Air Force's current Teal 2 fleet.

Salt Lake City, UtahAutonomous Systems/DronesAerospace

Investors U.S. Air Force

$981MContract Award

Space Force awards $981M NITE-STAR training range contract to 15 companies

The U.S. Space Force selected 15 companies for a $981 million indefinite-delivery contract to develop satellites, sensors, and systems for the National Space Test and Training Complex. The six-year NITE-STAR program will support realistic military space training with live satellites, ground systems, and simulations to prepare operators for threats including jamming and cyberattacks.

AerospaceSpace/SatellitesSoftware/ITCommunicationsElectronic Warfare

Investors U.S. Space Force

$500MOther

K2 Space raises $500M Series D for satellite manufacturing expansion

K2 Space raised $500M in Series D funding to scale production toward 100 large satellites annually, supporting both commercial and U.S. defense programs including missile defense and protected satellite communications for the Space Force.

Torrance, CaliforniaAerospaceSpace/Satellites

Investors Kleiner Perkins, ICONIQ, CapitalG, Lightspeed, Altimeter, Spark Capital, Sands Capital, ARK Invest, T. Rowe Price Associates

$58.6BContract Award

U.S. Army awards Lockheed Martin $58.6B Patriot missile production contract

Lockheed Martin secured a $58.6B contract for Patriot PAC-3 MSE interceptor production through 2032, converting a previous $4.7B one-year deal into a seven-year agreement. The contract supports tripling production capacity and increasing manufacturing capacity at Camden, Arkansas facility by 50%, with $8-9B in facility modernization investments across 20+ U.S. locations.

Bethesda, MarylandMunitions/WeaponsManufacturing/Production

Investors U.S. Army

$7MGovernment Support

DARPA Lift Challenge competition offers $6.5M in prizes for heavy-lift drone technology

DARPA's inaugural Lift Challenge competition offers $6.5 million in total prize money to competitors developing drones capable of lifting payloads four times their own weight. The competition attracts over 100 competitors and aligns with DoD's Drone Dominance initiative to accelerate drone technology development and reduce costs for heavy vertical-lift aviation applications.

Dayton, OhioAutonomous Systems/DronesAdvanced Materials

Investors Defense Advanced Research Projects Agency (DARPA)

$500MContract Award

CACI Awarded $500M JIATF-401 Counter-UAS Contract

CACI International received a $500M contract from the Army-led Joint Interagency Task Force 401 to supply counter-unmanned aircraft system (C-UAS) capabilities, including the CORIAN v3 and BEAM systems for drone detection and defeat operations.

Arlington, VirginiaAutonomous Systems/DronesElectronic Warfare

Investors U.S. Army

$53.9BContract Award

U.S. Army Awards Lockheed Martin $53.9B PAC-3 MSE Contract Modification

The U.S. Army awarded Lockheed Martin a $53.9 billion contract modification for PAC-3 MSE interceptor production over seven years. Combined with a $4.8 billion award from April, the multi-year deal totals $58.7 billion and aims to triple PAC-3 MSE production capacity.

Grand Prairie, TexasMunitions/WeaponsManufacturing/Production

Investors U.S. Army

$25BContract Award

HII Awarded $25B Navy Submarine Contract for Virginia and Columbia-Class

HII's Newport News Shipbuilding secured a $25 billion multi-year Navy contract to deliver six Virginia-class submarines and construct six module sections for each Columbia-class submarine. This award strengthens the U.S. submarine industrial base and secures critical undersea warfare capability.

Newport News, VirginiaAerospaceManufacturing/Production

Investors U.S. Navy

Corporate M&A

Branford Castle acquires Avisoft Bioacoustics, sixth add-on to Lafayette Instrument

Branford Castle Partners acquired Avisoft Bioacoustics, a German manufacturer of ultrasonic microphones and recording software used by researchers to study animal communication and behavior. This is the sixth add-on acquisition for Lafayette Instrument, Branford's life sciences instrumentation platform, as part of a buy-and-build strategy in scientific research equipment.

Glienicke, GermanyManufacturing/ProductionOther

Investors Branford Castle Partners

$6.3BGovernment Support

UK Government Invests £5 Billion in Sovereign Drone Ecosystem

The UK government will invest over £5 billion in drones and autonomous systems across all armed forces branches, funding manufacturing, testing infrastructure, AI capabilities, and establishing the Uncrewed Systems Centre in Swindon. The investment reflects allied focus on sovereign supply chains and domestic production of critical defense technologies.

United KingdomAutonomous Systems/DronesAI/MLManufacturing/Production

Investors UK Government

$100MContract Award

Department of War awards Hidden Level $100M C-UAS radar contract

Hidden Level received a $100M OTA contract to deliver passive radar and RF detection technology for counter-unmanned aircraft systems (C-UAS) capabilities. The technology will detect, track, and identify crewed and uncrewed aircraft across military installations and the U.S. border, addressing operational needs for rapid prototyping and fielding advanced sensing systems.

Syracuse, NYAutonomous Systems/DronesSoftware/IT

Investors U.S. Department of War

$91MContract Award

Stratolaunch Awarded $90.8M Contract for Hypersonic Test Vehicles

Stratolaunch received a $90.8M contract award under MACH-TB 2.0 Task 3 for development of air-launched hypersonic capability test vehicles. The company provides hypersonic flight testing and data generation capabilities supporting U.S. and allied defense priorities.

Mojave, CaliforniaAerospaceMunitions/Weapons

Investors U.S. Missile Defense Agency

Corporate M&A

Branford Castle acquires Avisoft Bioacoustics, sixth Lafayette Instrument add-on

Branford Castle-backed Lafayette Instrument acquired Avisoft Bioacoustics, a German maker of ultrasonic microphones and recording software for animal behavior research. This is the sixth add-on acquisition for the life sciences instrumentation platform since 2021, expanding Lafayette's portfolio of research tools sold to academic and pharmaceutical customers.

Glienicke, GermanyManufacturing/ProductionOther

Investors Branford Castle Partners

$2MContract Award

$2.49M U.S. Air Force Contract Award to Red Cat for Black Widow Systems

Red Cat Holdings' Teal Drones subsidiary received a $2.49M firm-fixed-price contract from the U.S. Air Force Security Forces Center for Black Widow small unmanned aircraft systems, training, and support. The award supports technical and operational assessment of Black Widow as a potential successor to the Air Force's current Teal 2 fleet.

Salt Lake City, UtahAutonomous Systems/Drones

Investors U.S. Air Force

$91MContract Award

Stratolaunch Awarded $90.8M Contract for Hypersonic Test Vehicles

Stratolaunch received a $90.8M contract award under MACH-TB 2.0 Task 3 for air-launched hypersonic capability test vehicles. The contract supports U.S. hypersonic flight testing and validates next-generation defense systems critical to national security.

Mojave, CaliforniaAerospaceMunitions/Weapons

Investors U.S. Missile Defense Agency

$2MContract Award

Red Cat receives $2.49M U.S. Air Force order for Black Widow drone systems

Red Cat Holdings' Teal Drones subsidiary received a $2.49M firm-fixed-price contract from the U.S. Air Force Security Forces Center for Black Widow small unmanned aircraft systems, training, and support. The award supports technical and operational assessment of Black Widow as a potential successor to the Air Force Security Forces' current Teal 2 fleet.

Salt Lake City, UtahAutonomous Systems/Drones

Investors U.S. Air Force

$91MContract Award

Stratolaunch Awarded $90.8M DoD Contract for Hypersonic Test Vehicles

Stratolaunch received a $90.8M contract award under MACH-TB 2.0 Task 3 for air-launched capability test vehicles supporting hypersonic flight testing. The contract supports U.S. hypersonic technology development and operational flight test capabilities for the Missile Defense Agency.

Mojave, CaliforniaAerospaceMunitions/Weapons

Investors U.S. Missile Defense Agency

$2MContract Award

Red Cat Receives $2.49M U.S. Air Force Order for Black Widow Systems

Red Cat Holdings' Teal Drones subsidiary received a $2.49M firm-fixed-price contract from the U.S. Air Force Security Forces Center for Black Widow small unmanned aircraft systems, training, and support. The award supports technical and operational assessment of Black Widow as a potential successor to the Air Force's current Teal 2 fleet.

Salt Lake City, UtahAutonomous Systems/DronesAerospace

Investors U.S. Air Force

$91MContract Award

Stratolaunch Awarded $90.8M Contract for Hypersonic Test Vehicles

Mojave, CaliforniaAerospaceMunitions/Weapons

Investors U.S. Missile Defense Agency

$2MContract Award

Red Cat Receives $2.49M U.S. Air Force Order for Black Widow Systems

Red Cat Holdings' Teal Drones subsidiary received a $2.49M firm-fixed-price contract from the U.S. Air Force Security Forces Center for Black Widow small unmanned aircraft systems, training, and support. The award funds technical and operational assessment of Black Widow as a potential successor to the Air Force's current Teal 2 fleet.

Salt Lake City, UtahAutonomous Systems/DronesAerospace

Investors U.S. Air Force

$91MContract Award

Stratolaunch Awarded $90.8M MACH-TB 2.0 Task 3 Contract for Hypersonic Test Vehicles

Stratolaunch received a $90.8M contract award under MACH-TB 2.0 Task 3 to develop air-launched capability test vehicles for hypersonic flight testing. The award supports the U.S. military's efforts to accelerate hypersonic technology development and maintain national security advantages.

Mojave, CaliforniaAerospace

Investors U.S. Missile Defense Agency

$2MContract Award

Red Cat receives $2.49M U.S. Air Force order for Black Widow drone systems

Red Cat Holdings' Teal Drones subsidiary received a $2.49M firm-fixed-price contract from the U.S. Air Force Security Forces Center for Black Widow small unmanned aircraft systems, training, batteries, and support. The award funds a technical and operational assessment of Black Widow as a potential successor to the Air Force Security Forces' current Teal 2 fleet.

Salt Lake City, UtahAutonomous Systems/Drones

Investors U.S. Air Force

$91MContract Award

Stratolaunch Awarded $90.8M Contract for Hypersonic Test Vehicles

Mojave, CaliforniaAerospaceMunitions/Weapons

Investors U.S. Missile Defense Agency

$2MContract Award

U.S. Air Force Orders $2.49M Black Widow UAS Systems from Red Cat

Red Cat's Teal Drones subsidiary received a $2.49M firm-fixed-price contract from the U.S. Air Force Security Forces Center for Black Widow small unmanned aircraft systems, training, and support. The award supports technical and operational assessment of Black Widow as a potential successor to the Air Force's current Teal 2 fleet.

Salt Lake City, UtahAutonomous Systems/Drones

Investors U.S. Air Force

$91MContract Award

Stratolaunch Awarded $90.8M Contract for Hypersonic Test Vehicles

Stratolaunch received a $90.8M contract award under MACH-TB 2.0 Task 3 for air-launched hypersonic capability test vehicles. The company provides reusable hypersonic flight test capabilities and targets to support U.S. and allied defense needs in next-generation aerospace technology development.

Mojave, CaliforniaAerospaceMunitions/Weapons

Investors U.S. Missile Defense Agency

$2MContract Award

Red Cat receives $2.49M U.S. Air Force order for Black Widow drone systems

Red Cat Holdings' Teal Drones subsidiary received a $2.49M firm-fixed-price contract from the U.S. Air Force Security Forces Center for Black Widow small unmanned aircraft systems, training, and support. The award supports technical and operational assessment of Black Widow as a potential successor to the Air Force's current Teal 2 fleet.

Salt Lake City, UtahAutonomous Systems/Drones

Investors U.S. Air Force

$91MContract Award

Stratolaunch Awarded $90.8M Contract for Hypersonic Test Vehicles

Stratolaunch received a $90.8M contract award under MACH-TB 2.0 Task 3 for development of air-launched hypersonic capability test vehicles. The award supports ongoing hypersonic flight testing and validates next-generation hypersonic technologies critical to U.S. national security.

Mojave, CaliforniaAerospaceMunitions/Weapons

Investors U.S. Missile Defense Agency

Wednesday, July 29, 2026

$213MContract Award

Navy Awards Boeing $213M Contract Modification for P-8A Aircraft Reconfiguration

Boeing secured a $213M contract modification from the U.S. Navy to provide engineering support and non-recurring engineering work for reconfiguration of four P-8A Poseidon maritime aircraft for a foreign military sales customer. Work includes tailoring aircraft to customer operational requirements with completion expected by December 2031.

Seattle, Washington; Huntington Beach, CaliforniaAerospaceManufacturing/Production

Investors U.S. Navy

$100MGovernment Support

DIU Opens $100M Prize Challenge for Armed Unmanned Surface Vessels with Drones

DIU launched the SWAP-USV prize challenge offering up to $100M for companies developing production-ready unmanned surface vessels equipped with armed drones capable of strike and battle damage assessment. Winners selected for follow-on prototyping/production deals from a separate $200M budget.

Autonomous Systems/DronesManufacturing/Production

Investors Defense Innovation Unit

$75MContract Award

DHS S&T Plans $50M-$100M Scientific & Technical Support Services Contract

DHS Science & Technology Directorate is planning a competition for a scientific and technical support services contract valued between $50-$100M to support RD&T efforts and operational initiatives. The contract will be competed through GSA's OASIS+ vehicle with solicitation expected Oct. 1, 2026 and award in Q2 FY2027.

Washington, District of ColumbiaSoftware/ITOther

Investors Department of Homeland Security

Corporate M&A

IonQ Acquires SkyWater Technology in Quantum-Semiconductor Foundry Merger

IonQ completes acquisition of SkyWater Technology, a Defense Microelectronics Activity-accredited semiconductor foundry serving federal defense customers. The deal creates a vertically integrated quantum computing platform with domestic manufacturing capabilities and supports development of next-generation quantum computers.

Minnesota, Florida, TexasSemiconductors/ElectronicsAI/ML

Investors IonQ

$300MGovernment Support

GlobalFoundries CHIPS R&D Award for Silicon Photonics: $300M

GlobalFoundries signed a letter of intent for a $300M CHIPS R&D award to develop advanced silicon photonics technology for AI and high-performance computing infrastructure. The funding supports next-generation optical materials, wafer technologies, and semiconductor packaging to address data center connectivity bottlenecks.

Malta, New York; Burlington, VermontSemiconductors/ElectronicsAI/MLManufacturing/Production

Investors U.S. Department of Commerce

$1BGovernment Support

L3Harris delays Missile Solutions IPO to 2027; Pentagon's $1B investment remains

The Pentagon's $1 billion investment in L3Harris Missile Solutions remains in place as convertible preferred securities despite the company delaying its IPO to mid-2027. The investment supports expansion of U.S. missile propulsion production capacity to meet critical Pentagon priorities for rebuilding domestic missile manufacturing.

United StatesMunitions/WeaponsAerospaceManufacturing/Production

Investors U.S. Department of Defense

$1.6BContract Award

SpaceX wins $1.6B Space Force launch orders for military satellite networks

The U.S. Space Force awarded SpaceX two launch task orders worth $1.6 billion for 18 Falcon 9 launches to deploy military satellite constellations through end of 2027. This supports the Space Based Sensing and Targeting portfolio for advanced threat detection and military communications.

Vandenberg Space Force Base, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$250MContract Award

Space Force awards All Points $250M satellite processing facility contract at Vandenberg

All Points Logistics received a $250M Space Force contract to expand satellite processing capacity at Vandenberg Space Force Base by 2029. The facility will include high/low-bay processing areas, encapsulation bays, hazardous processing capability, and secure mission areas to support increased U.S. military and commercial satellite launch demands.

Vandenberg, CaliforniaSpace/SatellitesManufacturing/Production

Investors U.S. Space Force

$1.6BContract Award

$1.6B NSSL Phase 3 Lane 1 task orders awarded to SpaceX for 18 launches

SpaceX awarded $1.6B in two task orders under NSSL Phase 3, Lane 1 for 18 Falcon 9 launches from Vandenberg SFB by end of 2027. Launches support space-based sensing and targeting of airborne objects and Joint Force communications.

Vandenberg Space Force Base, CaliforniaSpace/SatellitesAerospace

Investors U.S. Space Force

$76.6BContract Award

Navy Awards $76.6B Contract to General Dynamics for 14 Submarines

General Dynamics Electric Boat awarded $76.6 billion fixed-price contract to design and build nine Virginia-class Block VI attack submarines and five Columbia-class ballistic missile submarines. Major procurement for U.S. Navy's submarine force modernization and strategic deterrent capabilities.

Groton, ConnecticutAerospaceManufacturing/Production

Investors U.S. Navy

$450MCorporate M&A

Leonardo DRS Acquires Data Fusion Company Raft for $450 Million

Leonardo DRS acquires Raft LLC for $450M to strengthen capabilities in open architecture software for data fusion and artificial intelligence. Raft's platform enables autonomous multi-domain data fusion from disparate sensors for real-time battlefield situational awareness and decision-making.

AI/MLSoftware/ITAutonomous Systems/Drones

Investors Leonardo DRS

$1.6BContract Award

SpaceX Books $1.6B Space Force Task Orders for 18 Falcon 9 Launches

U.S. Space Force awarded SpaceX two task orders worth $1.6B for 18 Falcon 9 launches under the National Security Space Launch Phase 3 contract. Missions will carry payloads for the Space Based Sensing and Targeting portfolio, with all launches from Vandenberg SFB expected complete by end of 2027.

Vandenberg Space Force Base, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$100MContract Award

VivSoft Receives $100M Air Force OTA for Aerospace Readiness Enterprise System

VivSoft Technologies awarded $100M firm-fixed-price other transaction agreement to modernize Air Force systems for aircrew scheduling, training management, and readiness tracking through July 2030. The ARES initiative supports Air Force modernization and operational readiness capabilities.

Herndon, VirginiaSoftware/ITAerospace

Investors U.S. Air Force

$100MContract Award

DHS S&T Scientific & Technical Support Services Contract up to $100M

DHS Science and Technology Directorate is planning a competition for a scientific and technical support services contract valued between $50-100M to support R&D, testing, and evaluation activities. The contract will be competed through GSA's OASIS+ vehicle with solicitation expected October 1, 2026 and award in Q2 FY2027.

Washington, District of ColumbiaSoftware/ITOther

Investors Department of Homeland Security

$115MContract Award

Everforth ECS Secures $115M Army DEVCOM Contract for AI Research

Everforth ECS secured a three-year, $115M contract with U.S. Army DEVCOM to develop, test, and integrate AI technologies for the Nautilus AI research program. The work focuses on trusted AI capabilities for operational deployment in bandwidth and compute-constrained environments.

AI/MLSoftware/IT

Investors U.S. Army Combat Capabilities Development Command

Tuesday, July 28, 2026

$470MSeries C

Antares Raises $470M Series C for Mark-0 Microreactor Commercialization

Antares closed a $470M Series C ($370M equity, $100M debt) to advance its Mark-0 microreactor toward commercialization for military and space customers. The reactor achieved criticality at Idaho National Laboratory and is scheduled for delivery to the U.S. Air Force by 2028 to power military installations independently of the commercial grid.

