Firefly leans into its defense ambitions with $855M SciTec acquisition
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.
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.
The NATO Innovation Fund (NIF) is entering a new chapter, marked by the arrival of two new partners and the departure of its penultimate founding team partner.
Rune Technologies raised $24 million to advance deployment of TyrOS, AI-enabled predictive software for military logistics that can run on the ground without internet connection.
With a fundraising target of €25 million, Darkstar’s goal is to help startups bring battle-tested products to military customers both in Ukraine and throughout Europe.