Hardware testing startup Nominal hits $1B valuation, raises $155M in 10 months
Nominal provides hardware testing equipment to defense tech companies. Founders Fund led the preemptive deal.
Nominal provides hardware testing equipment to defense tech companies. Founders Fund led the preemptive deal.
Terra Industries, the African defense company, announced Monday that it had secured an additional $22 million in funding to further expand the business.
The round was led by FPV Ventures co-founder and managing partner Wesley Chan.
French defense tech company Harmattan AI is now valued at $1.4 billion after raising a $200 million Series B round led by Dassault Aviation, which is best known for making the Rafale fighter jet.
The 25-year-old firm is an early investor in Anduril, Applied Intuition and Runway AI.
Bone AI, a South Korean startup, is combining AI and manufacturing to build next-gen defense robotics and challenge the region’s industry giants.
Firefly Aerospace has agreed to buy defense analytics firm SciTec for about $855 million in cash and stock as the company tries to push deeper into the national security market.
Ethan Thornton, CEO of Mach Industries, joins the AI Stage at TechCrunch Disrupt 2025 (Oct. 27–29, San Francisco) to discuss how AI is transforming defense — from autonomous weapons to decentralized strategy. Register now and save up to $650 before rates increase.
Joby’s years of R&D with the DoD may be paying off. The company has signed an agreement with defense contractor L3Harris to develop a gas-turbine hybrid VTOL that can fly autonomously — for defense applications.
Delian Alliance Industries recently raised $14 million in funding to continue building its defense products, which include surveillance towers, and concealed sea drones.