AerospaceOther

Investors Paradigm, Caffeinated Capital, Point72 Ventures, Shine Capital, Industrious Ventures

$300MContract Award

Bell Textron Awarded $300M Navy Contract for H-1 SPINE Helicopter Upgrades

Bell Textron received a potential $300M contract to install structural and electrical upgrades on 49 Marine Corps H-1 helicopters (28 AH-1Z Vipers and 21 UH-1Y Venoms) under the SPINE program. Work begins mid-2027 at Bell's Amarillo Assembly Center, with first deliveries in 2028, increasing aircraft electrical power and enabling new capabilities into the 2040s.

Amarillo, TexasAerospaceManufacturing/Production

Investors U.S. Navy

Corporate M&A

Carlyle Acquires Encryption Hardware Maker Secturion Systems

Carlyle has acquired Secturion Systems, a Utah-based manufacturer of NSA-certified hardware encryption products for classified information protection. This is the first investment by Carlyle's new middle-market aerospace, defense and government platform, strengthening its defense industrial base holdings.

UtahCybersecuritySoftware/IT

Investors Carlyle

$26MSeed

ZuriQ Raises $25.5M Seed for Quantum Computing Processors

ZuriQ raised $25.5M in seed funding to scale trapped-ion quantum processors with a 2D architecture. The company, spun out of ETH Zürich, is developing quantum computing systems for scientific and industrial applications with potential dual-use defense relevance for cryptography and advanced computations.

Zurich, SwitzerlandSemiconductors/ElectronicsAI/ML

Investors Quantonation, Forward.one, Extantia, Firgun Ventures

$717MContract Award

Leidos Awarded $717M Air Force ISR Support Contract

Leidos received a $717 million task order from Air Force Air Combat Command to continue providing intelligence, surveillance, and reconnaissance support. The contract includes a one-year base period and four one-year options, building on the company's ISR support relationship with ACC since 2019.

Reston, VirginiaSoftware/ITCommunications

Investors U.S. Air Force

$1.1BCorporate M&A

TransDigm Acquires Prince & Izant from IGP for $1.1B

TransDigm Group acquired Prince & Izant, a manufacturer of brazing alloys and specialty metal components for aerospace and defense applications, from Industrial Growth Partners for approximately $1.1 billion. The company produces mission-critical precious and non-precious metal alloys used in aircraft engines and rocket systems.

Cleveland, OhioAerospaceAdvanced MaterialsManufacturing/Production

Investors TransDigm Group

Corporate M&A

Tinicum Acquires Aerospace Chemicals Distributor GracoRoberts

Tinicum acquired GracoRoberts, a distributor of specialty chemicals, adhesives, sealants, and composites for aerospace and defense manufacturers. The company serves major aircraft and defense contractors with DOD CMMC Level II certification and supplies critical materials for aircraft production and maintenance.

Arlington, TexasAerospaceAdvanced Materials

Investors Tinicum

$200MPrivate Equity

Spur Intelligence raises $200M Series funding from Insight Partners

Spur Intelligence, a bot-detection cybersecurity startup founded by former DoD engineers, raised $200M to expand its platform that identifies malicious bot traffic and anonymization infrastructure threats. The funding supports enterprise security teams facing unprecedented volumes of sophisticated bot attacks.

Lake Mary, FloridaCybersecurityAI/ML

Investors Insight Partners

Corporate M&A

Tinicum Acquires Aerospace Chemicals Distributor GracoRoberts

Tinicum has acquired GracoRoberts, a specialty chemicals and composites distributor serving aircraft and defense manufacturers, from CM Equity Partners after 11 years of ownership. GracoRoberts supplies adhesives, sealants, coatings, and composites to defense and aerospace OEMs and operates a defense logistics compliance program supporting military supply chains.

Arlington, TexasAerospaceAdvanced Materials

Investors Tinicum

Monday, July 27, 2026

$533MGovernment Support

UK MoD selects Tekever AR5 drones, £400M ($533M) over decade

UK MoD commits up to £400 million ($533 million) over the next decade to procure Tekever AR5 surveillance drones to replace the Watchkeeper aircraft. Initial order of 6 units with fleet expansion to 24 by 2029, manufactured at new Swindon facility. AR5 offers improved endurance, sensor capability and has proven operational use by Ukrainian forces.

Swindon, EnglandAutonomous Systems/DronesAerospace

Investors UK Ministry of Defence

$18MVenture Capital

Nuclear Turbines raises £15M from IQ Capital for modular nuclear power systems

Nuclear Turbines, a BAE Systems spinout, raised £15M to develop compact modular nuclear power systems combining advanced reactors with gas turbines for electricity generation. The technology targets data centers, industrial users, and grid applications, addressing critical infrastructure and energy security needs.

North West of England, UKAerospaceAdvanced MaterialsOther

Investors IQ Capital, Rhapsody Venture Partners, Zero Carbon, Empirical Ventures, BAE Systems

$287MContract Award

Sphinx Defense wins $287M contract for ESS satellite communications software

The U.S. Space Force awarded Sphinx Defense a $287 million contract to develop ground software for the Evolved Strategic Satellite Communications (ESS) program, which will replace the current AEHF strategic communications system. The mission planning application will manage communications across the future satellite constellation supporting nuclear command, control and communications.

Space/SatellitesSoftware/ITCommunications

Investors U.S. Space Force

$371MContract Award

MTSI Receives $371M Air Force Contract for Space Rapid Capabilities Office

Modern Technology Solutions Inc. awarded $371M time-and-materials contract to provide systems engineering and technical assistance to the Space Rapid Capabilities Office at Kirtland AFB. Work spans full acquisition lifecycle support through August 2031, with $24M obligated in FY2026.

Albuquerque, New MexicoSpace/SatellitesSoftware/IT

Investors U.S. Air Force

Private Equity

Bluestone Investment Partners Invests in Delphinus Engineering for Naval Maintenance Platform

Bluestone Investment Partners, a defense-focused PE firm, invested in Delphinus Engineering to build a naval maintenance and modernization platform. Capital will fund workforce expansion, technical capabilities, and acquisitions. Delphinus holds Navy contracts valued up to $1.9B for submarine repair and maintenance work.

Virginia, United StatesAerospaceManufacturing/Production

Investors Bluestone Investment Partners

$1.5BCorporate M&A

$1.5B XTEND-JFB Merger Creates XTEND AI Robotics Defense Company

Israeli defense robotics company XTEND and JFB Construction Holdings merged in an all-stock deal to create XTEND AI Robotics, a publicly traded company on Nasdaq. The combined entity focuses on AI-powered autonomous systems for defense, security, and public safety, with expanded U.S. manufacturing capacity and access to DoD and allied procurement.

Tampa, FloridaAutonomous Systems/DronesAI/MLManufacturing/Production

$470MSeries C

Antares Nuclear raises $470M Series C for military small modular reactors

Antares Nuclear raised $470M (Series C) to build small modular reactors for U.S. military bases. The company is one of three finalists in the Pentagon's Advanced Nuclear Power for Installations program, with deployments at military installations planned for 2028.

United StatesOther

Investors Paradigm, Caffeinated Capital, Industrious Ventures, Point72 Ventures, Shine Capital

$266MContract Award

Rocket Lab Awarded $266M U.S. Space Force Missile Defense Contract

Rocket Lab secured a $266 million multi-launch contract from U.S. Space Force Space Systems Command for 12 suborbital launches with options for six additional launches. The contract will utilize Rocket Lab's new Pacific Spaceport Complex-Alaska facility in Kodiak and supports critical U.S. missile defense capabilities.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab awarded a $266M multi-launch contract by U.S. Space Force Space Systems Command for 12 suborbital launches with up to 6 additional launches under the Rocket Systems Launch Program. Launches will support missile defense capabilities from Rocket Lab's new facility at Pacific Spaceport Complex-Alaska in Kodiak.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab awarded a $266M multi-launch contract by U.S. Space Force Space Systems Command for 12 suborbital launches (with option for 6 additional) supporting missile defense capabilities. Launches will operate from new facility at Pacific Spaceport Complex-Alaska in Kodiak, with first launch expected end of 2026.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab awarded a $266M multi-launch contract by U.S. Space Force Space Systems Command for 12 suborbital launches with up to 6 additional launches for missile defense missions. Launches will operate from Rocket Lab's new facility at Pacific Spaceport Complex-Alaska in Kodiak, supporting critical national security capabilities.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab awarded a $266M multi-launch contract by U.S. Space Force Space Systems Command for 12 suborbital launches with up to 6 additional launches for missile defense capabilities. Launches will operate from Kodiak, Alaska and support critical national security missions.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab awarded a $266M multi-launch contract by U.S. Space Force Space Systems Command for 12 suborbital launches (up to 18 total) for missile defense capabilities. Launches will primarily operate from new facility at Pacific Spaceport Complex-Alaska in Kodiak, supporting critical national security missions.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab secured a $266M multi-launch contract from the U.S. Space Force Space Systems Command for 12 suborbital launches with up to 6 additional launches for missile defense capabilities. Launches will primarily operate from the new Pacific Spaceport Complex-Alaska facility in Kodiak, supporting critical national security missions.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab awarded a $266 million multi-launch contract by U.S. Space Force Space Systems Command for 12 suborbital launches with option for 6 additional launches to support missile defense capabilities. Launches will operate from Pacific Spaceport Complex-Alaska in Kodiak, solidifying Rocket Lab's position as critical enabler for national security missions.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab awarded a $266 million multi-launch contract from the U.S. Space Force Space Systems Command to execute 12 suborbital launches with up to six additional launches for missile defense capabilities. Launches will primarily take place from Rocket Lab's new facility at Pacific Spaceport Complex-Alaska in Kodiak.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab secured a $266M multi-launch contract from U.S. Space Force Space Systems Command for 12 suborbital launches (with option for 6 more) under the Rocket Systems Launch Program. Launches will support missile defense capabilities and operate primarily from Kodiak, Alaska, demonstrating Space Force confidence in Rocket Lab's responsive launch capabilities for national security missions.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$266MContract Award

Rocket Lab Awarded $266M Missile Defense Contract with U.S. Space Force

Rocket Lab was awarded a $266M multi-launch contract by the U.S. Space Force Space Systems Command for 12 suborbital launches with up to 6 additional launches for missile defense. Launches will occur from the Pacific Spaceport Complex-Alaska in Kodiak, supporting critical national security and missile defense capabilities.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

Saturday, July 25, 2026

Corporate Venture

RSE Ventures and Ondas invest in FPF Defense C-UAS interceptor startup

RSE Ventures and Ondas Inc invested in FPF Defense, developer of SmartFlak counter-UAS system with Hammerhead kinetic interceptor designed to destroy Shahed-class drones. FPF is relocating HQ to West Palm Beach to join Ondas, expanding defense manufacturing capabilities for counter-drone systems.

West Palm Beach, FloridaAutonomous Systems/DronesMunitions/Weapons

Investors RSE Ventures, Ondas Inc

Corporate Venture

RSE Ventures and Ondas invest in FPF Defense C-UAS interceptor startup

RSE Ventures and Ondas Inc invested in FPF Defense, developer of the SmartFlak counter-UAS system with kinetic interceptor for destroying Shahed-class drones. FPF is relocating headquarters to West Palm Beach to join Ondas, expanding U.S. counter-drone manufacturing capabilities.

West Palm Beach, FloridaAutonomous Systems/DronesAerospaceManufacturing/Production

Investors RSE Ventures, Ondas Inc

Corporate Venture

RSE Ventures and Ondas invest in FPF Defense C-UAS interceptor startup

RSE Ventures and Ondas Inc invested in FPF Defense, developer of SmartFlak counter-UAS system with kinetic interceptor for destroying attack drones. Investment includes FPF relocation to West Palm Beach, Florida to co-locate with Ondas headquarters for scaled US production of the Hammerhead interceptor.

West Palm Beach, FloridaAutonomous Systems/DronesElectronic WarfareManufacturing/Production

Investors RSE Ventures, Ondas Inc

Friday, July 24, 2026

$258MContract Award

CAE Secures $258M Army Contract for Bombardier Global 6500 Pilot Training

CAE USA awarded $257.9M firm-fixed-price contract to provide Bombardier Global 6500 aircraft pilot training through March 2032. Work includes full-flight simulator training for Army pilots, building on CAE's existing Global 6000/6500 simulator capabilities and Level D FAA-certified training systems.

Tampa, FloridaAerospaceManufacturing/Production

Investors U.S. Army

$7BContract Award

Oracle Lands $7B Navy IDIQ Contract Under Enterprise Software Initiative

Oracle received a 10-year, $6.99B IDIQ contract from the U.S. Navy to consolidate the Department of War's on-premises Oracle usage into a single-award contract. The agreement covers Oracle software licenses, SaaS offerings, maintenance, and consulting services across DOW, Coast Guard, and intelligence community, projected to save $441M over lifecycle.

San Diego, CaliforniaSoftware/ITCommunications

Investors U.S. Navy

Corporate M&A

IBM Acquires HRL Laboratories for Quantum Computing Expansion

IBM acquires HRL Laboratories from Boeing and GM to expand quantum computing capabilities. HRL brings silicon-spin qubit engineering, quantum sensing expertise, and advanced materials innovation critical for defense and government quantum applications.

Malibu, CaliforniaSemiconductors/ElectronicsAI/MLSpace/Satellites

Investors IBM

$3.5BCorporate M&A

Lockheed Martin Acquires Ultra Maritime for $3.45B in Undersea Warfare Expansion

Lockheed Martin agreed to acquire undersea-warfare firm Ultra Maritime for $3.45 billion to expand its naval defense capabilities. The deal supports the company's strategic focus on missile defense and undersea combat systems.

Bethesda, MarylandAerospaceManufacturing/Production

Investors Lockheed Martin

Venture Capital

Anduril in talks to raise funding at $100B valuation

Defense tech company Anduril is reportedly raising capital at a $100B valuation, more than 3x its $30.5B valuation from June 2025. The company develops autonomous systems, drones, and AI-powered defense technology for the U.S. DoD, Air Force, Army, and allied militaries including NATO and U.K. Ministry of Defence.

Costa Mesa, CaliforniaAutonomous Systems/DronesAI/MLSoftware/IT

Investors Thrive Capital, Andreessen Horowitz, Founders Fund, ICONIQ, Flux Capital, Greycroft, Altimeter, 1789 Capital

$15MSeed

1872 Closes $15M Seed Round for Autonomous Steel Fabrication

1872, founded by former SpaceX engineers, raised $15M to launch an autonomous steel fabrication factory using AI-native manufacturing and robotic systems. The technology addresses critical U.S. manufacturing gaps and supports defense industrial base resilience through advanced domestic production capabilities.

Cincinnati, OhioAI/MLManufacturing/ProductionAutonomous Systems/Drones

Investors The O.H.I.O. Fund

Venture Capital

Anduril in talks to raise funding at ~$100B valuation

Defense tech startup Anduril is in discussions for a new funding round that could value it at roughly $100 billion, rivaling major defense contractors. The company has posted booming military sales from its drones, software, and missiles, with $2.2B revenue in 2025.

California, USAAutonomous Systems/DronesMunitions/WeaponsSoftware/ITAerospace

Venture Capital

Anduril in talks to raise funding at ~$100B valuation

Defense tech startup Anduril is in discussions for a new funding round at approximately $100 billion valuation, potentially making it nearly as valuable as Lockheed Martin. The company specializes in drones, software, and missiles for U.S. military operations.

CaliforniaAutonomous Systems/DronesMunitions/WeaponsSoftware/ITAerospace

Series C

Anduril raises funding at ~$100B valuation in Series funding round

Defense tech startup Anduril is in discussions to raise funding at approximately $100 billion valuation, rivaling major defense primes. The company has generated strong military sales from its drones, software, and missile systems amid U.S. defense priorities.

CaliforniaAutonomous Systems/DronesMunitions/WeaponsSoftware/IT

Investors Thrive Capital, Andreessen Horowitz

$10MSeed

FPF Defense Raises $10M Seed for Counter-Drone Platform

FPF Defense, led by former acting Secretary of Defense Christopher Miller, raised $10M in seed funding for SmartFlak, a counter-drone platform using kinetic interceptors to defeat Shahed-type threats. The investment addresses critical air defense needs against unmanned aerial systems.

Autonomous Systems/DronesMunitions/Weapons

Investors RSE Ventures, Ondas Holdings

$80MContract Award

Siemens Government Technologies Awarded $80M Army Advanced Manufacturing Contract

Siemens Government Technologies will establish a secure, government-controlled manufacturing facility in Anniston, Alabama to produce electric motor stator assemblies for unmanned aircraft systems. The firm-fixed-price contract runs through August 2027 and supports the Army's advanced manufacturing capability expansion.

Anniston, AlabamaManufacturing/ProductionAutonomous Systems/Drones

Investors U.S. Army

Venture Capital

Anduril In Talks To Raise Funding At ~$100B Valuation

Anduril is in discussions to raise funding at approximately $100 billion valuation, with a potential two-stage structure including a second round at $110 billion. The company recently doubled its valuation to $61 billion in a $5 billion funding round and specializes in defense drones, software, and missiles.

California, USAAerospaceAutonomous Systems/DronesMunitions/WeaponsSoftware/IT

Investors Thrive Capital, Andreessen Horowitz

$250MGovernment Support

Pentagon G-BAM Challenge: $250M for ground-launched precision strike systems

The Pentagon's Defense Innovation Unit launched the Ground-Based Affordable Mass (G-BAM) challenge to identify and fund long-range precision strike systems that can be demonstrated within three months. The DoD will invest $250M to evaluate options and support early production, with successful contractors eligible for follow-on prototype and production contracts.

Autonomous Systems/DronesMunitions/Weapons

Investors U.S. Department of Defense

$85MContract Award

Amentum Secures $85M Navy Nuclear Infrastructure Modernization Contract

Amentum received a three-year, $85 million Navy contract to design and modernize spent fuel examination capabilities at the Naval Reactors Facility in Idaho, supporting the Naval Nuclear Propulsion Program's infrastructure modernization efforts and fleet readiness.

IdahoAerospaceManufacturing/Production

Investors U.S. Navy

$36MSeries A

AegisAI Raises $36M Series A Led by Battery Ventures for AI Email Security

AegisAI raised $36M Series A to scale its AI-powered email security platform that defends against AI-generated spear phishing attacks. The company uses LLMs and autonomous defense agents to evaluate email intent in real-time, addressing the growing threat of AI-generated phishing that evades traditional security filters.

CybersecurityAI/ML

Investors Battery Ventures, Accel, Foundation Capital

Thursday, July 23, 2026

$4BCorporate M&A

Greece approves $4B air defense system procurement from Israel

Greece approved a €3.5 billion ($4 billion) multi-layer air defense system called 'Achilles Shield' from Israeli companies Rafael and IAI, with Greek companies producing at least 25% locally. The system will be fully operational within 35 months and includes Israeli radars, missiles, drones, and military transport aircraft.

GreeceAerospaceAutonomous Systems/Drones

Investors Rafael, IAI

$70MContract Award

CoAspire Wins $70M Navy Contract for RAACM-ER Cruise Missile

CoAspire received a $70M prototype Other Transaction Agreement (OTA) from the U.S. Navy for its Rapidly Adaptable Affordable Cruise Missile-Extended Range (RAACM-ER) ground-launched variant under the CHAOS program. The award covers Phases 1 and 2 for design, development, testing and delivery of the system.

