Tulip Tech Secures Strategic Growth Investment From Parcom and Keen Venture Partners
Tulip Tech, a Dutch developer of high‑energy UAV battery systems, announced a strategic growth investment from Parcom and Keen Venture Partners to accelerate production scaling for European defence and civilian drone platforms. The undisclosed round will fund capacity expansion, supply‑chain resilience and international market growth, supporting Europe's push for sovereign drone capabilities.
Mach Industries Acquires Exquadrum for $50M, Rebrands as Mach Energetics
Mach Industries, a defense startup, completed the acquisition of solid rocket motor startup Exquadrum for $50 million in cash and equity, rebranding the business as Mach Energetics. The deal brings Exquadrum’s IP, 85 employees, and a 70,000‑sq‑ft facility into Mach, giving...
Arkeus Raises $16.5M Series A Led by QIC Ventures to Expand AI-Enabled Defence Manufacturing in Queensland
Australian defence tech firm Arkeus announced a A$25 million (≈ $16.5 M) Series A round led by QIC Ventures with participation from R+ VC, Folkore Ventures, Dyne Ventures, Main Sequence Ventures, Salus Ventures and Beaten Zone. The funding will support Arkeus’s relocation to Queensland and the...
York Space Systems Acquires Orbion Space Technology
York Space Systems, a satellite manufacturer, completed the acquisition of Orbion Space Technology, a propulsion supplier, as part of its strategy to diversify beyond satellite manufacturing. The deal, reported in York’s May 2026 earnings call, underscores the company’s push into propulsion...
UK MOD Awards $12.7M to Four Firms for Apache Helicopter Support Drones
The UK Ministry of Defence announced a $12.7 million investment in four British firms—Anduril Industries (UK) Ltd, BAE Systems Operations Ltd, Tekever Ltd, and Thales UK Ltd—to develop autonomous drones that will act as wingmen for Apache attack helicopters. The contracts...
EOS Advances MARSS Acquisition with Revised Terms as Counter-Drone Orders Surge
Australian defense contractor Electro Optic Systems Holdings (EOS) announced it is moving forward with its acquisition of drone‑detection specialist MARSS, revising the earnout cap to $154 m and allocating $33 m of a term‑loan to the US$36 m upfront cash consideration. The deal...
Twin Prime Raises $10M Pre‑seed Round to Build Frontier AI Models for Defence and Security
Twin Prime announced a $10 million pre‑seed funding round led by Expeditions, with participation from Theon and other investors. The capital will be used to develop AI models that integrate multiple sensor modalities for national security and defence applications. The deal...
Havoc Raises $100M Series A to Advance All-Domain Autonomous Systems
Havoc announced a $100 million Series A round, bringing its total capital to nearly $200 million. The funding will support scaling its collaborative autonomy platform for defense operations across air, sea, and land. Existing backers and new investors participated in...
Ondas Inc. Acquires UK Aerospace Firm Rotron
U.S.-listed Ondas Inc. has completed the acquisition of UK aerospace company Rotron, known for its SkyLance long-range one-way effector drone. The deal, announced on May 12, 2026, aims to accelerate production, expand export markets, and create hundreds of UK jobs....
HD Hyundai and Cerberus Capital Management Announce $5 Billion Investment Program to Upgrade U.S. Shipyards
HD Hyundai and Cerberus Capital Management announced a $5 billion investment program to upgrade U.S. shipyards, marking a major strategic partnership between the Korean shipbuilder and the U.S. private equity firm.
Poland Secures $48.1B EU Defence Loan Under SAFE Programme
Poland signed a €43.7 billion ($48.1 billion) loan agreement under the EU's Security Action for Europe (SAFE) programme, becoming the first member state to tap the initiative. The financing will fund defence spending, domestic arms production and technology upgrades. The deal was...
Veteran Ventures Capital Leads $25M Seed Round for Hybron Technologies
Hybron Technologies, a U.S.-based manufacturer of lightweight composites for aerospace and defense, announced the close of a $25 million seed round. Veteran Ventures Capital participated as an investor, supporting the company's domestic production capacity expansion. The round was oversubscribed and...
Acron Technologies Acquires Sightline Intelligence to Bolster Defense Portfolio
Acron Technologies has completed the acquisition of Sightline Intelligence, a specialist in edge‑based AI video processing and target recognition for defense and aerospace applications. The deal integrates Sightline’s low‑SWaP AI capabilities into Acron’s electro‑optical hardware portfolio, enhancing real‑time intelligence for...
True Anomaly Secures $650M Series D Funding Led by Riot Ventures and Eclipse
Aerospace defense startup True Anomaly Inc. raised $650 million in a Series D round led by Riot Ventures and Eclipse, bringing its valuation to $2.2 billion. The funding will support development of autonomous spacecraft and space interceptors and will be funneled...
Netherlands Joins U.S. CCA Program, Purchases Two Prototype Drones for F‑35 Fleet
The Netherlands Ministry of Defense signed a landmark agreement with the U.S. Air Force to acquire two prototype Collaborative Combat Aircraft drones, becoming the first European nation in the program. The deal involves prototypes developed by General Atomics and Anduril...