DeltaQuad Secures Strategic Shareholders Parcom and Keen Venture Partners
DeltaQuad, a developer of VTOL fixed-wing UAVs, announced that Dutch investment firms Parcom and Keen Venture Partners have become strategic shareholders, providing capital to support its growth in the European defense market. The partnership aims to accelerate innovation, expand internationally, and strengthen DeltaQuad’s position in the defense sector. Deal terms were not disclosed.
Mutable Tactics Secures $2.1m Pre‑seed Investment
London‑based robotics startup Mutable Tactics raised $2.1 million in a pre‑seed round led by Seraphim Space, with participation from the UK’s National Security Strategic Investment Fund, Koro, Entrepreneurs First and Transpose. The funding will accelerate development of its AI‑guided drone autonomy...
Rheinmetall Acquires 51% Stake in Croatian Uncrewed‑Ground‑Systems Specialist DOK‑ING
German defence group Rheinmetall AG announced the acquisition of a 51% majority stake in Croatia’s DOK‑ING, a specialist in uncrewed ground systems. The undisclosed‑price deal, pending regulatory approval, positions DOK‑ING for expanded production and integration with Rheinmetall’s defence portfolio.
Vector Secures $20M Loan From JPMorgan Chase to Expand US Drone Production
Utah-based defense startup Vector announced it has secured a $20 million loan from JPMorgan Chase to expand domestic manufacturing of small unmanned aerial systems. The financing will be used to scale production, strengthen supply chains, and meet rising demand from military...
Kraken Robotics to Acquire Covelya Group for $615M
Canadian marine technology firm Kraken Robotics announced it will acquire UK‑based Covelya Group for $615 million in a cash‑and‑stock transaction. The deal, funded by $480 million in cash and $135 million of Kraken shares, expands Kraken’s subsea technology portfolio and positions it as...
Machina Labs Secures $124M Series C to Build Intelligent Factory
Machina Labs announced the closing of a $124 million Series C round to scale its intelligent manufacturing infrastructure for defense, aerospace and advanced mobility. The round was led by Woven Capital, Lockheed Martin Ventures, Balerion Space Ventures and Strategic Development...
NLIGHT Raises over $190M in Follow‑on Equity Offering
nLIGHT Inc announced a follow‑on equity offering that raised over $190 million after expenses. The proceeds will fund manufacturing expansion, supply‑chain investments, staffing and potential M&A. The offering was completed earlier this month, boosting the company's cash balance to more than...
SWARM Biotactics Raises €13M in Investment Funding
German defence‑tech startup SWARM Biotactics announced it has secured approximately €13 million ($15.36 million) in investment funding to support the development and deployment of its bio‑electronic cyborg‑insect swarms for NATO customers. The funding was disclosed in a Feb 25 statement by CEO Stefan...
Velocity One Acquires Kaney Aerospace
Velocity One, a private equity-backed aerospace and defense platform, announced the acquisition of Kaney Aerospace, expanding its portfolio in power systems, navigation, and precision-engineered components. The terms of the deal were not disclosed.
Markon Acquires Cybersecurity Services Provider Millennium Corp.
Markon announced the acquisition of Millennium Corp., a cybersecurity services provider that supports the Defense Department with threat emulation, testing, and intelligence services. The deal, disclosed on Friday, expands Markon's red‑team capabilities and consolidates its R&D portfolio, with financial terms...
Arcline Invests in Hydraulics International Inc
Arcline announced an investment in Hydraulics International Inc, a provider of hydraulic products for US and allied defense forces, prime contractors, government agencies, and industrial companies. The terms of the investment were not disclosed.
ERT Acquires Sev1Tech to Boost Space Force Capabilities
Earth Resources Technology (ERT) announced the acquisition of Sev1Tech, expanding its footprint in both civilian and defense markets, particularly with the U.S. Space Force. The deal, supported by Macquarie Capital, triples ERT’s workforce to about 1,600 employees, though the purchase...
LAT Aerospace Acquires Defence Robotics Startup Sharang Shakti
Hybrid‑electric aircraft maker LAT Aerospace announced the acquisition of Gurugram‑based defence robotics startup Sharang Shakti for an undisclosed amount. The deal aims to strengthen LAT’s autonomous systems and defence electronics capabilities, aligning with its mission to develop next‑generation civil aviation platforms....
Frankenburg Technologies Raises €30M Series A Led by Plural
Frankenburg Technologies announced a €30 million Series A round to fund its next‑generation missile manufacturing capacity in Europe. The round was led by Plural with participation from SmartCap, bringing total funding to €40 million. The capital will be used to build two EU...
MaXon Systems Raises Undisclosed Funding Round with Greenflag Ventures, BRAVE1, Freedom Fund VC and Big Defence
Ukrainian defence tech firm MaXon Systems announced it has closed a new funding round, with investors including Greenflag Ventures, BRAVE1, Freedom Fund VC and Big Defence. The round’s size was not disclosed. The capital will support development of its autonomous...
Karman Space & Defense Completes Acquisitions of Seeman Composites and MSC LLC
Karman Space & Defense announced the completion of its acquisitions of Seeman Composites and MSC LLC, creating a multi-domain company that supports critical space and defense subsystems. The deal expands Karman’s portfolio across maritime defense, hypersonics, missile defense, and space...
ValueQuest Investment Advisors Raises Rs 1,500 Crore PE Fund From Domestic LPs
ValueQuest Investment Advisors announced the closing of its Rs 1,500 crore ValueQuest Tristar private equity fund, focused on advanced manufacturing sectors such as aerospace, defence, and energy transition. The fund, which activated a Rs 500 crore greenshoe, aims to invest in 8–12 companies with...
BAE Systems to Acquire Swedish Supplier Aston Harald Mekaniska Verkstad
BAE Systems' Bofors business has signed a share purchase agreement to acquire Swedish precision‑machining firm Aston Harald Mekaniska Verkstad, expanding its industrial capacity in Europe. The acquisition, pending regulatory approval, is expected to close in the first half of 2026.
The Fourth Law Raises Funding From Axon to Boost Drone AI for Ukraine
Kyiv-based defence tech firm The Fourth Law announced a new funding round backed by US public safety technology group Axon. The undisclosed investment will support R&D of AI-driven autonomy solutions for drones to protect Ukrainian cities from Shahed attacks. The...
INLEAP Photonics Secures Pre‑Seed Funding Led by HTGF
German laser‑beam steering startup INLEAP Photonics announced the close of a pre‑seed round, raising an undisclosed amount. The round was led by High‑Tech Gründerfonds (HTGF) with participation from Ventis Capital and other private investors. The capital will be used to...
Naval Group Invests in cortAIx France, Joining Thales in Sovereign AI Venture
Naval Group announced an investment in the capital of cortAIx France, a joint AI initiative led by Thales. The partnership aims to accelerate the development and industrialisation of AI solutions for critical defence systems, ensuring algorithmic sovereignty and data security.
Bangladesh Navy Acquires Ex‑Royal Navy Vessel HMS Enterprise
Bangladesh and the United Kingdom have finalized a government‑to‑government agreement transferring the former Royal Navy hydrographic survey vessel HMS Enterprise to the Bangladesh Navy, enhancing its maritime security and research capabilities.
DoW Invests $1B in L3Harris for SRMs
The U.S. Department of War announced a $1 billion investment in defense contractor L3Harris to support the development of SRMs. The capital infusion is aimed at enhancing L3Harris's capabilities in strategic resource management. The deal was reported in the latest Defense...