Munitions/WeaponsAerospace

Investors U.S. Navy

$1.6BContract Award

Pentagon Awards Lockheed Martin $1.6B F-35 Spare Parts Contract

Lockheed Martin received the largest-ever F-35 spare parts contract valued at $1.6 billion, with the Air Force contributing $754 million. The contract covers spare parts for the global F-35 spares pool shared by U.S. military services and international partners, addressing critical readiness shortages.

Grand Prairie, TexasAerospaceManufacturing/Production

Investors U.S. Air Force, U.S. Navy, U.S. Marine Corps

$447MContract Award

$447M Army Contract for TCOM Persistent Surveillance Systems

TCOM secured an IDIQ contract to produce, field, and sustain the Persistent Surveillance Systems-Tethered (PSS-T) family for Army ISR and situational awareness. The potential $446.7M award covers production, fielding, sustainment and lifecycle support through July 2031.

Columbia, MarylandAerospaceAutonomous Systems/DronesCommunications

Investors U.S. Army

$1.2BContract Award

Northrop Grumman Awarded $1.2B Navy Contract for E-2D Hawkeye Aircraft

The U.S. Navy awarded Northrop Grumman a $1.19 billion contract to produce, deliver, and support three E-2D Advanced Hawkeye Block II carrier-based command-and-control aircraft. Work is scheduled through December 2031, with $583.4 million obligated in fiscal 2026 procurement funds.

Florida, New YorkAerospaceCommunications

Investors U.S. Navy

$160MVenture Capital

Cathedral Raises $160M at $1.4B Valuation for Military Cyber AI

Cathedral, founded by former DOGE staffers, raised $160M to develop AI-driven offensive and defensive cyber capabilities for U.S. military operations. The company plans to pursue government contracts and secure dedicated data center resources to strengthen national security cyber infrastructure.

CybersecurityAI/ML

Investors Andreessen Horowitz, Sequoia Capital

Corporate M&A

Bluestone Investment Partners Acquires Delphinus Engineering, Navy Ship Repair Specialist

Bluestone Investment Partners acquired Delphinus Engineering, a Pennsylvania-based defense contractor specializing in U.S. Navy ship maintenance, repair, and modernization for surface ships, aircraft carriers, and submarines. The acquisition supports Bluestone's strategy to build a naval maintenance and sustainment platform as the Navy seeks to strengthen maritime industrial base capacity.

PennsylvaniaAerospaceManufacturing/ProductionCybersecurity

Investors Bluestone Investment Partners

Strategic Partner

Saronic and Samsung Heavy Industries Partner on Autonomous Maritime Systems

Saronic and Samsung Heavy Industries announced a strategic partnership to develop autonomy-capable maritime systems and strengthen America's shipbuilding industrial base. The collaboration will focus on autonomous vessel production, AI-powered digital solutions, and production automation at Saronic's shipyards, with major investments in Port Alpha (Brownsville) and Franklin, Louisiana facilities.

Brownsville, Texas; Franklin, LouisianaAerospaceAutonomous Systems/DronesManufacturing/Production

Investors Samsung Heavy Industries

medium.com→

$125MContract Award

PsiQuantum Secures $125M DARPA Award for Quantum Computing Roadmap

DARPA awarded PsiQuantum $125M to advance quantum computing development under the Quantum Benchmarking Initiative Stage C. The performance-based agreement funds testing of utility-scale hardware, photonic manufacturing, and cryogenic systems critical to U.S. quantum computing strategy.

Milpitas, California; Chicago, IllinoisSemiconductors/ElectronicsSoftware/IT

Investors Defense Advanced Research Projects Agency (DARPA)

$5BGovernment Support

White House Commits Over $5B to Expand Genesis AI Mission

The White House announced over $5 billion in federal commitments to expand the Genesis Mission, a whole-of-government AI initiative spanning 15+ agencies. Funding supports national challenges in healthcare, energy, infrastructure, manufacturing, and national security, including AI applications for weapons design, biological threat detection, and space superiority.

AI/MLSoftware/IT

Investors U.S. Department of Energy, National Science Foundation, Department of War, NASA, National Institutes of Health, Department of Transportation

$30MSeries A

Ropedia Raises $30M Pre-A Funding for Physical AI Data Infrastructure

Ropedia raised $30M across two pre-A rounds to scale its physical AI data infrastructure platform for robotics and embodied AI systems. The company develops HOMIE wearable devices that capture synchronized multimodal data for training autonomous systems, with applications across defense-relevant robotics and autonomous vehicles.

SingaporeAI/MLAutonomous Systems/DronesSoftware/IT

Investors Angel investors, long-term financial investors, strategic partners

$2MGovernment Support

BlueQubit Receives $1.5M DOE Grant for AI-Driven Quantum Error Correction

BlueQubit and partners including Microsoft, national labs, and universities received $1.5M in DOE Genesis Mission grants to develop AI-based quantum error correction. The work aims to reduce physical qubits needed and improve error detection speed for fault-tolerant quantum computing with applications in defense, pharmaceuticals, and materials research.

AI/MLSoftware/IT

Investors U.S. Department of Energy

$64MContract Award

LMI Wins $63.8M Army Enterprise Logistics Support Contract

LMI won a $63.8M Army contract to provide enterprise logistics and installation operations support through a managed-service model. The work includes a 9-month base period with four 12-month options and a 6-month extension, covering logistics analysis, supply chain optimization, and strategic planning for the Army's G-4 office.

National Capital Region, VirginiaSoftware/ITManufacturing/Production

Investors U.S. Army

Wednesday, July 22, 2026

$156MContract Award

Kratos Secures $156M DOE Solar Shield C-UAS Contract

Kratos received a sole-source IDIQ contract from DOE's NNSA to provide mobile counter-UAS platforms for Project Solar Shield, detecting and responding to hostile drones. The award supports critical national security infrastructure protection for DOE operations.

United StatesAutonomous Systems/DronesElectronic Warfare

Investors U.S. Department of Energy

Seed

Extellis Extends Seed Round With Investment From Shell Ventures

Extellis, a satellite imaging company using synthetic aperture radar technology developed with DARPA sponsorship, raised additional seed funding from Shell Ventures. The investment supports the company's pathfinder mission, team expansion, and commercial operations for infrastructure monitoring applications.

Durham, North CarolinaSpace/SatellitesAI/ML

Investors Shell Ventures

$266MContract Award

Rocket Lab Wins $266M Space Force Contract for Suborbital Launches

Rocket Lab secured a $266 million firm-fixed-price contract from the Space Force to conduct 12 suborbital launches from Alaska's Pacific Spaceport Complex using its HASTE hypersonic test vehicle. Work is scheduled for completion by December 31, 2028, with options for six additional launches.

Long Beach, CaliforniaAerospaceSpace/Satellites

Investors U.S. Space Force

$4MSeed

pQCee Raises $3.9M Seed Funding for Quantum-Safe Cybersecurity Platform

pQCee raised $3.9M in seed funding to expand its quantum-safe cybersecurity platform globally. The company develops encryption tools to protect against future quantum computing threats, serving critical infrastructure, government agencies, and financial institutions across Asia, US, Europe and Middle East.

SingaporeCybersecurityAI/ML

Investors SGInnovate, Lotus One Investment, In Group Holdings, Wavemaker Ventures, SUTD Venture Holdings, Apsara Investments

$1.9BFund Raise

Capitol Meridian Partners Closes $1.9B Defense Investment Fund II

Capitol Meridian Partners closed its second private equity fund at $1.9 billion, exceeding its $1.2 billion target, to invest in U.S. aerospace, defense, and national security companies. The fund reflects surging PE interest in defense, with 2025 seeing $10.2 billion invested in the sector, more than double 2024 levels.

Washington, D.C.AerospaceSoftware/ITOther

Investors Capitol Meridian Partners limited partners

Strategic Partner

Lockheed Martin, Venus Aerospace Partner on Rotating Detonation Rocket Engine Development

Lockheed Martin and Venus Aerospace entered a joint technology development agreement to evaluate and mature the Rotating Detonation Rocket Engine (RDRE) for long-range precision fire systems. The partnership follows Lockheed Martin Ventures' earlier strategic investment in Venus Aerospace and aims to advance the breakthrough propulsion technology from subsystem demonstration to practical missile applications.

Grand Prairie, TexasAerospaceMunitions/Weapons

Investors Lockheed Martin

$300MPrivate Equity

Sila Raises $300M for Silicon Anode Manufacturing Expansion

Sila raised $300M to expand U.S. silicon-carbon anode manufacturing for lithium-ion batteries, addressing critical supply chain gaps for drones, defense systems, and aerospace applications. The Moses Lake facility expansion targets 250 GWh capacity, reducing dependence on Chinese suppliers.

Moses Lake, WashingtonAdvanced MaterialsSemiconductors/ElectronicsAutonomous Systems/Drones

Investors Atreides Management, Sutter Hill Ventures, 8VC, Bessemer Venture Partners, Matrix Partners, T. Rowe Price Associates

$1.7BVenture Capital

Travis Kalanick's Atoms raises $1.7B led by Andreessen Horowitz

Atoms, Travis Kalanick's robotics and heavy industry automation company, raised $1.7B in Series funding led by a16z to develop manufacturing automation, mining robotics, and AI-powered physical world systems. The company integrates Kalanick's former Cloud Kitchens platform with acquired Pronto automation technology to build autonomous systems for industrial applications.

Autonomous Systems/DronesManufacturing/ProductionAI/ML

Investors Andreessen Horowitz, Bain Capital, Fifth Wall, Uber

$15MVenture Capital

Xingchen Daohe raises $14.8M for Guanlan SSA satellite constellation

Chinese startup Xingchen Daohe secured ~$14.8M to develop and deploy the Guanlan constellation for space situational awareness, tracking orbital objects to support collision avoidance and space traffic management. The funding reflects China's commercial SSA sector growth aligned with government goals to localize satellite tracking data by 2028.

Beijing, ChinaSpace/SatellitesAI/ML

Investors Beihang Tianhui, Zhenghan Capital, QDGF Ventures, Yarong Capital, Yunhui Capital, Xinhai Capital, Changsha Chengfa

$15MVenture Capital

Xingchen Daohe raises $14.8M for Guanlan SSA satellite constellation

Chinese startup Xingchen Daohe secured ~$14.8M to develop and deploy the Guanlan constellation for space situational awareness, tracking orbital objects for collision avoidance and space traffic management. Part of China's push to localize satellite tracking capabilities and reduce dependence on U.S. data by 2028.

Beijing, ChinaSpace/SatellitesAI/ML

Investors Beihang Tianhui, Zhenghan Capital, QDGF Ventures, Yarong Capital, Yunhui Capital, Xinhai Capital, Changsha Chengfa

Tuesday, July 21, 2026

$6MSeed

Italian startup ORiS raises €5M for laser power-beaming satellite technology

ORiS raised €5.7M (€4.5M pre-seed + €500K grant) to develop wireless laser power-beaming technology for satellites. The dual-use technology has applications for space power transmission and terrestrial drone powering, with in-orbit demonstrations planned for 2027.

Turin, ItalySpace/SatellitesAdvanced Materials

Investors Earlybird, Pitchdrive, Galaxia, Vento, Piemonte Next Fund

$100MContract Award

Coast Guard Plans $100M Follow-On IT Services Contract for Legacy System Sustainment

The U.S. Coast Guard is planning to compete a potential $100 million IT services contract for custom and legacy applications under the COMPASS blanket purchase agreement. The contract will support application development, modernization, cybersecurity remediation, and sustainment of Coast Guard enterprise information systems through January 2029.

Kearneysville, West VirginiaSoftware/ITCybersecurity

Investors U.S. Coast Guard

$7MGovernment Support

DARPA Launches $6.5M Heavy-Lift Drone Challenge Competition

DARPA is awarding $6.5 million in prize money for the Lift Challenge Competition to incentivize development of heavy-lift drones capable of carrying payloads 4x their weight. Over 115 teams will compete to advance unmanned vertical-lift transport technology for military and commercial applications.

Dayton, OhioAutonomous Systems/DronesAerospace

Investors Defense Advanced Research Projects Agency (DARPA)

$117MContract Award

AeroVironment Secures $117M Army Contract for P550 eVTOL Drones

AeroVironment secured a $117.3M Army contract to deliver 82 P550 eVTOL reconnaissance drones for the Army's Battalion Reconnaissance effort. The autonomous Group 2 aircraft supports long-range reconnaissance and multi-domain missions with up to 5 hours of endurance and 15-pound payload capacity.

Arlington, VirginiaAutonomous Systems/DronesAerospace

Investors U.S. Army

$40MVenture Capital

Raghu Vamsi Aerospace Raises $40M for Precision Manufacturing and Defense Tech

Raghu Vamsi Aerospace raised $40M to expand precision manufacturing capacity across India, UK, and US facilities, and develop proprietary defense products including micro turbojet engines, missile subsystems, and autonomous systems. The funding supports an integrated manufacturing campus near Hyderabad and investments in Mission Systems and Deep-Tech divisions serving global aerospace OEMs and Indian defense agencies.

Hyderabad, IndiaAerospaceManufacturing/ProductionAutonomous Systems/DronesAdvanced Materials

Investors Norwest, Skegen Asset Management, Indus Bridge Ventures, GJNX Ventures, Ashish Kacholia

$1.9BContract Award

Air Force Awards $1.9B in Technical & Management Advisory Support Contracts

The U.S. Air Force Test Center awarded $1.9B in combined contracts to Odyssey Systems Consulting Group, Aventis, and Gauss Management Research and Engineering for technical and management advisory services supporting aerospace R&D and test/evaluation activities through 2031.

Eglin Air Force Base, FloridaAerospaceSoftware/IT

Investors U.S. Air Force

$25MSeries A

Empirical Security raises $25M Series A for predictive vulnerability management

Empirical Security raised $25M Series A to expand its AI-driven predictive exposure management platform for vulnerability detection. The company's Foundation and Radiant products help enterprises identify which software vulnerabilities are most likely to be exploited, addressing critical cybersecurity threats in defense-adjacent enterprise sectors.

Chicago, IllinoisCybersecurityAI/ML

Investors Brightmind Partners

$2BContract Award

Hanwha Philly Shipyard awarded $2B contract for 2 missile-tracking vessels

Hanwha Philly Shipyard awarded $2 billion contract to build two Missile Range Instrumentation Vessels for the Pentagon's Missile Defense Agency. The vessels will replace aging Pacific Tracker and Pacific Collector to monitor and collect ballistic missile test data in the Pacific Ocean.

Philadelphia, PennsylvaniaAerospaceManufacturing/Production

Investors U.S. Missile Defense Agency

$850MInternal/Self-funded

Electra invests $850M in Ohio facility for hybrid-electric military aircraft production

Electra is investing $850 million to establish a production facility in Springfield, Ohio for its EL9 hybrid-electric ultra-short takeoff and landing (STOL) aircraft, which will serve both civilian regional air transport and military cargo/personnel missions. The facility will create 2,000 jobs and enable production of up to 400-800 aircraft annually.

Springfield, OhioAerospaceAdvanced Materials

$1.1BGovernment Support

Pentagon's Drone Dominance Competition: $1.1B Program for Domestic Drone Industry

The Defense Department's $1.1 billion Drone Dominance competition aims to strengthen the domestic drone industry by supplying commercially developed unmanned aircraft systems to the military. The program evaluated 49 companies across multiple mission sets, with 19 advancing to the next testing round in August, focusing on performance, ease of use, and production scalability.

Camp Grayling, MichiganAutonomous Systems/DronesManufacturing/Production

Investors U.S. Department of Defense

$32MContract Award

Pentagon awards $32M for reusable bomber/dropper drone prototypes under Drone Dominance Program

The Pentagon's Drone Dominance Program is awarding $32 million for Phase 2.5 prototype development of reusable bomber/dropper drones with additional orders planned. The program seeks low-cost, scalable strike capabilities with resilient supply chains for close combat operations.

Autonomous Systems/DronesMunitions/Weapons

Investors U.S. Department of Defense

$748MGovernment Support

Poland commits €656M to IRIS² European satellite constellation for secure communications

Poland committed €656 million ($748M) to Europe's IRIS² satellite constellation to establish strategic communications security. The investment will fund 12 satellites (6 MEO, 6 LEO) for a Polish constellation and a satellite gateway in Warsaw connected to GovNet.

Warsaw, PolandSpace/SatellitesCommunications

Investors Polish Government

Monday, July 20, 2026

Corporate M&A

BTS Software Solutions Acquires Augury for Advanced Engineering Capabilities

BTS Software Solutions acquired Augury, a software engineering and FPGA systems company serving government and intelligence customers. The acquisition expands BTS' capabilities in advanced hardware, system architecture, and full-stack mission applications for DoD and federal government clients.

Software/ITSemiconductors/ElectronicsAI/MLCybersecurity

Investors BTS Software Solutions

$423MContract Award

Space Force Awards $423.4M Radar Digitization Contracts to Raytheon, SciTec, WildStar

The Space Force awarded three companies combined $423.4M to modernize ground-based radar systems through digitization and common architecture development. The effort covers six legacy radar sites and aims to enhance battlespace situational awareness, tracking capacity, and address system obsolescence through April 2028.

Arlington, Texas; Princeton, New Jersey; Woburn, MassachusettsAerospaceSoftware/IT

Investors U.S. Space Force

Public Markets

Honeywell Aerospace IPO on NASDAQ following spin-off from Honeywell

Honeywell Aerospace officially listed on NASDAQ as an independent publicly traded company following its spin-off from Honeywell. The aerospace and defense firm has a $19 billion order backlog and plans to deploy capital toward organic growth, supply chain investments, and dual-sourcing initiatives.

United StatesAerospace

Contract Award

SpaceX in negotiations with DoD for AI computing capacity, potentially worth billions

SpaceX is negotiating with the Department of War to provide data center capacity for AI computing to support NSA and military divisions. DoD is seeking $30 billion for its Artificial Intelligence Arsenal initiative to acquire high-end AI chips and cloud computing capacity for classified networks.

Hawthorne, CaliforniaAI/MLSpace/SatellitesSoftware/IT

Investors U.S. Department of War

$30MSeries A

Natural raises $30M Series A for AI agent payments infrastructure

Natural raised $30M Series A to build payment infrastructure enabling AI agents to autonomously transact with vendors, collect funds, and interact with other agents. The startup is positioning itself as a competitor to Stripe by redesigning financial rails for autonomous agent-driven commerce at scale.

AI/MLSoftware/IT

Investors Forerunner Ventures

$94MCorporate M&A

Karman Space & Defense acquires UK missile component supplier Walker Precision for $94M

Karman Space & Defense agreed to acquire Walker Precision Engineering for $94 million in cash and stock. The acquisition adds missile subsystems used by European manufacturers and expands Karman's operations outside the U.S., strengthening its defense supply chain capabilities.

United KingdomMunitions/WeaponsManufacturing/Production

Investors Karman Space & Defense

$31MContract Award

Air wins $31M DoD contract for ICBM supply chain oversight

Air (formerly Govini) won a $31M contract to provide its Enterprise Readiness platform supporting U.S. Air Force ICBM supply chain management for Minuteman III and Sentinel programs through June 2029, enabling identification of supply chain gaps and risk assessment for critical nuclear deterrence capabilities.

