Browsing: defense
Defense technology, artificial intelligence and fundraising take center stage at StrictlyVC Los Angeles
Only two weeks left, StrictlyVC Los Angeles is fast approaching. On Thursday, June 18, at The Aerospace Corporation Campus in El Segundo, investors, founders and technology…
Defense tech darling Mach Industries hits $1.8 billion valuation, 4x jump in one year
Mach Industries, the three-year-old defense technology startup led by 22-year-old founder and CEO Ethan Thornton, has raised a $300 million Series C at a $1.8 billion…
Three-year-old Mach Industries has acquired solid rocket engine startup Exquadrum in a $50 million cash and stock deal, the Huntington Beach-based defense startup tells TechCrunch. Exquadrum…
US defense contractor who sold hacking tools to Russian broker ordered to pay $10 million to former employers
Peter Williams, a veteran cybersecurity executive who headed the hacking and surveillance technology division of US defense contractor L3Harris, has been ordered to pay $10 million…
Defense startup Hermes has raised $350 million to continue developing what it calls the “fastest drone,” in a funding round that has pushed its valuation to…
A federal judge has sided with Anthropic in its twisted legal battle with the Trump administration, granting the tech company an injunction against a recent government…
startup in Los Angeles Arc Boat Company is looking to expand its nascent commercial business and even sell electric propulsion systems to defense contractors in a…
In just over a week, negotiations over the Pentagon’s use of Anthropic’s Claude technology have broken down, the Trump administration has labeled Anthropic a supply chain…
Treasury sanctions Russian zero-day broker accused of buying holdings stolen from US defense contractor
The US government was announced on Tuesday sanctions on two companies that acquire and resell zero-day exploits, as well as sanctions on their founders and associates.…
African defense tech Terra Industries, founded by two Gen Zers, raises additional $22 million in one month
Just a month after raising $11.75 million in a round led by Joe Lonsdale’s 8VC, African defensetech Terra Industries has announced that it has raised an…