Industrial Base Alpha

All stories

Autonomy

Amprius receives $75M to build domestic drone battery production

The U.S. Department of War awarded Amprius Technologies up to $75 million to convert an existing EV battery production line into high-energy-density cell manufacturing for small and medium drones, targeting 12 million cells per year by early 2028.

Sep 28, 2026Analysis
Autonomy

TEKEVER closes $580M Series D at $6.4B valuation

The European autonomous drone and AI company closed a $580M Series D led by UC Investments and Baillie Gifford. The funding accelerates development of ISR and logistics platforms with 50,000+ flight hours in Ukraine and major UK military contracts.

Sep 25, 2026Analysis