Salt Lake City, UtahSoftware/ITManufacturing/Production

Investors U.S. Air Force

$158MContract Award

Chugach Intelligence Solutions Awarded $158M NASA Ames Facilities Contract

Chugach Intelligence Solutions secured a five-year, $158 million contract to provide facilities operations, maintenance, and repair services for NASA's Ames Research Center. The work covers facility management across the 1,960-acre Moffett Field site supporting research activities and NASA missions.

Moffett Field, CaliforniaManufacturing/Production

Investors NASA

Corporate M&A

BTS Software Solutions Acquires Augury for Advanced FPGA and Engineering Capabilities

BTS Software Solutions has acquired Augury, a software engineering and programmable hardware company specializing in FPGA development and full-stack mission applications for government customers. The acquisition expands BTS' capabilities in advanced hardware integration, AI, cybersecurity, and cloud services for DoD and intelligence community customers.

Software/ITSemiconductors/ElectronicsAI/MLCybersecurity

Investors BTS Software Solutions

$7MContract Award

Australian Defence Department orders $6.9M Counter-sUAS kits from Ondas DZYNE

Australian Department of Defence ordered $6.9 million of DTIM Single Operator Counter-sUAS Kits from Ondas DZYNE. The kits provide drone detection, tracking, identification and mitigation capabilities for small unmanned aircraft threats.

AustraliaAutonomous Systems/DronesElectronic Warfare

Investors Australian Department of Defence

$24MInternal/Self-funded

QinetiQ invests £20M in laser directed energy weapon (LDEW) technology

QinetiQ is investing £20 million to accelerate development and production of Laser Directed Energy Weapon (LDEW) technology, including its new HELENA coherent beam combination laser source. The investment expands production capabilities at UK sites to support DragonFire LDEW systems for Royal Navy deployment from 2027 and allied markets.

Farnborough and Malvern, UKElectronic WarfareManufacturing/Production

Sunday, July 19, 2026

Seed

Intrinsic Power Raises Seed Funding for AI Power Orchestration Platform

Intrinsic Power completed first close of seed financing to accelerate its AI-enabled power orchestration platform for data centers and critical infrastructure. The software helps manage electrical capacity for AI data centers, commercial buildings and other mission-critical facilities facing power constraints.

Los Angeles, CaliforniaAI/MLSoftware/IT

Investors Kyocera Ventures, Drive Catalyst, Boost VC, RPV Global

Saturday, July 18, 2026

$11.4BGovernment Support

Space Force Increases NSSL Phase 3 Lane 1 Contract Ceiling by $11.4B

U.S. Space Force increased the contract ceiling for National Security Space Launch Phase 3, Lane 1 by $11.4 billion to $17 billion total. Funding will support future task orders for launch services from ULA, SpaceX, Stoke Space Technologies, Rocket Lab, Impulse Space, and Relativity Federal, strengthening domestic launch capability.

United StatesSpace/SatellitesAerospace

Investors U.S. Space Force Space Systems Command

$6MSeed

Aina Raises $5.5M Seed for AI Hardware Interface

Aina raised $5.5M in seed funding to develop general-purpose AI hardware interfaces that simplify user interaction with AI agents and digital services. While primarily consumer-focused, the technology's potential applications in autonomous systems and human-machine interfaces have relevance to defense and national security contexts.

San Francisco, CaliforniaAI/MLSoftware/IT

Investors Redstart Labs, 360 ONE Asset, MIXI Global Investments, Antler, Blume Founders Fund

$17BContract Award

Space Force raises NSSL Phase 3 Lane 1 contract ceiling to $17 billion

The U.S. Space Force tripled the contract ceiling for National Security Space Launch Phase 3 Lane 1 from $5.6B to $17B, expanding funding for commercial launch services among seven providers through FY2029. The increase reflects sharply rising demand for national security satellite missions and supports competition among SpaceX, ULA, Blue Origin, and emerging launch providers.

Space/SatellitesAerospace

Investors U.S. Space Force

Friday, July 17, 2026

$10BGovernment Support

Pentagon Invests $10B in Defense Industry Across 30+ Announcements

DoW announced $10B investment in materiel production and defense industrial base across 30+ companies, spanning munitions, shipbuilding, space, AI, and robotics. Supports 4,000-5,000 Pennsylvania jobs and represents largest warfighting capability buildup since Reagan era.

Pennsylvania, United StatesAerospaceAI/MLAutonomous Systems/DronesCommunicationsCybersecurityElectronic WarfareManufacturing/ProductionMunitions/WeaponsSemiconductors/ElectronicsSpace/Satellites

Investors Department of War

$3BGovernment Support

Saronic invests $3B in Port Alpha shipyard in Brownsville, Texas

Saronic is building Port Alpha, an advanced 835-acre shipyard in Brownsville for $3B+ to manufacture autonomous unmanned surface vessels including Corsairs and Marauders. The facility, opening 2028, will support U.S. naval shipbuilding and create up to 10,000 jobs, backed by $80M Texas state grant and local tax incentives.

Brownsville, TexasAutonomous Systems/DronesManufacturing/ProductionAerospace

Investors Texas Enterprise Fund

$65MGovernment Support

Leidos Wins $65M Navy Intelligence Contract for Hopper Center Support

Leidos secured an indefinite-delivery/indefinite-quantity contract worth up to $64.8M to provide engineering and technical support for the Navy's Hopper Global Communication Center, which manages classified communications and cybersecurity for naval intelligence operations worldwide through 2030.

Suitland, MarylandCommunicationsCybersecuritySoftware/IT

$7MGovernment Support

Pentagon awards $7.1M to Martin Materials for satellite cover glass production expansion

Pentagon invests $7.1M under Defense Production Act Title III to expand U.S. manufacturing of space-qualified cover glass for satellite solar cells at Martin Materials Solutions facility in Ohio. Funding aims to reduce supply chain risks and domestic reliance on limited foreign sources for critical satellite components.

Twinsburg, OhioSpace/SatellitesManufacturing/ProductionAdvanced Materials

Investors U.S. Department of Defense

$85BPublic Markets

SpaceX IPO raises over $85 billion in public markets debut

SpaceX completed its initial public offering, raising over $85 billion and becoming a publicly traded company. The IPO validates SpaceX's core business of reusable rockets and Starlink satellite constellation while positioning the company for expansion into orbital data centers and next-generation space infrastructure.

Hawthorne, CaliforniaSpace/SatellitesAerospace

$1.5BContract Award

ASRC Federal Lands $1.5B Air Force Logistics Support Contract

ASRC Federal Facilities & Logistics secured a 10-year, $1.5B Air Force Industrial Product-Support Vendor contract from the Defense Logistics Agency to manage supply chain and depot maintenance at three Air Logistics Complexes. The contract covers supply chain management for over 36,000 national stock numbers and 1,450 kit configurations supporting Air Force logistics operations.

Oklahoma, Utah, GeorgiaManufacturing/Production

Investors U.S. Air Force

$10BGovernment Support

Pentagon Invests $10B in Defense Industrial Base Across Pennsylvania

The Department of War announced a $10 billion investment in materiel production and defense industrial base expansion across Pennsylvania, supporting over 4,000 jobs. The announcement encompasses 30+ investments spanning munitions, shipbuilding, space, AI, and robotics as part of a major warfighting capability buildup.

Pennsylvania, USAMunitions/WeaponsAerospaceManufacturing/ProductionAI/MLAutonomous Systems/DronesSpace/Satellites

Investors U.S. Department of War

Corporate M&A

Pratt & Whitney acquires Aiir Innovations for AI-powered engine inspection technology

Pratt & Whitney, a division of RTX, acquired Amsterdam-based Aiir Innovations to integrate AI-assisted borescope software for aircraft engine inspections. The technology improves inspection efficiency and consistency for military and commercial engines including the F135 military engine, reducing inspection times and enabling faster maintenance across global MRO operations.

Amsterdam, NetherlandsAerospaceAI/ML

Investors RTX

$1.1BGovernment Support

EU-Ukraine drone production partnership with €1B support commitment

EU and Ukraine established joint ventures between defense companies to accelerate unmanned systems production, with the EU committing €1 billion to support drone capabilities. The partnership aims to scale production from 10 million to 20 million drones annually by combining Ukrainian combat expertise with European industrial capacity.

Europe, UkraineAutonomous Systems/DronesManufacturing/Production

Investors European Union, Ukraine

$37MContract Award

NGA Awards Esri $37.1M Task Order for Enterprise GIS Platform

NGA awarded Esri a sole-source task order to build an enterprise GIS platform-as-a-service consolidating geospatial intelligence tools. The 12-month effort will maintain mission-specific capabilities within Esri's ArcGIS suite to support NGA's geospatial intelligence modernization.

Redlands, CaliforniaSoftware/ITOther

Investors National Geospatial-Intelligence Agency

$1.4BGovernment Support

Canada awards General Dynamics $1.4B armored combat vehicle contract

Canada awarded General Dynamics Land Systems-Canada a $1.4 billion contract to produce 190 armored combat support vehicles over four years, with an additional 35 vehicles for Ukraine. GDLS-Canada designated as first strategic partner under Canada's new Defence Industrial Strategy framework emphasizing domestic defense manufacturing.

London, Ontario, CanadaManufacturing/ProductionAutonomous Systems/Drones

Investors General Dynamics Land Systems-Canada

Thursday, July 16, 2026

Corporate M&A

Thrust Capital Partners Acquires Alphacasting, Canada's Only Titanium Casting Foundry

Thrust Capital Partners, a Canadian PE firm focused on aerospace and defense supply chain, acquired Alphacasting, Canada's only titanium casting foundry. Alphacasting specializes in precision investment castings for aerospace and defense applications, producing high-strength aluminum and titanium castings critical for structural components.

Montreal, CanadaAerospaceManufacturing/Production

Investors Thrust Capital Partners

$900MCorporate M&A

Saab wins $900M contract for German Navy MEKO A-200 DEU frigate systems

Saab secured an 8.7 billion kronor ($900M) contract to supply combat systems, sensors, and composite superstructures for four German Navy MEKO A-200 DEU frigates. Deliveries run 2029-2032, supporting NATO anti-submarine warfare capabilities after Germany scrapped its F126 frigate program.

GermanyAerospaceManufacturing/Production

Investors TKMS

$2BGovernment Support

State Department approves $2B FMS for Saudi Arabia APKWS guided rockets

State Department approved a $2 billion Foreign Military Sale to Saudi Arabia for up to 20,000 BAE Systems APKWS (Advanced Precision Kill Weapon Systems) guided rockets with related equipment including launchers, warheads, and motors. Part of broader $2.5B in FMS approvals.

Saudi ArabiaMunitions/Weapons

Investors State Department

Corporate M&A

Odyssey Acquires Majority Stake in TransPak for Defense/Aerospace Packaging

Odyssey Investment Partners acquired a majority stake in TransPak, a Silicon Valley packaging and logistics provider serving aerospace, defense, and semiconductor industries. TransPak designs and builds protective packaging, crating, and supply chain solutions for complex, fragile equipment used in defense and aerospace applications.

San Jose, CaliforniaManufacturing/ProductionAerospace

Investors Odyssey Investment Partners

$10.5BGovernment Support

Lockheed Martin Wins $10.5B USSOCOM Logistics Support Contract

Lockheed Martin secured a 12-year, $10.53B indefinite-delivery contract from U.S. Special Operations Command for global logistics support of special operations aircraft, vessels, and ground vehicles. The SOF GLSS II contract covers lifecycle sustainment, facility management, supply chain, and IT support across government-operated facilities worldwide.

United StatesAerospaceManufacturing/Production

$13MSeed

Beacon Security Raises $13M Seed Funding for AI-Native Cyber Defense Platform

Beacon Security raised $13M in seed funding to build an AI-native cybersecurity platform that creates a trusted data foundation for human analysts and autonomous security agents. The platform normalizes and enriches security data to improve threat detection, investigation, and incident response across enterprises in regulated industries.

CybersecurityAI/ML

Investors Notable Capital, Holly Ventures, AlphaDrive Ventures, SVCI, Jefferies Family Office

$100MCorporate Venture

Lockheed Martin allocates $100M venture fund for UK and Europe investments

Lockheed Martin Ventures dedicates $100M to invest in UK and European defense startups and innovation companies. The fund will strengthen the transatlantic defense industrial base, enhance supply chains, and support government modernization initiatives across Europe.

London, United Kingdom; EuropeAerospaceAI/MLAutonomous Systems/DronesCybersecuritySoftware/IT

Investors Lockheed Martin

$100MGovernment Support

Agile Defense Lands $100M OTA for Workforce AI Tool for NORAD, USNORTHCOM

Agile Defense secured a $100M OTA to deliver its Workforce AI platform supporting NORAD and USNORTHCOM. The funding enables prototyping of the Force Deployed Engineering and Training model, integrating AI-driven instruction with forward-deployed technical support for defense operations.

McLean, VirginiaAI/MLSoftware/IT

$100MOther

Goldman Sachs Leads $100M Series D for AI Infrastructure Firm Spectro Cloud

Spectro Cloud raised $100M Series D to expand its PaletteAI platform for AI infrastructure management. The platform serves defense and government customers including U.S. Air Force, enabling GPU cluster management and distributed inference without vendor lock-in.

San Jose, CaliforniaAI/MLSoftware/IT

Investors Goldman Sachs Alternatives, AMD Ventures, Ericsson, LG Technology Ventures, Maximus

$3BInternal/Self-funded

Saronic to Build Port Alpha Shipyard in Texas with $3B+ Investment

Saronic announced a $3B+ investment to build Port Alpha, a next-generation shipyard in Brownsville, Texas designed for advanced maritime manufacturing and autonomous systems. The facility will create up to 10,000 jobs and strengthen U.S. shipbuilding capacity for commercial and defense requirements.

Brownsville, TexasAerospaceManufacturing/Production

medium.com→

$100MCorporate Venture

Lockheed Martin Ventures Earmarks $100M for UK and European Defense Tech

Lockheed Martin Ventures opens London office and commits $100M from its $1B fund to invest in UK and European defense technology startups. The expansion aims to strengthen transatlantic defense industrial base and support NATO allies' sovereign defense capabilities through early-stage startup investments.

London, United KingdomAerospaceAI/MLAutonomous Systems/DronesCommunicationsCybersecurityElectronic WarfareSoftware/ITOther

Investors Lockheed Martin Ventures

Venture Capital

8VC Invests in Sable, AI Customer Engagement Platform

8VC announced investment in Sable, an AI employee platform that uses real-time vision and computer use to provide interactive product demos and customer onboarding at scale. The company serves fast-growing AI firms and large enterprises with AI-driven customer engagement capabilities.

AI/MLSoftware/IT

Investors 8VC

8vc.com→

$70MSeries C

Swissto12 raises $70M Series C for small GEO satellite production

Swissto12 raised $70M in Series C funding to accelerate production of HummingSat small geostationary satellites. The company serves commercial and government customers seeking sovereign strategic satellite communications capabilities, with $500M+ in contracts including military and national security applications.

SwitzerlandSpace/SatellitesManufacturing/Production

$900MCorporate M&A

Saab wins $900M contract for German Navy MEKO A-200 DEU frigate systems

Saab secured an 8.7 billion kronor ($900M) contract to supply combat systems, sensors, and composite superstructures for four German Navy MEKO A-200 DEU frigates. Deliveries run 2029-2032, fulfilling NATO anti-submarine warfare requirements after Germany scrapped its F126 frigate program.

GermanyAerospaceCommunicationsManufacturing/Production

Investors TKMS

$500MGovernment Support

U.S. Army Awards Neros $500M Contract for Archer FPV Drones

The U.S. Army awarded Neros Technologies a $500M contract to supply Archer first-person view (FPV) drones for the Purpose-Built Attritable Systems program, potentially covering hundreds of thousands of units. This represents a major defense industrial base investment in drone manufacturing capacity.

United StatesAutonomous Systems/DronesManufacturing/Production

Investors U.S. Army

$555MCorporate M&A

Sentinel sells Autronica Fire and Security to MSA Safety for $555M

Sentinel Capital Partners sold Autronica Fire and Security, a Norway-based fire and gas detection company, to MSA Safety for $555M. Autronica designs detection and alarm systems for mission-critical environments including ships, oil/gas, and industrial sites. The sale supports defense/security infrastructure.

Trondheim, NorwayManufacturing/ProductionOther

Investors MSA Safety

$55MSeed

Elorian raises $55M seed at $300M valuation for visual AI

Elorian, founded by former Google DeepMind researcher Andrew Dai, raised $55M in seed funding at a $300M pre-money valuation to develop visual AI models for advanced reasoning. While primarily a commercial AI venture, the company's frontier AI research has potential dual-use applications for defense and national security systems.

AI/ML

Investors Nvidia, Menlo Ventures

$2BGovernment Support

$2B FMS deal: 20,000 APKWS guided rockets to Saudi Arabia via BAE Systems

State Department approved a $2 billion Foreign Military Sale to Saudi Arabia for up to 20,000 Advanced Precision Kill Weapon Systems (APKWS) guided rockets from BAE Systems, including launchers, warheads, and related equipment. Part of $2.5B in FMS deals approved this week.

Saudi ArabiaMunitions/Weapons

Investors BAE Systems

$100MCorporate Venture

Lockheed Martin Ventures launches $100M fund for UK/Europe defense startups

Lockheed Martin Ventures carves out $100M to invest in UK and European defense innovation startups, opening a London office. The fund aims to strengthen transatlantic defense industrial base, enhance supply chains, and accelerate European government defense technology initiatives.

London, United KingdomAerospaceAI/MLAdvanced MaterialsAutonomous Systems/DronesCommunicationsCybersecurityElectronic WarfareSoftware/IT

Investors Lockheed Martin

Private Equity

Odyssey Investment Partners Acquires Majority Stake in TransPak

Odyssey Investment Partners acquired a majority stake in TransPak, a Silicon Valley packaging and logistics company serving aerospace, defense, and semiconductor industries. TransPak designs protective packaging and crating for complex, fragile equipment including defense and aerospace products, marking the company's first institutional capital in 74 years.

San Jose, CaliforniaManufacturing/ProductionAerospace

Investors Odyssey Investment Partners

$3BInternal/Self-funded

Saronic to Build Port Alpha Next-Generation Shipyard in Texas, $3B+ Investment

Saronic announced a $3B+ facility investment to build Port Alpha, a next-generation shipyard in Brownsville, Texas designed for software-defined shipbuilding and autonomous maritime systems. The project will create up to 10,000 jobs and strengthen U.S. maritime and defense industrial capacity, addressing national security priorities outlined in the Trump administration's maritime dominance initiatives.

Brownsville, TexasAerospaceManufacturing/ProductionAutonomous Systems/Drones

medium.com→

$30MSeed

LegendSpace raises $29.5M angel round for AI rocket engine development

Chinese rocket engine startup LegendSpace raised $29.5M in angel funding to develop AI-accelerated liquid rocket engine design and manufacturing. The company uses its 'Prime' AI platform to compress engine development cycles from years to two weeks, supporting rapid iteration and additive manufacturing for defense and commercial space applications.

