Browsing: defense tech

High valuations in the defense technology sector are causing some industry observers to question whether the market is experiencing a bout of irrational exuberance.

Despite calls for increased defense spending, Europe is already significantly investing in defense technology, with the U.K. pioneering initiatives to accelerate innovation.

Defense and aerospace startup Shield AI has raised $240 million in a Series F strategic funding round, nearly doubling its valuation to $5.3 billion.

Munich-based Alpine Eagle is developing an airborne counter-drone system called Sentinel, attracting significant investment and interest from the military due to the rise of cheap, but effective, attack drones.

M-FLY, a Ukrainian defense tech startup, has raised €1.19 million to refine its EW-resistant laser guidance systems for UAVs and air defense applications.

The Thunderforge program aims to enhance military planning with AI assistance, marking a significant shift toward data-driven warfare.

Defense and critical infrastructure tech startup Chaos Industries has raised $145 million in a Series B funding round led by Accel, marking a significant investment in the defense technology sector.

Despite some major funding rounds, the total amount invested in defense tech startups in 2024 was slightly higher than the previous year, but some industry members expected more significant growth.

Defense tech firm Epirus secures significant funding to advance its high-power microwave technology.

Epirus, a defense technology company specializing in anti-drone systems, has secured $250 million in a Series D funding round, bringing its valuation to over $1 billion.