News

Raft Acquires N3bula Systems to Accelerate Mission-Critical AI Defense Innovation

Jun 17, 2025 | Press Release

Strategic Acquisition Powers AI and Data Backbone for a Unified Joint Force—Raft Leads the Charge in Defense Modernization MCLEAN, Va., June 17, 2025 /PRNewswire/ — Raft, the defense technology leader powering a new era of autonomous warfare, today announced its acquisition with N3bula Systems—a powerhouse partnership that will dominate the next era of unified joint force … Continued

Standard Nuclear Emerges from Stealth with $42 Million in Funding to Secure the Domestic Advanced Nuclear Fuel Supply Chain

Jun 11, 2025 | Press Release

With fresh funding, Standard Nuclear is accelerating the production of TRISO nuclear fuel for advanced reactors at industrial scale, emerging as the nation’s only reactor-agnostic TRISO fuel manufacturer and poised to transform domestic nuclear energy supply chains OAK RIDGE, Tenn.–(BUSINESS WIRE)–Standard Nuclear, Inc., a reactor-agnostic producer of TRISO nuclear fuel, today announced its launch from … Continued

Saildrone Closes $60M Financing to Bring Maritime Autonomy to Europe

May 13, 2025 | Press Release

The new funding round, led by EIFO (Export and Investment Fund of Denmark), enables access to Saildrone’s unique maritime intelligence technology for critical European security and defense needs COPENHAGEN, Denmark–(BUSINESS WIRE)–Saildrone, the global leader in maritime autonomy, today announced the closing of a $60 million investment round led by EIFO, the Export and Investment Fund … Continued

Apex raises $200 million to accelerate satellite production

Apr 29, 2025 | Press Release

WASHINGTON — Apex has raised $200 million in a new funding round intended to help the company accelerate production of satellite buses. Apex announced April 29 that it raised the Series C round led by Point72 Ventures and co-led by 8VC. Existing investors, such as Andreessen Horowitz, participated in the round, as well as new … Continued

Washington Harbour Partners invests in startup Turion Space

Apr 2, 2025 | Press Release

WASHINGTON — Washington Harbour Partners has made a strategic investment in Turion Space, a California-based startup developing spacecraft and mission software for space situational awareness, debris removal, and in-orbit services, the company announced April 2.  The value of the investment was not disclosed. The investment, which marks Washington Harbour’s first in Turion Space, was part … Continued

Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform

Mar 6, 2025 | Press Release

WASHINGTON (March 6, 2025) – Shield AI, the deep-tech company building state-of-the-art autonomy software products and defense aircraft, today announced it has completed a $240 million, F-1 strategic funding round, raising the company’s valuation to $5.3 billion.   The financing was completed with major participation from strategic investors L3Harris (NYSE: LHX) and Hanwha, as well as … Continued

Drone Defense Startup Shield AI Lands $5.3 Billion Valuation

Mar 6, 2025 | Bloomberg

The company is raising $240 million and pushing into software. Defense startup Shield AI has finalized a deal to raise $240 million from investors at a valuation of $5.3 billion — a funding round that adds billions to the company’s valuation, and underscores Silicon Valley investors’ interest in drones, autonomy and national security technology. The … Continued

Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform

Mar 6, 2025 | FT

WASHINGTON, March 6, 2025 /PRNewswire/ — Shield AI, the deep-tech company building state-of-the-art autonomy software products and defense aircraft, today announced it has completed a $240 million, F-1 strategic funding round, raising the company’s valuation to $5.3 billion. The financing was completed with major participation from strategic investors L3Harris (NYSE: LHX) and Hanwha Aerospace (KRX: … Continued

Epirus Closes $250M Series D to Hyperscale Leonidas Production Capability for Critical Asset Protection

Mar 5, 2025 | Press Release

New funding to accelerate production of high-power microwave defense capability for short range air defense and fuel company’s international and commercial growth roadmap Los Angeles, Calif—March 5, 2025— Epirus announced today an oversubscribed $250 million Series D fundraising round, bringing the company’s total venture funding to more than $550 million and positioning the company to … Continued

Defense tech startup Epirus raises $250M Series D to counter drone swarms

Mar 4, 2025 | TechCrunch

Defense tech startup Epirus, which specializes in anti-drone systems, has raised an oversubscribed $250 million Series D, it told TechCrunch. Epirus, based in Torrance, California, was previously valued at $1.35 billion for its $200 million Series C in 2022, per its announcement at the time. Epirus did not give a specific valuation for this round, … Continued

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