Beijing, ChinaAerospaceAI/MLManufacturing/Production

Investors Vitalbridge, Yuanma Lüdong, Shangshi Capital, Crystal Stream Capital, Oriental Fortune Capital

Venture Capital

8VC Invests in Sable, AI-Powered Customer Engagement Platform

8VC announces investment in Sable, an AI platform that provides real-time interactive customer support and product demonstrations using computer vision and autonomous agents. The company serves enterprise customers including Notion and Decagon, with potential applications in defense industry customer engagement and training systems.

AI/MLSoftware/IT

Investors 8VC

8vc.com→

$70MSeries C

Swissto12 raises $70M Series C for small GEO satellite production

Swissto12 raised $70M in Series C funding to accelerate production of HummingSat small geostationary satellites for commercial and government customers. The company has $500M+ in contracts and serves both commercial operators and government missions seeking sovereign satellite communications capabilities.

Tampa, FloridaAerospaceSpace/SatellitesManufacturing/Production

$500MGovernment Support

U.S. Army Awards Neros Technologies $500M Contract for Archer FPV Drones

U.S. Army awarded Neros Technologies a $500 million contract to supply Archer first-person view (FPV) drones for the Purpose-Built Attritable Systems program. The deal could cover delivery of hundreds of thousands of drones, significantly expanding the Army's capabilities for autonomous aerial operations.

United StatesAutonomous Systems/DronesManufacturing/Production

Investors U.S. Army

$70MSeries C

Swissto12 raises $70M Series C for small GEO satellite production

Swissto12 raised $70M in Series C funding to accelerate production of HummingSat small geostationary satellites for commercial and government customers. The Swiss firm has $500M+ in contracts and serves both sovereign and commercial markets seeking disaggregated multi-orbit satellite constellations.

Tampa, Florida, USASpace/SatellitesManufacturing/Production

$2BGovernment Support

US clears $1.96B precision weapons sale to Saudi Arabia

US State Department approved Foreign Military Sale of 20,000 Advanced Precision Kill Weapon System II (APKWS-II) guided munitions to Saudi Arabia, worth $1.96B. Sale includes air-to-air and air-to-ground variants with supporting equipment, training and spare parts to enhance Saudi defensive capabilities against regional threats.

Saudi ArabiaMunitions/WeaponsAerospace

Investors BAE Systems

Wednesday, July 15, 2026

$100MGovernment Support

Army Issues $100M Advanced Manufacturing Research Center Contract Solicitation

The U.S. Army issued a solicitation for a $100M contract to establish an Advanced Manufacturing Applied Research & Technology Development Center (AdvMARTDC). The center will coordinate advanced manufacturing research across universities and organizations, with focus on additive manufacturing, AI-driven methods, and munitions production scaling.

United StatesManufacturing/ProductionAdvanced MaterialsAI/ML

Government Support

Terra Drone selected for Japan's interceptor drone acquisition programme

Terra Drone selected for demonstration testing under Japan's Interceptor Drone Rapid Acquisition Programme. System will be evaluated for Japan Maritime Self-Defense Force operations, with potential for volume procurement if suitable for operational use.

JapanAutonomous Systems/Drones

Investors Japan Acquisition, Technology & Logistics Agency (ATLA)

$69MGovernment Support

Space Force awards Slingshot $69.2M for AI-enabled satellite training technology

Slingshot Aerospace won a $69.2 million Space Force contract to develop AI-enabled training environments for satellite defense missions. The 4.5-year SBIR Phase 3 contract supports realistic operator training for contested space scenarios using autonomous virtual opponents and high-fidelity simulations.

Windsor, ColoradoAI/MLSpace/SatellitesSoftware/IT

Investors U.S. Space Force

$400MGovernment Support

Kratos Secures $400M DOW Hypersonic Systems Funding

Kratos Defense received $400M in DOW funding to advance hypersonic tactical systems development, including the Nemesis and Kraken initiatives. The funding supports propulsion and flyer systems for high-speed applications critical to national security.

United StatesAerospaceMunitions/Weapons

Investors Department of War

$10MGovernment Support

Navy awards Ursa Major $10M contract for Standard Missile rocket motor development

U.S. Navy awarded Ursa Major a $10 million development contract to advance its MK 104 solid rocket motor for Standard Missile-2 and -6 air defense interceptors used on Aegis destroyers and cruisers, addressing SRM production bottlenecks.

United StatesMunitions/WeaponsManufacturing/Production

Investors U.S. Navy

$69MGovernment Support

Space Force awards Slingshot $69.2M for AI-enabled training technology

Slingshot Aerospace received a $69.2M Space Force SBIR Phase 3 contract to develop AI-enabled training environments for satellite defense missions. The contract supports the Space Force's Operational Test and Training Infrastructure program, enabling operators to rehearse protect-and-defend scenarios using TALOS, an autonomous virtual opponent AI system.

Windsor, ColoradoAI/MLSpace/Satellites

Investors U.S. Space Force

$1.8BContract Award

Raytheon Secures $1.8B Navy Contract Modification for SPY-6 Radar Production

The U.S. Navy awarded Raytheon a $1.81 billion contract modification for SPY-6 radar production and sustainment through July 2031, with options potentially raising total value to $3.39 billion. The SPY-6 radar family detects aircraft, missiles, surface threats and electronic warfare activity for Navy fleet air and missile defense capabilities.

Andover, MassachusettsAerospaceManufacturing/Production

Investors U.S. Navy

$1.2BOther

Iceye raises $1.2B Series F for radar-imaging satellite production expansion

Finnish satellite operator Iceye raised $1.2 billion in Series F funding to expand radar-imaging satellite production amid NATO backlogs. The round highlights growing defense and security demand for commercial space-based surveillance capabilities supporting allied defense requirements.

FinlandSpace/SatellitesAerospace

Investors Space Capital

$3MSeed

QOSMIC raises $3.33M seed for optical ground stations for orbital data

QOSMIC raised $3.33M seed funding to build optical ground stations for satellite data downlinks at terabit scale. The technology enables high-capacity laser-based communication between orbital data centers and Earth, addressing critical bottlenecks in space-based computing infrastructure.

Bengaluru, IndiaSpace/SatellitesCommunicationsAI/ML

Investors Accel, Prosus, South Park Commons, ARTPARK, Manish Jain

$100MGovernment Support

Army Issues $100M Advanced Manufacturing Research Center Contract Solicitation

The U.S. Army issued a solicitation for a $100M contract to establish an Advanced Manufacturing Applied Research & Technology Development Center. The center will coordinate advanced manufacturing research across universities and nonprofits, focusing on additive manufacturing, generative design, and AI-driven production methods for defense applications.

United StatesManufacturing/ProductionAdvanced MaterialsAI/ML

$750MGovernment Support

SkyAlyne/PAL Aerospace C$750M RCAF Training Agreement

PAL Aerospace and SkyAlyne reached a C$750 million contract to modify CT-142Q aircraft, provide aircrew training, and deliver in-service support for Canada's Future Aircrew Training (FAcT) program. The long-term agreement supports Royal Canadian Air Force modernization and personnel training on advanced military aviation systems.

CanadaAerospaceManufacturing/Production

Investors PAL Aerospace, SkyAlyne

$65MSeries B

Senra raises $65M Series B for defense-focused wire harness manufacturing

Senra, founded by a SpaceX veteran, raised $65M Series B to modernize wire harness production for defense contractors, aerospace manufacturers, and satellite builders. The company uses software automation and training to replace Cold War-era manual processes in critical electrical cabling production for submarines, maritime vehicles, and launch systems.

Manufacturing/ProductionAerospace

Investors Lowercarbon, Interlagos, General Catalyst, Sequoia Capital, Andreessen Horowitz, Founders Fund

$10MGovernment Support

Navy Awards Ursa Major $10M Contract for Standard Missile Rocket Motors

U.S. Navy awarded Ursa Major a $10 million development contract to advance the MK 104 solid rocket motor through critical design review and static fire testing. The motor powers Standard Missile-2 and -6 air defense interceptors for Aegis destroyers, addressing critical SRM production bottlenecks in the defense industrial base.

United StatesMunitions/WeaponsAerospaceManufacturing/Production

Investors U.S. Navy

$400MGovernment Support

Kratos Lands $400M DOW Hypersonic Funding for Nemesis and Kraken Programs

Kratos Defense received $400M from the Department of War to advance hypersonic systems development under Nemesis and Kraken initiatives. The funding supports propulsion and flyer systems for tactical hypersonic applications including the Erinyes Hypersonic Flyer and solid rocket motors.

AerospaceMunitions/Weapons

Investors Department of War

$69MGovernment Support

Space Force awards Slingshot $69.2M for AI-enabled satellite training

Slingshot Aerospace received a $69.2M Space Force contract to develop AI-enabled training environments for satellite defense operations. The SBIR Phase 3 contract supports realistic mission rehearsal and decision-making training for Space Force personnel in contested space scenarios.

Windsor, ColoradoAI/MLSpace/SatellitesSoftware/IT

Investors U.S. Space Force

$1.2BOther

Iceye raises $1.2B Series F for radar-imaging satellite production

Finnish satellite operator Iceye raised $1.2 billion in Series F funding to expand radar-imaging satellite production amid NATO backlogs. The round supports increased manufacturing capacity for defense and intelligence applications in space-based imaging.

FinlandSpace/SatellitesAerospace

Investors Space Capital

$3MSeed

QOSMIC raises $3.33M seed for optical ground stations

QOSMIC raised $3.33M seed funding to build optical ground stations for satellite data downlinks at terabit scale. The laser-based infrastructure enables high-capacity connectivity between orbital data centers and Earth, supporting the shift toward in-orbit computing and addressing spectrum limitations of RF systems.

Bengaluru, IndiaSpace/SatellitesCommunicationsSoftware/IT

Investors Accel, Prosus, South Park Commons, ARTPARK, Manish Jain

$10MGovernment Support

Navy awards Ursa Major $10M contract for Standard Missile rocket motors

Navy development contract for Ursa Major to advance MK 104 solid rocket motor through critical design review and static fire testing for Standard Missile-2 and -6 air defense interceptors. Addresses critical SRM production bottleneck in naval defense systems.

United StatesMunitions/WeaponsManufacturing/Production

Investors U.S. Navy

Tuesday, July 14, 2026

Corporate M&A

Truelink Capital acquires MEP services provider Horwitz

Truelink Capital acquired Horwitz, a mechanical, electrical, and plumbing (MEP) services provider serving data centers, semiconductor fabrication, medtech, and advanced manufacturing sectors. The acquisition supports Truelink's strategy to build a diversified MEP services platform with operational improvements and M&A expansion.

New Hope, MinnesotaManufacturing/Production

Investors Truelink Capital

$125MSeries C

BRINC Raises $125M for Public Safety Drone Manufacturing Expansion

BRINC, a public safety drone manufacturer, closed a $125M Series C round led by Motorola Solutions to expand domestic manufacturing capacity and deploy 911 response drones to U.S. police and fire stations. The investment supports scaling production to meet surging demand from public safety agencies.

Seattle, WashingtonAutonomous Systems/DronesManufacturing/Production

Investors Motorola Solutions, Index Ventures, Dylan Field

$125MCorporate Venture

BRINC Raises $125M for 911 Response Drone Manufacturing Expansion

BRINC secured $125M led by Motorola Solutions to expand domestic manufacturing capacity and deploy emergency response drones to 80,000 US police and fire stations. The investment will fund facility expansion, new product development, and scaling of go-to-market operations for public safety drone technology.

United StatesAutonomous Systems/DronesManufacturing/Production

Investors Motorola Solutions, Index Ventures, Dylan Field

$125MFund Raise

BRINC Raises $125M for Police and Fire Station Response Drones

BRINC raised $125M to deploy drone-based first responder systems to police and fire stations nationwide. The funding supports expansion of its LEMUR 2 tactical drone platform for law enforcement crisis response, including communications, surveillance, and payload delivery.

Autonomous Systems/Drones

$125MFund Raise

BRINC Raises $125M for Police and Fire Station Response Drones

BRINC Drones raised $125M to scale deployment of emergency response drones to police and fire stations nationwide. The funding supports the company's mission to provide first responders with advanced aerial technology for public safety operations.

Las Vegas, NevadaAutonomous Systems/Drones

$2.2BGovernment Support

Navy awards TOTE $2.2B to manage Medium Landing Ships construction

The U.S. Navy awarded TOTE Services a $2.2 billion Vessel Construction Management contract to oversee construction of up to eight new Medium Landing Ships (LSMs) for amphibious operations in the Indo-Pacific. The contract uses a commercial VCM approach to accelerate shipbuilding, with Bollinger Shipyards and Fincantieri Marinette Marine as primary subcontractors.

Jacksonville, FloridaAerospaceManufacturing/Production

Investors U.S. Navy

$548MGovernment Support

DoD Awards $548M in APFIT Funds for Innovative Tech Transition

DoD announced 30 awards totaling $548.1M under the APFIT program to help companies transition innovative solutions into production, including the first-ever software-focused investments. Total APFIT funding exceeds $2B since program launch.

Software/ITOther

Investors U.S. Department of Defense

$80MSeries A

Singularity Raises $80M Series A for Low-Cost Air Defense Systems

Singularity, developing low-cost air defense systems to counter munitions, raised $80M Series A led by Khosla Ventures and Felicis. Funds will scale production and deployment of internally-developed hardware and software for air defense capabilities.

Los Angeles, CaliforniaMunitions/WeaponsAutonomous Systems/Drones

Investors Khosla Ventures, Felicis

$71MContract Award

Booz Allen Wins $70.6M USTRANSCOM Cybersecurity Modernization Contract

Booz Allen Hamilton secured a $70.6 million contract to deliver cybersecurity modernization capabilities for USTRANSCOM's IT enterprise. The work covers security orchestration, automation and response, plus DevSecOps and zero-trust architecture across multi-cloud environments.

Arlington, VirginiaCybersecuritySoftware/IT

Investors U.S. Transportation Command

$1.8BFund Raise

Helsing raises $1.8B, establishes $50M US drone manufacturing facility in West Virginia

German defense firm Helsing raised $1.8B in funding and announced a $50M investment to establish its first US manufacturing facility in West Virginia for producing HX-2 loitering munitions. The facility will achieve initial operating capability by November 2026 and support production of up to 2,000 drones monthly, strengthening US defense industrial base.

Martinsburg, West VirginiaAutonomous Systems/DronesAI/MLManufacturing/Production

$50MSeries A

Valarian Raises $50M Series A for AI Sovereign Infrastructure

Valarian raised $50M Series A to build sovereign infrastructure for AI-driven systems serving defense and government organizations. The platform enables enterprises and nations to maintain control over critical applications and AI systems at the infrastructure layer, addressing concerns about AI consolidation among few providers and national security implications.

London, UKAI/MLSoftware/ITCybersecurity

Investors New Enterprise Associates, Lightbank, XTX Markets, Sequel, LitVC, Gokul Rajaram, Nikesh Arora

$100MGovernment Support

Kratos awarded $100M space domain awareness system production contract

Kratos Defense received a sole-source prime contract for production of a ground-based modular space domain awareness system. The system has been developed and tested, and now enters full production to support U.S. space capabilities.

Space/SatellitesAerospace

$1.8BGovernment Support

SDA Awards $1.75B in AMDT3 Prototype Agreements to L3Harris, Sierra Space

SDA awarded $1.75B in prototype agreements to L3Harris ($955M) and Sierra Space ($798M) to develop 36 Accelerated Missile Defense Tranche 3 space vehicles for missile warning, tracking, and defense. Spacecraft will be deployed across four orbital planes for the Tracking Layer of PWSA, with launch expected by end of 2028.

United StatesSpace/SatellitesAerospaceMunitions/Weapons

Investors Space Development Agency

$450MPublic Markets

Vita Inclinata Technologies SPAC merger with Tavia at $450M valuation

Vita Inclinata Technologies, a developer of load stabilization and precision positioning systems for military and commercial aerospace applications, signed a non-binding LOI with SPAC Tavia Acquisition Corp for a de-SPAC transaction valuing the company at $450M pre-money. The deal targets Q4 2026 close and positions Vita for growth in defense and industrial markets.

London, United KingdomAerospaceAdvanced MaterialsManufacturing/Production

Investors Tavia Acquisition Corp

$1.8BSeries C

Helsing raises $1.8B Series funding round, values company at $18B

German defense firm Helsing completed a new funding round raising $1.8 billion, bringing total valuation to $18 billion. The company simultaneously announced its first US manufacturing facility in West Virginia with $50 million initial investment to produce HX-2 loitering munitions at scale.

Munich, GermanyAutonomous Systems/DronesAI/ML

$2.2BGovernment Support

Navy awards TOTE $2.2B to manage Medium Landing Ships construction

The Navy awarded TOTE Services a $2.2 billion Vessel Construction Management contract to oversee construction of up to eight Medium Landing Ships (LSMs) for the Marine Corps. The contract includes subcontracts with Bollinger Shipyards and Fincantieri Marinette Marine, with construction beginning in 2026 and first delivery expected in fall 2029.

Jacksonville, FloridaAerospaceManufacturing/Production

Investors U.S. Navy

Corporate M&A

Truelink Capital acquires Horwitz, MEP services provider

Truelink Capital acquired Horwitz, a mechanical, electrical, and plumbing (MEP) services provider, from Svoboda Capital Partners. Horwitz serves data centers, medtech, semiconductor fabrication, and advanced manufacturing sectors across the Midwest, providing critical infrastructure services.

New Hope, MinnesotaManufacturing/Production

Investors Truelink Capital

$71MContract Award

Booz Allen Wins $70.6M USTRANSCOM Cybersecurity Modernization Contract

Booz Allen Hamilton secured a $70.6M contract to deliver cybersecurity modernization capabilities for USTRANSCOM's IT enterprise, covering security orchestration/automation and zero-trust DevSecOps implementation. The award supports global mobility operations through multi-cloud integration and API management solutions.

Arlington, VirginiaCybersecuritySoftware/IT

Investors U.S. Transportation Command

$548MGovernment Support

DoD Awards $548M in APFIT Funds for Innovative Technology Transition

DoD awarded $548.1M across 30 contracts under APFIT program to help companies transition innovative solutions into production. Includes first-ever software solution awards, bringing total program value to over $2B since launch.

Software/ITOther

Investors U.S. Department of Defense

$80MSeries A

Singularity raises $80M Series A for low-cost air defense systems

Singularity, a defense startup developing low-cost air defense systems to counter low-cost munitions, raised $80M in Series A funding. The capital will fund scaling of the company's hardware and software development, with plans for mass production and deployment.

Los Angeles, CaliforniaAutonomous Systems/DronesManufacturing/Production

Investors Khosla Ventures, Felicis

$125MVenture Capital

BRINC closes $125M funding round led by Motorola Solutions for drone manufacturing expansion

BRINC, a public safety drone manufacturer, raised $125M to expand domestic manufacturing capacity and scale deployment of emergency response drones to U.S. police and fire stations. The funding enables facility expansion and new product launches to meet surging demand from public safety agencies.

Seattle, WashingtonAutonomous Systems/DronesManufacturing/Production

Investors Motorola Solutions, Index Ventures, Dylan Field

$125MCorporate Venture

BRINC Raises $125M for 911 Response Drone Deployment

BRINC raised $125M led by Motorola Solutions to expand domestic manufacturing and deploy 911 response drones to 80,000 police and fire stations nationwide. The investment funds facility expansion, new product development, and scaling operations for emergency response drone technology.

United StatesAutonomous Systems/Drones

Investors Motorola Solutions, Index Ventures, Dylan Field

$125MFund Raise

BRINC Raises $125M for Police Drone First Responder Program

BRINC raised $125M to expand deployment of its LEMUR 2 tactical drones to police and fire stations for emergency first responder use. The funding supports scaling the Drone as First Responder (DFR) program across public safety agencies globally.

Autonomous Systems/Drones

$125MOther

BRINC Raises $125M for Public Safety Drone Expansion

BRINC Drones raised $125M to expand deployment of emergency response drones to police and fire stations. While primarily focused on public safety, the technology has dual-use applications for defense and emergency response scenarios.

Las Vegas, NevadaAutonomous Systems/Drones

$2.2BGovernment Support

Navy awards TOTE $2.2B for Medium Landing Ships management contract

The U.S. Navy awarded TOTE Services a $2.2 billion Vessel Construction Management contract to oversee procurement and construction of up to eight Medium Landing Ships (LSMs) for the Marine Corps. The contract includes management of subcontracts with Bollinger Shipyards and Fincantieri Marinette Marine, supporting the Navy's Indo-Pacific capabilities.

Jacksonville, FloridaAerospaceManufacturing/Production

Investors U.S. Navy

$548MGovernment Support

DoD Awards $548M in APFIT Funds for Innovative Defense Tech Transition

DoD announced $548.1M in APFIT program awards across 30 contracts to help companies transition innovative solutions into production, including first-ever software-focused investments. Total program value exceeds $2B since launch.

Software/ITOther

Investors U.S. Department of Defense

$80MSeries A

Singularity raises $80M Series A for low-cost air defense systems

Singularity emerged from stealth with an $80M Series A to scale development of low-cost air defense systems designed to counter similarly low-cost munitions. The company plans mass production and deployment of internally-developed hardware and software.

Los Angeles, CaliforniaAutonomous Systems/DronesMunitions/Weapons

Investors Khosla Ventures, Felicis

Monday, July 13, 2026

$2.2BGovernment Support

TOTE Wins $2.2B Navy LSM Management Contract

TOTE Services LLC awarded $2.2B Navy contract to serve as Vessel Construction Manager overseeing subcontractors for construction of up to 8 Medium Landing Ships, with options potentially raising total value to $2.6B. Critical to Navy's future amphibious warfare capability.

United StatesAerospaceManufacturing/Production

$1.8BGovernment Support

L3Harris and Sierra Space receive $1.75B for SDA Tranche 3 tracking layer

L3Harris and Sierra Space received $1.75B in government contracts via Other Transaction Authority for expedited development and launch of Tranche 3 Tracking Layer satellites for missile defense by end of 2028. Part of the Accelerated Missile Defense program to enhance U.S. space-based tracking capabilities.

Space/SatellitesAerospace

Investors Space Development Agency

$100MGovernment Support

DoD Awards CACI $100M Counter-UAS Contract for Southern Border Defense

DoD awarded CACI International a $100M contract to supply SkyValor counter-UAS systems to Joint Task Force-Southern Border. The deal includes training, installation, maintenance and software support for counter-drone operations along the U.S. southern border.

United StatesAutonomous Systems/DronesElectronic Warfare

Investors U.S. Department of Defense

$25MGovernment Support

Pentagon Invests $25M in ReElement for Recycled Rare Earth Magnet Processing

DoD awarded ReElement Technologies $25M from the Industrial Base Fund to expand production of recycled rare earth magnets and critical materials including rare earth oxides, yttrium, and gadolinium. Investment aims to strengthen domestic defense supply chain resilience for critical materials.

Advanced MaterialsManufacturing/Production

Investors U.S. Department of Defense

$2.2BGovernment Support

TOTE Wins $2.2B Navy LSM Management Contract

TOTE Services LLC awarded $2.2B contract as Vessel Construction Manager for Navy's Landing Ship Medium (LSM) program, managing subcontracts for construction of up to eight vessels with options bringing total value to $2.6B. Critical for modernizing Navy amphibious capacity.

United StatesAerospace

$1.8BGovernment Support

L3Harris and Sierra Space Win $1.75B SDA Tranche 3 Tracking Layer Contracts

L3Harris ($955M) and Sierra Space ($798M) received fixed-price OTA rapid prototyping contracts from SDA for Tranche 3 Tracking Layer satellites, including hypersonic and ballistic tracking space sensors for missile defense with expedited launch by end of 2028.

Space/SatellitesAerospace

Investors Space Development Agency

$162MCorporate M&A

Voyager completes $162M acquisition of lunar infrastructure company Astrobotic

Voyager Technologies completed acquisition of Astrobotic Technology for $162M cash/stock plus $9M debt assumption and up to $129M in earnouts. Astrobotic develops lunar landers and infrastructure for NASA missions, with operations expanding in Pennsylvania for lunar and Mars exploration capabilities supporting national space leadership.

Pittsburgh, PennsylvaniaAerospaceSpace/SatellitesManufacturing/Production

Investors Voyager Technologies

$1.8BOther

Helsing raises $1.8B in Series E, Europe's largest defense startup round

German defense-tech startup Helsing raised $1.8B in Series E funding to accelerate AI platform development and integration for defense capabilities. The company, valued at $18B, develops AI-enabled systems including the HX-2 strike drone and battlefield-operations software for partner nations.

Munich, GermanyAI/MLAutonomous Systems/DronesSoftware/IT

Investors Lightspeed Venture Partners, General Catalyst, Prima Materia, Accel, Greenoaks

$25MSeries B

Orbit Fab Series B Launch with $25M+ Interim Financing

Orbit Fab launched its Series B funding round with over $25M in interim financing led by Stride Capital. The in-space refueling infrastructure company is transitioning from technology development to commercial operations with a planned 2027 launch of its first integrated refueling architecture.

Space/SatellitesAerospace

Investors Stride Capital

$1.8BOther

Helsing Raises $1.8B Series E at $18B Valuation for Defense AI

European defense technology company specializing in AI raised $1.8B Series E to accelerate development and deployment of AI platforms for military operations. Funds will expand technology portfolio, increase production capabilities, and deepen partnerships with allied governments for autonomous systems and software-defined defense capabilities.

EuropeAI/MLSoftware/ITAutonomous Systems/Drones

Investors Dragoneer Investment Group, Lightspeed Venture Partners, Disruptive, ICONIQ, Growth Equity at Goldman Sachs Alternatives, JPMorganChase, CPP Investments, General Catalyst, Plural, StepStone Group

$4MGovernment Support

UK MoD awards GBP 3.16M for low-cost interceptor development

UK MoD awarded GBP 3.16M to three suppliers (Frankenberg Technologies, Greenjets, Cambridge Aerospace) to develop low-cost interceptors for counter-drone defense. Part of European LEAP program involving UK, Poland, France, Italy, and Germany to strengthen affordable air defense capabilities.

United KingdomAutonomous Systems/DronesMunitions/WeaponsManufacturing/Production

Investors UK Ministry of Defence

$3MCorporate M&A

T3 Defense acquires 60% stake in Project35 for counter-UAS technology

T3 Defense acquired a 60% stake in Project35, an Israeli developer of counter-UAS interceptor drones with AI-guided systems. T3 is investing $2.5M over 12 months to scale production and expand customer programs for the autonomous aerial interceptor technology.

IsraelAutonomous Systems/DronesElectronic WarfareAI/ML

Investors T3 Defense Inc.

$1.8BGovernment Support

L3Harris, Sierra Space awarded $1.75B for 36 missile-tracking satellites

Space Development Agency awards $1.75B in contracts to L3Harris ($955M) and Sierra Space ($798M) to build 36 missile warning and tracking satellites for the Tracking Layer of the Proliferated Warfighter Space Architecture. Satellites will detect, track, and support defense against ballistic and hypersonic missile threats.

United StatesSpace/SatellitesAerospaceMunitions/Weapons

Investors U.S. Space Force Space Development Agency

$3MSeed

QOSMIC raises $3.33M seed for optical ground stations

QOSMIC raised $3.33M seed funding to build optical ground stations for satellite data downlinks at terabit scales. The technology enables high-capacity laser-based connectivity between orbital data centers and Earth, critical for the emerging space computing economy and national space infrastructure.

Bengaluru, IndiaSpace/SatellitesCommunicationsSoftware/IT

Investors Accel, Prosus, South Park Commons, ARTPARK, Manish Jain

$162MCorporate M&A

Voyager completes $162M acquisition of Astrobotic lunar infrastructure company

Voyager Technologies completed its acquisition of Astrobotic Technology for $162 million in cash and stock plus $9 million debt assumption, with $129 million in earnout payments tied to performance milestones. The deal consolidates lunar lander capabilities and includes Voyager's commitment to expand Pittsburgh facilities and invest in lunar infrastructure development supporting NASA missions.

Pittsburgh, PennsylvaniaAerospaceSpace/SatellitesManufacturing/Production

Investors Voyager Technologies

$1.8BOther

Helsing raises $1.8B in Series E, Europe's largest defense-startup round

German AI defense-tech startup Helsing raised $1.8B in Series E funding at $18B valuation, Europe's largest defense-startup round. Funds accelerate development of AI platforms including HX-2 strike drone, Altra battlefield-operations software, and CA-1 autonomous fighter jet concepts for partner nations.

Munich, GermanyAI/MLAutonomous Systems/DronesSoftware/IT

Investors Lightspeed Venture Partners, General Catalyst, Prima Materia, Accel, Greenoaks

$1.8BGovernment Support

SDA Awards $1.75B Contracts for 36 Golden Dome Missile Tracking Satellites

Space Development Agency awarded $1.75B in contracts to L3Harris and Sierra Space (18 satellites each) for Golden Dome missile defense tracking constellation in low-Earth orbit. Part of accelerated Tranche 3 effort to deploy global persistent missile warning, detection, and tracking capabilities for homeland and allied defense.

United StatesSpace/SatellitesAerospaceMunitions/Weapons

Investors L3Harris, Sierra Space

$100MGovernment Support

DoD Awards CACI $100M Counter-UAS Contract for Southern Border Defense

DoD awarded CACI International a $100M contract to supply SkyValor counter-unmanned aircraft systems (C-UAS) for Joint Task Force-Southern Border operations. Contract includes training, installation, maintenance, and software support for border security operations.

United StatesAutonomous Systems/DronesElectronic Warfare

Investors U.S. Department of Defense

$25MSeries B

Orbit Fab Launches Series B with $25M+ Interim Financing

Orbit Fab secured over $25M in interim financing as it launches its Series B funding round to support market expansion, infrastructure deployment, and customer acquisition for its in-space refueling infrastructure. The company is transitioning from technology development to commercial operations with a planned 2027 launch of its first fully integrated refueling architecture.

Space/SatellitesAerospace

Investors Stride Capital

$25MGovernment Support

Pentagon awards ReElement Technologies $25M for rare earth magnet recycling

DoD's Industrial Base Fund awarded $25M to ReElement Technologies to expand processing of recycled rare earth magnets and critical materials. Funds support equipment and working capital to increase production of high-purity rare earth oxides and specialty materials for domestic defense manufacturing.

Advanced MaterialsManufacturing/Production

Investors U.S. Department of Defense

$25MGovernment Support

Booz Allen Wins $25.3M Air Force Quantum Research Contract

Booz Allen Hamilton secured a potential five-year cost-plus-fixed-fee contract worth $25.3M from the U.S. Air Force to support research, development, test and evaluation of quantum information science technologies. The work supports quantum-accelerated technology advancement efforts for national advantage through July 2031.

McLean, VirginiaAI/MLSoftware/IT

Investors U.S. Air Force

$4MGovernment Support

UK MoD awards £3.16M to three firms for low-cost drone interceptor development

UK MoD awarded £3.16M to Frankenberg Technologies, Greenjets, and Cambridge Aerospace to develop affordable interceptors for counter-drone air defence. Part of the LCADE programme under the five-nation LEAP initiative involving UK, Poland, France, Italy and Germany to strengthen European air defence capabilities.

United KingdomAutonomous Systems/DronesMunitions/WeaponsManufacturing/Production

Investors UK Ministry of Defence

$1.8BGovernment Support

L3Harris and Sierra Space awarded $1.75B for 36 missile-tracking satellites

The U.S. Space Force's Space Development Agency awarded $1.75B in contracts to L3Harris ($955M) and Sierra Space ($798M) to build 36 missile warning and tracking satellites for the Proliferated Warfighter Space Architecture constellation. The satellites will expand the Tracking Layer's capability to detect and track ballistic and hypersonic missile threats for the Trump administration's Golden Dome missile defense initiative.

United StatesAerospaceSpace/Satellites

Investors U.S. Space Force Space Development Agency

$162MCorporate M&A

Voyager completes $162M acquisition of lunar company Astrobotic

Voyager Technologies completed acquisition of Astrobotic Technology for $162M cash/stock plus $9M debt assumption and up to $129M in earnouts. Astrobotic develops lunar landers and infrastructure; deal includes Pittsburgh facility expansion for scaled lunar and Mars robotics programs supporting NASA missions.

Pittsburgh, PennsylvaniaAerospaceSpace/Satellites

Investors Voyager Technologies

$1.8BGovernment Support

SDA Awards $1.75B Contracts for 36 Golden Dome Missile Tracking Satellites

Space Development Agency awarded $1.75B in contracts to L3Harris and Sierra Space to build 36 satellites for the Golden Dome missile defense shield. The satellites will provide global missile tracking, detection, and warning capabilities for the Pentagon's space-based layer of ballistic missile defense.

United StatesSpace/SatellitesAerospaceMunitions/Weapons

Investors L3Harris, Sierra Space

$2.2BGovernment Support

TOTE Wins $2.2B Navy LSM Vessel Construction Manager Contract

TOTE Services LLC awarded $2.2 billion contract as Vessel Construction Manager for U.S. Navy's Landing Ship Medium (LSM) program, managing subcontracts for construction of up to eight ships with options potentially raising total value to $2.6 billion.

United StatesAerospaceManufacturing/Production

Investors U.S. Navy

$25MGovernment Support

Pentagon Invests $25M with ReElement for Rare Earth Magnet Recycling

DoD awarded ReElement Technologies $25M from its Industrial Base Fund to expand processing of recycled rare earth magnets and critical materials. Investment supports domestic supply chain resilience for defense production of high-purity rare earth oxides and other strategic materials.

Advanced MaterialsManufacturing/Production

Investors U.S. Department of Defense

$1.8BOther

Helsing raises $1.8B Series E, Europe's biggest defense-startup round

German defense-tech startup Helsing raised $1.8B in Series E funding, valuing the company at $18B. The capital will accelerate development of AI platforms and autonomous defense systems including the HX-2 strike drone and Altra AI-enabled battlefield operations software for partner nations.

Munich, GermanyAI/MLAutonomous Systems/DronesSoftware/IT

Investors Lightspeed Venture Partners, General Catalyst, Prima Materia, Accel, Greenoaks

$1.8BGovernment Support

L3Harris and Sierra Space Win $1.75B SDA Tranche 3 Tracking Layer Contracts

L3Harris ($955M) and Sierra Space ($798M) received Other Transaction Authority contracts to build hypersonic and ballistic tracking satellites for the Space Development Agency's Tranche 3 constellation by end of 2028. Awards support accelerated missile defense tracking layer deployment.

United StatesSpace/SatellitesAerospace

Investors Space Development Agency

$1.8BGovernment Support

L3Harris and Sierra Space win $1.75B Golden Dome missile defense contracts

Space Development Agency awarded L3Harris $955M and Sierra Space $798M under Accelerated Missile Defense Tranch 3 to develop 18 hypersonic and ballistic tracking space sensor vehicles for Golden Dome's space-based missile defense infrastructure across two orbital planes.

United StatesAerospaceSpace/SatellitesMunitions/Weapons

Investors Space Development Agency

$100MGovernment Support

DoD Awards CACI $100M Counter-UAS Contract for Southern Border

DoD awarded CACI International a $100M contract to supply SkyValor counter-unmanned aircraft systems (C-UAS) to Joint Task Force-Southern Border. The contract includes training, installation, maintenance, and software support for border security operations.

United StatesAutonomous Systems/DronesElectronic Warfare

Investors U.S. Department of Defense

$1.8BGovernment Support

L3Harris, Sierra Space awarded $1.75B for 36 missile-tracking satellites

L3Harris and Sierra Space received $1.75B in contracts to build 36 satellites for the Tracking Layer of the Proliferated Warfighter Space Architecture, expanding U.S. missile warning and defense capabilities. The satellites will detect, track, and help defend against ballistic and hypersonic missile threats for the Space Force's Space Development Agency.

United StatesSpace/SatellitesAerospaceMunitions/Weapons

Investors U.S. Space Force Space Development Agency

Sunday, July 12, 2026

$38MVenture Capital

Emesent Raises A$25M for AI Autonomy Platform Serving Defense and Mining

Emesent raised A$25M (A$10M venture debt from NRFC plus A$15M equity) to scale its Cortex AI autonomy platform and Aura cloud software for autonomous mapping and robotics. The company serves defense, mining, and critical infrastructure sectors with LiDAR-based autonomous systems for GPS-denied environments.

Brisbane, AustraliaAutonomous Systems/DronesAI/MLSoftware/IT

Investors National Reconstruction Fund Corporation, Main Sequence, QIC Ventures, Orion Resource Partners, Hostplus, NGS Super

Saturday, July 11, 2026

$1.2BFund Raise

Paradigm Raises $1.2B Fourth Fund for AI, Robotics, and Crypto

Paradigm closed its $1.2B fourth venture fund focused on technical frontier startups including AI, robotics, and crypto infrastructure. The fund will back autonomous systems, on-chain compute, and defense-adjacent technologies including prior investments in defense startup True Anomaly.

AI/MLAutonomous Systems/DronesSoftware/IT

Friday, July 10, 2026

Government Support

US-Ukraine drone production deal progresses; testing underway on $35-50B partnership

Ukraine confirms testing underway on multibillion-dollar drone production partnership with US, with plans for 50-50 joint venture involving up to 200 Ukrainian companies. Deal also includes US license for Ukraine to manufacture Patriot interceptors domestically.

UkraineAutonomous Systems/DronesManufacturing/Production

Investors United States Government

$821MGovernment Support

Accenture Federal Services Wins $821M War Data Platform Task Order

Accenture Federal Services won a five-year, $821M task order from the Department of War's Chief Digital and Artificial Intelligence Office to provide core integration support for the War Data Platform, which enables standardized data access for agentic AI applications across DOW and supports the department's AI strategy and warfighting capabilities.

United StatesAI/MLSoftware/IT

$42.5BGovernment Support

US-Ukraine drone production deal testing underway, valued $35-50B

The US and Ukraine are advancing a multibillion-dollar drone production partnership, with testing now underway on Ukrainian aerial and maritime drones. The deal would establish a 50-50 production venture involving up to 200 Ukrainian companies, alongside a separate agreement granting Ukraine a license to manufacture Patriot interceptors.

Ukraine, United StatesAutonomous Systems/DronesManufacturing/Production

Investors United States Government

$4MGovernment Support

Australia Awards $4.3M AUKUS Maritime Innovation Challenge Contracts

Australian Defence Ministry awarded $4.3M to three companies (BAE Systems Australia, L3Harris Integrated Mission Systems Australia, Mission Systems Pty Ltd) for AUKUS Pillar II innovation challenge focused on undersea communications and autonomous vehicle control systems for collaborative defense capabilities.

AustraliaAutonomous Systems/DronesCommunicationsSoftware/IT

Investors Australian Defence Ministry

$180MGovernment Support

House Appropriators Recommend $180M for HH-60W Jolly Green II Helicopters

House Appropriations Committee's fiscal 2027 defense bill includes $180M for additional Air Force HH-60W Jolly Green II combat search and rescue helicopters produced by Lockheed Martin. The funding supports development of a degraded visual environment system (DVES) for enhanced operational capability.

United StatesAerospace

Investors U.S. House Appropriations Committee

$821MGovernment Support

Accenture Federal Services Wins $821M War Data Platform Task Order

Accenture Federal Services awarded a five-year, $821M task order to provide core integration support for the Department of War's Chief Digital and Artificial Intelligence Office War Data Platform. The WDP expands Advana's data integration layer to provide standardized data for secure development of agentic AI applications across DOW.

AI/MLSoftware/IT

Investors Department of War

$42.5BGovernment Support

US-Ukraine drone production deal testing underway, $35-50B partnership

US and Ukraine have begun testing Ukrainian-made aerial and maritime drones with positive feedback. A major multibillion-dollar drone production partnership valued at $35-50B is moving forward, involving a 50-50 production venture drawing on 200+ Ukrainian defense companies to boost both nations' drone capabilities.

Ukraine, United StatesAutonomous Systems/DronesManufacturing/Production

Investors United States Government

$4MGovernment Support

Australia Awards $4.3M AUKUS Maritime Innovation Contracts to Three Companies

Australian Defence Ministry awarded $4.3M to BAE Systems Australia, L3Harris Integrated Mission Systems Australia, and Mission Systems Pty Ltd for AUKUS Pillar II technologies. Focus is undersea communications, autonomous vehicle control, and command systems development for advanced maritime capabilities.

AustraliaAutonomous Systems/DronesCommunicationsSoftware/IT

Investors Australian Defence Ministry

$180MGovernment Support

House Appropriators Recommend $180M for Additional HH-60W Jolly Green II Helicopters

House Appropriations Committee's fiscal 2027 defense bill includes $180 million for additional Air Force HH-60W Jolly Green II combat search and rescue helicopters manufactured by Lockheed Martin, including development of a degraded visual environment system (DVES) for enhanced operational capability.

United StatesAerospace

Investors U.S. House Appropriations Committee

$821MGovernment Support

Accenture Federal Services Wins $821M War Data Platform Task Order

Accenture Federal Services won a five-year, $821M task order from the Department of War's Chief Digital and Artificial Intelligence Office to provide core integration support for the War Data Platform. The platform enables standardized data access to accelerate agentic AI adoption and support warfighting missions across the Department of War.

United StatesAI/MLSoftware/IT

$4MGovernment Support

Australia Awards $4.3M to Three Defense Companies for AUKUS Maritime Innovation

Australian Defence Ministry awarded $4.3M across three companies (BAE Systems Australia, L3Harris Integrated Mission Systems Australia, Mission Systems Pty Ltd) under the 2025 AUKUS Maritime Innovation Challenge. Funding supports development of undersea communications and autonomous vehicle control capabilities for AUKUS Pillar II signature project.

AustraliaAutonomous Systems/DronesCommunicationsSoftware/IT

Investors Australian Defence Ministry

$180MGovernment Support

House Appropriators Recommend $180M for Air Force HH-60W Helicopters

House Appropriations Committee fiscal 2027 defense bill includes $180 million for additional Air Force HH-60W Jolly Green II combat search and rescue helicopters by Lockheed Martin. Funding supports development of degraded visual environment system (DVES) for enhanced operational capability.

United StatesAerospace

Investors U.S. House Appropriations Committee

Thursday, July 9, 2026

$300MCorporate M&A

York Space Systems Acquires ALL.SPACE for $300M to Expand SATCOM

York Space Systems finalized acquisition of ALL.SPACE for $300M, combining jam-resistant satellite communications terminals with York's space infrastructure and mission operations. The deal strengthens resilient communications for warfighters and unmanned systems in GPS-denied and contested environments.

Space/SatellitesCommunications

Investors York Space Systems

$40MGovernment Support

Space Force awards Pulse Space $40M for laser power transmission technology

Pulse Space received a $40M Space Force contract to advance laser-based technology for wirelessly transmitting power and data between spacecraft. The technology supports resilient satellite networks and the Pentagon's Golden Dome missile defense architecture through optical communications and directed energy transmission capabilities.

Bellevue, WashingtonSpace/SatellitesCommunicationsAdvanced Materials

Investors U.S. Space Force

$10BVenture Capital

Blue Origin raises $10B from Coatue Management, valuing company at $130B

Blue Origin's first outside investment of $10 billion led by Coatue Management to fund launch services expansion, New Glenn rocket production scaling, and satellite constellation development including TeraWave and Project Sunrise. Significant for defense/national security as Blue Origin is a key NASA Artemis contractor and military launch provider.

United StatesAerospaceSpace/Satellites

Investors Coatue Management

$300MCorporate M&A

York Space Systems Acquires ALL.SPACE for $300M to Expand SATCOM

York Space Systems completed acquisition of ALL.SPACE, a satellite communications terminal provider, for $300M. The deal adds jam-resistant, multi-link SATCOM technology for contested environments, strengthening resilient communications for warfighters and unmanned systems in GPS-denied operational domains.

Space/SatellitesCommunicationsAutonomous Systems/Drones

Investors York Space Systems

$308MGovernment Support

CACI Lands $308M VA Contract for Financial Management Systems

CACI secured a six-year, $308 million contract from the Department of Veterans Affairs to operate and maintain the agency's cloud-based Integrated Financial and Acquisition Management System (iFAMS). The work includes modernizing the VA's enterprise resource planning capabilities to replace legacy financial systems and improve operational efficiency.

Potomac, MarylandSoftware/IT

Corporate M&A

BTQ Technologies Completes Acquisition Of QPerfect

BTQ Technologies completed its acquisition of French quantum computing company QPerfect, adding quantum software emulation, digital twin capabilities, and quantum control systems. The acquisition strengthens BTQ's neutral-atom quantum platform and post-quantum cryptography solutions for defense-relevant quantum-safe communications and infrastructure validation.

Strasbourg, FranceSemiconductors/ElectronicsSoftware/ITCybersecurity

Investors BTQ Technologies

$91MSeries B

Venus Aerospace Raises $91M Series B for Rotating Detonation Rocket Engine

Venus Aerospace closed a $91M Series B to scale production of its rotating detonation rocket engine (RDRE) technology, which offers 15% efficiency improvements over conventional engines. The propulsion system is designed for defense and space applications including munitions, orbital transfer, and landers, with domestic 3D-printed manufacturing to reduce supply chain constraints.

Houston, TexasAerospaceMunitions/WeaponsManufacturing/Production

Investors Mercury Fund, Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity

$3.4BGovernment Support

Belgium & Netherlands Joint Air Defence Programme: EUR3.1B

Belgium and the Netherlands jointly purchase EUR3.1 billion in layered air defence systems including Nasams batteries, SkyRanger systems, GM200 radars, and command vehicles from Kongsberg, Thales, and Ivesco. This NATO-coordinated procurement strengthens European air defense capabilities as NATO members increase defense spending.

Belgium, NetherlandsAerospaceCommunicationsElectronic WarfareManufacturing/Production

Investors Belgium, the Netherlands

$40MGovernment Support

Space Force awards Pulse Space $40M for laser power technology

Pulse Space secured a $40M Space Force contract to advance laser technology for wireless power and data transmission between spacecraft. The technology supports space networks and satellite communications for military applications including missile defense initiatives.

Bellevue, WashingtonSpace/SatellitesCommunicationsElectronic Warfare

Investors U.S. Space Force

$10BVenture Capital

Blue Origin raises $10B in first outside investment led by Coatue Management

Blue Origin is raising $10 billion in outside capital for the first time, led by Coatue Management, valuing the company at $130 billion. The funding supports New Glenn rocket production, NASA Artemis lunar missions, and satellite constellation projects including TeraWave broadband and Project Sunrise orbital data centers.

United StatesAerospaceSpace/Satellites

Investors Coatue Management

$50BGovernment Support

$50B European Coalition Pledges Deep Precision Strike Capability Investment

12-nation European coalition led by UK commits $50B over next decade to develop advanced long-range precision strike weapons including cruise missiles, hypersonic systems, and stealth weapons. Initiative aims to strengthen NATO deterrence capabilities and reduce dependence on US military support through indigenous European weapons development.

EuropeMunitions/WeaponsAerospaceElectronic Warfare

Investors UK, Denmark, Estonia, Finland, France, Germany, Netherlands, Norway, Romania, Spain, Sweden, Turkey

$27MGovernment Support

SOCOM Awards Leidos $27.2M Contract for AGM-190A Small Cruise Missiles

SOCOM awarded Leidos a $27.2M fixed-price incentive contract for procurement of AGM-190A 'Havoc Spear' Small Cruise Missiles through February 2029. The contract includes $24.2M in fiscal 2025-2026 funding, supporting procurement of approximately 84 missiles.

United StatesMunitions/Weapons

Investors U.S. Special Operations Command

$308MGovernment Support

CACI Lands $308M VA Contract for Financial Management System Modernization

CACI secured a six-year, $308 million contract from the Department of Veterans Affairs to modernize and maintain the agency's Integrated Financial and Acquisition Management System (iFAMS). The work supports federal digital transformation and strengthens the VA's financial infrastructure through cloud-based enterprise resource planning upgrades.

United StatesSoftware/ITManufacturing/Production

$36MSeed

Skapion raises $36M seed for counter-drone swarm defense system

Skapion secured $36M seed funding to accelerate development of a mobile counter-swarm defense system designed to detect and neutralize large-scale drone attacks. The technology is intended for defense forces, forward operating bases, and critical infrastructure protection in communication-denied and contested environments.

Washington, D.C., USAAutonomous Systems/DronesElectronic Warfare

Investors UP. Partners, Khosla Ventures, TBD VC, qFund, Fusion VC, Stratos Ventures

$3.4BGovernment Support

Belgium, Netherlands joint EUR3.1B air defence procurement including Nasams, SkyRanger systems

Belgium and Netherlands announced a joint EUR3.1 billion air defence system purchase including 10 Nasams batteries, 20 SkyRanger 30 systems, 14 GM200 radars, and 54 command vehicles. This NATO-coordinated procurement strengthens European air defence architecture as NATO members increase defense spending.

Belgium, NetherlandsAerospaceElectronic WarfareManufacturing/Production

Investors Kongsberg, Thales, Iveco

$40MInternal/Self-funded

Echodyne Invests $40M in U.S. MESA Radar Manufacturing Expansion

Echodyne opened an 86,350-sq-ft manufacturing facility with $40M investment to produce 30,000+ MESA counter-UAS radars annually. The expansion supports defense integration across Anduril, Axon, Moog, and Northrop Grumman platforms, addressing global C-UAS demand accelerated by Ukraine conflict.

Kirkland, WashingtonAerospaceAutonomous Systems/DronesManufacturing/Production

$40MGovernment Support

Space Force awards Pulse Space $40M for laser power technology

Pulse Space secured a $40 million contract from the U.S. Space Force to advance laser-based technology for wireless power and data transmission between spacecraft. The technology supports space network resilience and is part of the Pentagon's Golden Dome missile defense architecture initiatives.

Bellevue, WashingtonSpace/SatellitesCommunicationsAdvanced Materials

Investors U.S. Space Force

$10BVenture Capital

Blue Origin raises $10B in first outside investment, valued at $130B

Blue Origin secured $10 billion in outside capital led by Coatue Management, valuing the company at $130 billion. The funding will support New Glenn rocket production scaling, lunar lander development for NASA's Artemis program, satellite constellation operations including TeraWave broadband and Project Sunrise orbital data center.

United StatesAerospaceSpace/Satellites

Investors Coatue Management

$27MGovernment Support

SOCOM Awards Leidos $27.2M Contract for AGM-190A Small Cruise Missiles

SOCOM awarded Leidos a $27.2M fixed-price incentive contract for procurement of AGM-190A 'Havoc Spear' Small Cruise Missiles through February 2029. The contract covers production of 84 SCMs at approximately $300K per unit, with funding obligated from fiscal 2025-2026 budgets.

United StatesMunitions/WeaponsAerospace

Investors U.S. Special Operations Command

$308MGovernment Support

CACI Lands $308M VA Contract for Financial Management System Modernization

CACI secured a six-year, $308M contract from the Department of Veterans Affairs to operate and maintain the Integrated Financial and Acquisition Management System (iFAMS) while modernizing the VA's enterprise resource planning capabilities. The award supports the agency's transition from legacy financial systems to cloud-based infrastructure.

United StatesSoftware/IT

$40MInternal/Self-funded

Echodyne invests $40M in new radar manufacturing facility in Washington

Echodyne opened an 86,350-sq-ft manufacturing facility with $40M investment to produce 30,000+ MESA counter-UAS radars annually. The expansion addresses global demand from U.S. and allied defense customers for counter-drone radar systems, with integration into platforms from Northrop Grumman, Moog, Anduril and others.

Kirkland, WashingtonAerospaceManufacturing/ProductionAutonomous Systems/Drones

$36MSeed

Skapion raises $36M seed funding for counter-drone swarm defense system

Skapion secured $36M in seed funding to accelerate development of a mobile counter-swarm defense system designed to detect, engage and neutralize large-scale drone attacks. The system supports hundreds of simultaneous engagements and operates in communication-denied and contested environments for defense organizations in Israel, US and allied markets.

Washington, D.C., USAAutonomous Systems/DronesElectronic Warfare

Investors UP. Partners, Khosla Ventures, TBD VC, qFund, Fusion VC, Stratos Ventures

$3.1BGovernment Support

Belgium & Netherlands joint air defence programme EUR3.1B

Belgium and Netherlands jointly procuring EUR3.1 billion in layered air defence systems including 10 Nasams batteries, 20 SkyRanger systems, 14 GM200 radars, and 54 command vehicles. Standardized architecture for bilateral ground-based air defence to enhance NATO air defense capabilities in Europe.

Belgium, NetherlandsAerospaceElectronic Warfare

Investors Belgium, Netherlands

$27MGovernment Support

SOCOM Awards Leidos $27.2M Contract for AGM-190A Small Cruise Missiles

SOCOM awarded Leidos a $27.2 million fixed-price incentive contract for procurement of AGM-190A 'Havoc Spear' Small Cruise Missiles through February 2029. Funding includes $24.2 million obligated in fiscal 2025-2026 for acquisition of approximately 84 missiles for special operations.

United StatesMunitions/Weapons

Investors U.S. Special Operations Command

$40MInternal/Self-funded

Echodyne invests $40M in new radar manufacturing facility for counter-UAS systems

Echodyne opened an 86,350-sq-ft manufacturing facility with $40M investment to produce over 30,000 MESA radars annually for counter-UAS applications. The expansion supports U.S. and allied defense customers amid surge in counter-drone demand driven by Ukraine conflict.

Kirkland, WashingtonAerospaceAutonomous Systems/DronesManufacturing/Production

$36MSeed

Skapion raises $36M seed for counter-drone swarm defense system

Skapion secured $36M seed funding to accelerate development of a mobile counter-swarm defense system designed to detect and neutralize large-scale drone attacks. The system supports hundreds of simultaneous engagements in contested environments and is intended for forward operating bases and critical infrastructure protection.

Washington, D.C., USAAutonomous Systems/DronesElectronic Warfare

Investors UP. Partners, Khosla Ventures, TBD VC, qFund, Fusion VC, Stratos Ventures

$3.4BGovernment Support

Belgium, Netherlands joint EUR3.1B air defence procurement (Nasams, SkyRanger, radars)

Belgium and the Netherlands announced a joint EUR3.1 billion air defence programme including 10 Nasams batteries from Kongsberg, 20 SkyRanger 30 systems, 14 GM200 radars from Thales, and 54 Iveco command vehicles. The coordinated procurement establishes a unified layered air defence architecture for both nations.

Belgium, NetherlandsAerospaceElectronic WarfareManufacturing/Production

Investors Belgium, Netherlands

Wednesday, July 8, 2026

$5MGovernment Support

Impulse Space Awarded $5M NSSL Phase 3 Lane 1 Contract

Impulse Space awarded $5M firm fixed-price task order as first upper-stage prime contractor for NSSL Phase 3 Lane 1 program. Helios upper stage will provide cost-effective assured access to high-energy orbits for national security missions via partnership with medium-lift launch vehicle providers.

Redondo Beach, CaliforniaSpace/SatellitesAerospace

Investors United States Space Force Space Systems Command

$5MGovernment Support

Impulse Space Awarded $5M NSSL Lane 1 Contract as First Upper Stage Prime

Impulse Space awarded a Firm Fixed-Price Indefinite-Delivery Indefinite-Quantity NSSL Phase 3 Lane 1 contract by the U.S. Space Force, becoming the first upper-stage provider to serve as prime. The $5M initial task order supports development of the Helios upper stage for cost-effective assured access to high-energy orbits for national security missions.

Redondo Beach, CaliforniaAerospaceSpace/Satellites

Investors United States Space Force Space Systems Command

$91MSeries B

Venus Aerospace raises $91M Series B for rocket engine scaling

Venus Aerospace raised $91M to scale production of rotating detonation rocket engines for hypersonic and space applications. The technology targets defense and aerospace missions including hypersonic weapons, space launch, and lunar landers, with engines designed for domestic manufacturing using 3D printing.

Houston, TexasAerospaceManufacturing/Production

Investors Mercury Fund, Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity

$91MSeries B

Venus Aerospace raises $91M Series B for rocket engine development

Venus Aerospace raised $91M in Series B funding to advance its Rotating Detonation Rocket Engine (RDRE) for hypersonic vehicles and munitions applications. The capital supports engine readiness, scaling production to meet customer demand, and continued development following successful flight tests.

Houston, TexasAerospaceAdvanced Materials

Investors Mercury Fund

Corporate M&A

Empower AI Acquires Highlight Technologies for Federal AI Capabilities

Empower AI acquired Highlight Technologies to expand AI, cloud, data management, and DevSecOps capabilities for federal government customers. The acquisition includes Highlight's AIDE platform and strengthens Empower AI's ability to support modernization initiatives at State and Homeland Security departments.

Fairfax, VirginiaAI/MLSoftware/ITCybersecurity

Investors Empower AI

$91MSeries B

Venus Aerospace Raises $91M Series B for RDRE Production

Venus Aerospace raised $91M Series B to scale production of its rotating detonation rocket engine (RDRE) for DoD and commercial space missions. Funding will support team growth, production capabilities expansion, and demonstration flights for an engine serving defense and commercial dual-use applications.

AerospaceManufacturing/Production

Investors Mercury Fund, Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity

$91MSeries B

Venus Aerospace raises $91M Series B for rocket engine technology

Venus Aerospace raised $91M Series B to scale production of its rotating detonation rocket engine (RDRE) technology for hypersonic vehicles, space launch, and munitions applications. The engine uses continuously rotating detonation waves for improved efficiency and is built from 3D-printed components for domestic manufacturing.

Houston, TexasAerospaceMunitions/WeaponsSpace/Satellites

Investors Mercury Fund, Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity

$159MGovernment Support

Anduril awarded $159M contract for Soldier Borne Mission Command goggle development

Anduril received a $159 million contract award from the U.S. Army to develop the Soldier Borne Mission Command system, an augmented-reality goggle integrating night vision, AR, and AI capabilities for enhanced soldier perception and battlefield awareness, following the cancellation of the IVAS program.

United StatesAutonomous Systems/DronesAI/MLSoftware/IT

Investors U.S. Army

c4isrnet.com→

$300MCorporate M&A

York Space Systems acquires All.Space for $300M to create tactical satcom ecosystem

York Space Systems closed its acquisition of All.Space, a satellite communication terminal company, for $300M in cash and stock. The deal creates an integrated tactical satcom ecosystem combining York's satellite capabilities with All.Space's terminal technology for resilient communications.

Space/SatellitesCommunicationsAutonomous Systems/Drones

Investors York Space Systems

$91MSeries B

Venus Aerospace Series B Funding $91M for Rocket Engine Development

Venus Aerospace raised $91M in Series B funding to advance its Rotating Detonation Rocket Engine (RDRE) for hypersonic vehicles and munitions applications. The engine completed successful flight tests and will be scaled for customer deployment in defense and space launch markets.

Houston, TexasAerospaceAdvanced Materials

Investors Mercury Fund

Corporate M&A

Empower AI Acquires Highlight Technologies for Federal AI Capabilities

Empower AI acquired Highlight Technologies to expand AI, cloud, data management and DevSecOps capabilities for federal government customers. The acquisition adds Highlight's AIDE platform and digital modernization expertise, strengthening support for Departments of State and Homeland Security modernization initiatives.

Fairfax, VirginiaAI/MLSoftware/ITCybersecurity

Investors Empower AI

$141MGovernment Support

Army DEVCOM Awards CACI $140.5M Forensic Exploitation Contract Modification

CACI International received a $140.5M contract modification from Army DEVCOM C5ISR Center for forensic exploitation support, bringing total contract value to $560M over three years. This extends CACI's capabilities in tactical software development and emerging threat assessment for command and control systems.

United StatesSoftware/ITCybersecurityCommunications

Investors U.S. Army Combat Capabilities Development Command

$91MSeries B

Venus Aerospace Raises $91M Series B for RDRE Production

Venus Aerospace secured $91M Series B funding to scale production of rotating detonation rocket engines (RDRE) for DoD and commercial space applications. The capital will fund team expansion, manufacturing capabilities, and demonstration flights for engines serving military, in-space propulsion, and high-speed aviation applications.

AerospaceManufacturing/Production

Investors Mercury Fund, Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity

$5MGovernment Support

Impulse Space Awarded $5M NSSL Lane 1 Contract as First Upper Stage Prime

Impulse Space awarded a $5 million Firm Fixed-Price Task Order as part of a broader NSSL Phase 3 Lane 1 IDIQ contract to provide Helios upper-stage launch services for national security missions. First upper-stage provider to serve as prime in the NSSL program, enabling cost-effective assured access to high-energy orbits for U.S. Space Force.

Redondo Beach, CaliforniaAerospaceSpace/Satellites

Investors United States Space Force

$91MSeries B

Venus Aerospace raises $91M Series B for rotating detonation rocket engines

Venus Aerospace raised $91M Series B to scale production of rotating detonation rocket engines for hypersonic vehicles, space launch, and munitions. The technology represents next-generation propulsion critical for Pentagon hypersonic weapons programs and space transportation applications.

Houston, TexasAerospaceMunitions/WeaponsSpace/Satellites

Investors Mercury Fund, Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity

$300MCorporate M&A

York Space Systems acquires All.Space for $300M in satellite comms deal

York Space Systems closed its acquisition of All.Space, a satellite communication terminal company, for $300M ($155M cash + stock). The deal creates an integrated tactical satcom ecosystem combining York's satellite technology with All.Space's terminal capabilities for defense communications.

AerospaceCommunicationsSpace/Satellites

Investors York Space Systems

$91MSeries B

Venus Aerospace Raises $91M Series B for Rotating Detonation Rocket Engine

Venus Aerospace raised $91M in Series B funding to advance its Rotating Detonation Rocket Engine (RDRE) technology for hypersonic vehicles, munitions, and launch vehicles. The funding will support engine development, customer readiness, and manufacturing scale-up for defense applications.

Houston, TexasAerospaceAdvanced Materials

Investors Mercury Fund

$91MSeries B

Venus Aerospace Raises $91M Series B for RDRE Production Scale-Up

Venus Aerospace raised $91M Series B to scale production of its rotating detonation rocket engine (RDRE) for DoD and commercial space missions. The engine offers 15% efficiency gains over conventional rockets and can serve as an alternative to solid rocket motors in military applications and in-space propulsion systems.

AerospaceManufacturing/Production

Investors Mercury Fund, Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity

$5MGovernment Support

Impulse Space awarded $5M NSSL Lane 1 contract by US Space Force

Impulse Space awarded a $5M Firm Fixed-Price task order as the first-ever upper-stage prime under the NSSL Phase 3 Lane 1 program. The contract supports development of Impulse's Helios upper stage for transporting national security payloads to high-energy orbits, with first launch planned for 2027.

Redondo Beach, CaliforniaAerospaceSpace/Satellites

Investors United States Space Force

$300MCorporate M&A

York Space Systems Acquires All.Space for $300M to Build Tactical Satcom Ecosystem

York Space Systems closed its acquisition of All.Space, a satellite communication terminal company, for $300 million ($155M cash + $145M in stock). The deal creates an integrated tactical satcom ecosystem combining York's satellite capabilities with All.Space's terminal technology for defense communications applications.

Space/SatellitesCommunications

Investors York Space Systems

$5MGovernment Support

Impulse Space Awarded $5M NSSL Phase 3 Lane 1 Contract

Impulse Space awarded a $5M Firm Fixed-Price task order as the first upper-stage prime contractor under the Space Force's NSSL Phase 3 Lane 1 program. The contract enables Impulse to provide launch services via its Helios upper stage for national security missions to high-energy orbits.

Redondo Beach, CaliforniaAerospaceSpace/Satellites

Investors United States Space Force

$5MGovernment Support

Impulse Space Awarded $5M NSSL Lane 1 Contract as First Upper Stage Prime

Impulse Space awarded a $5M FFP task order and NSSL Phase 3 Lane 1 IDIQ contract by the Space Force to provide launch services via its Helios upper stage for national security missions. First-ever upper-stage provider to serve as prime contractor in NSSL program, enabling cost-effective assured access to high-energy orbits.

Redondo Beach, CaliforniaSpace/SatellitesAerospace

Investors United States Space Force Space Systems Command

$5MGovernment Support

Impulse Space Awarded $5M NSSL Lane 1 Contract as First Upper Stage Prime

Impulse Space awarded a $5M Firm Fixed-Price Task Order as the first-ever upper-stage provider to serve as prime contractor in NSSL Phase 3 Lane 1. The Helios upper stage will provide cost-effective assured access to high-energy orbits for U.S. Space Force national security missions.

Redondo Beach, CaliforniaSpace/SatellitesAerospace

Investors United States Space Force

$5MGovernment Support

Impulse Space awarded $5M NSSL Phase 3 Lane 1 contract by Space Force

Impulse Space awarded a Firm Fixed-Price IDIQ contract by Space Force for its Helios upper stage as part of NSSL Phase 3 Lane 1. The $5M initial task order enables Impulse to become the first upper-stage provider to serve as a prime contractor in the program, offering cost-effective assured access to high-energy orbits.

Redondo Beach, CaliforniaSpace/SatellitesAerospace

Investors United States Space Force

$5MGovernment Support

Impulse Space Awarded $5M NSSL Lane 1 Contract by US Space Force

Impulse Space awarded a Firm Fixed-Price IDIQ contract by US Space Force's Space Systems Command for its Helios upper stage vehicle as the first upper-stage prime contractor in NSSL Phase 3 Lane 1 program. Initial $5M task order funds on-ramping for commercial-like launch services to high-energy orbits for national security missions.

Redondo Beach, CaliforniaAerospaceSpace/Satellites

Investors United States Space Force

$5MGovernment Support

Impulse Space awarded NSSL Lane 1 contract with $5M task order

Impulse Space awarded a Firm Fixed-Price IDIQ contract by the U.S. Space Force's Space Systems Command for its Helios upper stage vehicle under NSSL Phase 3 Lane 1. Initial $5M task order for capabilities assessment and mission assurance development to enable cost-effective launch services for national security space missions.

Redondo Beach, CaliforniaAerospaceSpace/Satellites

Investors United States Space Force

Tuesday, July 7, 2026

Corporate M&A

Shield AI acquires Aechelon for autonomous systems training platform

Shield AI has acquired Aechelon, a 27-year-old flight simulation company that trains U.S. military pilots. The combination enables Shield AI to integrate high-fidelity simulation with defense-grade autonomous systems, creating a closed-loop training environment where humans and AI systems can train together in the same simulated world.

Autonomous Systems/DronesAerospaceAI/ML

Investors Shield AI

shield.ai→

Contract Award

BlackSky wins multiple U.S. R&D contracts for Gen-3 AI ISR solutions

BlackSky Technology won a series of U.S. R&D contracts to develop and field Gen-3 AI solutions for space-based tactical ISR operations, including automated target recognition and battle damage detection capabilities. The contracts advance BlackSky's commercial space-based intelligence systems for U.S. government customers.

Herndon, VirginiaSpace/SatellitesAI/MLSoftware/IT

Investors U.S. Government

Government Support

BlackSky wins multiple U.S. R&D contracts for Gen-3 AI ISR solutions

BlackSky Technology won multiple U.S. R&D contracts to develop Gen-3 AI solutions for space-based intelligence operations, including automated target recognition and battle damage detection capabilities. The contracts advance BlackSky's commercial satellite constellation and AI analytics platform for defense and intelligence customers.

Herndon, VirginiaSpace/SatellitesAI/MLSoftware/IT

$1.4BGovernment Support

Lockheed Wins $1.4B Navy Aegis Integration Contract

Lockheed Martin awarded a cost-plus-award-fee contract worth up to $1.38 billion for Aegis ship integration and testing support for Navy surface combatant ships. Base contract value is $60.6 million through June 2027, with potential extension through June 2036 if options exercised.

New Jersey, Virginia, Maine, Mississippi, CaliforniaAerospaceManufacturing/Production

$3.5BCorporate M&A

Lockheed Martin Acquires Ultra Maritime for $3.45B to Expand Undersea Warfare

Lockheed Martin acquired Ultra Maritime from Advent PE for $3.45B, gaining sonar, sonobuoys, torpedo defense, and autonomous maritime sensing capabilities. The deal strengthens Lockheed's anti-submarine and undersea warfare portfolio for U.S. and allied naval forces.

Autonomous Systems/DronesElectronic WarfareMunitions/Weapons

Investors Lockheed Martin

Corporate M&A

Iridium Closes Aireon Acquisition for Space-Based Aviation Surveillance

Iridium finalized its acquisition of Aireon, combining space-based air traffic surveillance and ADS-B capabilities with Iridium's satellite network for global aviation safety and operational efficiency. The deal expands defense-relevant dual-use capabilities in resilient satellite communications and positioning/navigation/timing for national security applications.

United StatesSpace/SatellitesAerospaceCommunications

Investors Iridium Communications

$500MGovernment Support

L3Harris Wins $500M MDA Airborne Sensors Follow-On Contract

L3Harris subsidiary Aeromet secured a 10-year IDIQ contract worth up to $499.6M to support MDA's Flight Test Airborne Sensors program. Work includes operations, sustainment, mission planning, and modernization of flight test aircraft and sensor equipment for missile defense applications.

Tulsa, OklahomaAerospaceElectronic Warfare

$3.5BCorporate M&A

Lockheed Martin Acquires Ultra Maritime for $3.45 Billion

Lockheed Martin is acquiring Ultra Maritime, a defense company specializing in undersea warfare and anti-submarine warfare capabilities including sonar, sonobuoys, and autonomous maritime sensing. The deal strengthens Lockheed's maritime defense portfolio and supports U.S. and allied naval forces amid rising undersea threats.

AerospaceAutonomous Systems/DronesElectronic Warfare

Investors Lockheed Martin

$40BGovernment Support

NATO allies announce $40B counter-UAS investment commitment

NATO Allies committed to $40 billion in counter-UAS capabilities investment over five years. NATO also awarded a contract worth hundreds of millions for surveillance drones and established a C-UAS marketplace for NATO-tested, NATO-compatible systems.

Ankara, TurkeyAutonomous Systems/DronesOther

Investors NATO Allies

Government Support

BlackSky wins multiple U.S. R&D contracts for Gen-3 AI ISR solutions

BlackSky Technology secured multiple U.S. R&D contracts to develop and field Gen-3 AI solutions for space-based tactical ISR operations, including automated target recognition and battle damage detection capabilities. The contracts advance the company's commercial space-based intelligence platform for U.S. government customers.

Herndon, VirginiaSpace/SatellitesAI/MLSoftware/IT

$25MOther

Orbit Fab raises $25M interim funding for satellite refueling operations

Orbit Fab raised over $25M in interim funding from Stride Capital to support satellite refueling technology commercialization and three planned demonstration missions with government satellites. The funding bridges technology development to operations, with plans for a $30-50M Series B round to support demo missions and first commercial contracts.

Colorado, USASpace/SatellitesAerospace

Investors Stride Capital

$16MGovernment Support

DoD Awards BAE Systems $16M for Rad-Hardened Chip Production Expansion

The Defense Department provided BAE Systems with $16 million in Defense Production Act funding to reestablish domestic production capacity for radiation-hardened microelectronics used in defense and space systems. The investment restores 45nm silicon-on-insulator technology production to prevent system redesigns and requalifications.

United StatesSemiconductors/ElectronicsManufacturing/Production

Investors U.S. Department of Defense

$1.4BGovernment Support

Lockheed Wins $1.38B Navy Aegis Integration Contract

Lockheed Martin awarded a cost-plus-award-fee contract by Naval Sea Systems Command for Aegis ship integration and testing support services for Navy surface combatant ships. Base contract valued at $60.6M through June 2027, with potential total value of $1.38B if all options exercised through 2036.

New Jersey, Virginia, Maine, Mississippi, CaliforniaAerospaceSoftware/ITCommunications

Investors U.S. Navy

$143MGovernment Support

Lockheed Martin Wins $142.9M Air Force C-5 Galaxy Software Support Contract

Lockheed Martin secured a $142.9M Air Force contract for software sustainment, updates, maintenance, and engineering support for the C-5 Galaxy strategic airlifter fleet through May 2032. Work includes certification artifacts, systems integration lab maintenance, and technical support across two locations.

Marietta, Georgia; Greenville, South CarolinaAerospaceSoftware/IT

Investors U.S. Air Force

$81MGovernment Support

AV Secures $80.5M JIATF-401 Purchase Order for Titan MS Counter-UAS

AV received an $80.5M purchase order from JIATF-401 to deliver Titan MS counter-UAS systems for the Department of War's Domestic Shield program. The award supports the U.S. Air Force Global Strike Command's layered air defense against unmanned aircraft system threats at critical defense infrastructure.

United StatesAutonomous Systems/DronesAI/ML

Investors Joint Interagency Task Force 401

$40BGovernment Support

NATO allies announce $40B counter-UAS investment over 5 years

NATO allies committed $40 billion in counter-drone capabilities investment over five years, establishing a NATO-tested marketplace for C-UAS systems and awarding contracts worth hundreds of millions for surveillance drones. NATO also launched new platforms to streamline defense procurement and expand industrial production capacity across allied nations.

Ankara, TurkeyAutonomous Systems/DronesManufacturing/Production

Investors NATO allies

Corporate M&A

Shield AI acquires Aechelon Technology for autonomous flight simulation

Shield AI acquires Aechelon Technology, a flight simulation company serving U.S. military pilots for 27 years. The integration combines high-fidelity simulation with autonomous systems to train human pilots and AI systems in shared virtual environments for hybrid human-autonomous operations.

Autonomous Systems/DronesAerospaceAI/ML

Investors Shield AI

shield.ai→

Government Support

BlackSky wins multiple U.S. R&D contracts for Gen-3 AI ISR solutions

BlackSky Technology secured multiple U.S. R&D contracts to develop Gen-3 AI solutions for space-based ISR operations, including automated target recognition and battle damage detection capabilities. The investment reflects government commitment to advancing commercial space-based intelligence systems for tactical military operations.

Herndon, VirginiaSpace/SatellitesAI/MLSoftware/IT

Investors U.S. Government

$25MOther

Orbit Fab raises $25M interim funding from Stride Capital for satellite refueling

Orbit Fab raised over $25M in interim funding from Stride Capital to support satellite refueling technology commercialization and three demonstration missions with government satellites. The funding bridges the company toward a planned Series B round of $30-50M to fund demo missions and first commercial contracts for on-orbit refueling services.

Colorado, USASpace/SatellitesAerospace

Investors Stride Capital

$254MGovernment Support

UK invests $254M in Lockheed Martin PrSM missile program

UK announces $254M investment to join U.S. Army's Precision Strike Missile (PrSM) program, with initial deliveries expected in 2027. The acquisition provides the British Army with deep surface-to-surface ballistic missile capability to extend land-based strike range.

United KingdomMunitions/WeaponsAerospace

Investors United Kingdom Ministry of Defence

$16MGovernment Support

DoD Awards BAE Systems $16M for Rad-Hardened Chip Production Expansion

DoD provides $16M in Defense Production Act funds to BAE Systems to reestablish domestic production capacity for radiation-hardened 45nm silicon-on-insulator microelectronics used in defense and space systems, preventing costly redesigns of existing systems.

United StatesSemiconductors/ElectronicsSpace/Satellites

Investors U.S. Department of Defense

Corporate M&A

Shield AI acquires Aechelon for autonomous flight training platform

Shield AI acquired Aechelon, a 27-year-old flight simulation company that trains U.S. military pilots and now enables AI training. The combination integrates high-fidelity simulation with autonomous systems to train humans and machines together in hybrid operations, accelerating autonomy development through closed-loop data feedback.

AerospaceAutonomous Systems/DronesAI/ML

Investors Shield AI

shield.ai→

Government Support

BlackSky wins U.S. R&D contracts for Gen-3 AI ISR solutions

BlackSky Technology won multiple U.S. R&D contracts to develop and field Gen-3 AI solutions for space-based tactical ISR operations, including automated target recognition and battle damage detection capabilities. The investment reflects U.S. government commitment to advancing commercial space-based intelligence systems for defense and national security applications.

Herndon, VirginiaAI/MLSpace/SatellitesSoftware/IT

$254MGovernment Support

UK invests $254M in Lockheed Martin PrSM precision strike missiles

The UK announced plans to join the U.S. Army's Precision Strike Missile program with a $254M investment in Lockheed Martin-built weapons systems. Initial deliveries are expected in 2027, strengthening British Army land-based strike capabilities.

United KingdomMunitions/WeaponsAerospace

Investors United Kingdom Government