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Anduril
Anduril’s Brian Schimpf Spent Nine Years Warning of a Munitions Crisis. The Iran War Proved Him Right.
Brian Schimpf handed a reporter a three-pound tungsten warhead at a secretive West Texas test site, then watched an Anduril Bolt drone dive at 85 degrees toward hills the company would not let a photographer shoot. That scene opens a…
Shield AI V-BAT Severs Romanian Officer’s Fingers as Reuters Documents 50-Plus Crashes
A Romanian Navy official lost two fingers and fractured a third on May 12 when her hand was caught in the propeller of a Shield AI V-BAT drone during a training exercise on a boat off the Texas coast. Romania’s…
BAE, Anduril Shortlisted for UK Apache Wingman Drone
The UK Ministry of Defense announced on May 15 that BAE Systems, Anduril Industries, Tekever, and Thales UK have been shortlisted to develop autonomous drones that will fly alongside the British Army’s AH-64E Apache attack helicopters. The four firms will…
Helsing Aims for $18 Billion Valuation in $1.2 Billion Dragoneer-Led Round
Helsing is in advanced talks to raise $1.2 billion at a valuation of about $18 billion, according to the Financial Times. The round would push the Munich-based defense AI company past most of Europe’s other private tech firms and cement…
Titan Batteries Opens UAV Pack Line At Bosch Site In Tilburg As Europe’s Drone Buildout Reaches The Battery Layer
Titan Batteries opened a UAV battery production facility in Tilburg, the Netherlands, on May 2, 2026. The Idaho-headquartered company says the launch makes it the first dedicated drone battery supplier with full-scale assembly lines on two continents. The new line…
Europe Gets Its First Military Drone Marketplace
European defense ministries now have a single platform to browse, compare, and deploy drones from across the continent, as reported by Agence Europe. Amsterdam-based Intelic launched BASE on May 4, describing it as the first procurement hub of its kind…
The Army Picked Atlas Over Better Drones. Here’s Why
The 101st Airborne Division became the first division to train with the Aevex Atlas at the Joint Readiness Training Center in Louisiana, as Clarksville Now reported. That’s a significant moment, but the real story isn’t about being first. It’s about…
Skydio Raises $110M Series F At $4.4B Valuation, And The CEO Says The Small Size Is The Point
Skydio closed a $110 million Series F on Thursday at a $4.4 billion post-money valuation, with CEO Adam Bry framing the modest raise as the real headline. The San Mateo drone maker was oversubscribed. Existing investors wanted to put in…
Pentagon Requests $75 Billion For Drones In FY27, With DAWG Getting The Largest Year-Over-Year Boost Of Any Defense Program
Pentagon’s FY27 budget earmarks $75B for drones, with $54.6B for DAWG, the largest year-over-year boost of any defense program. Full analysis and what’s next.
Aevex Stock Doubles in Two Days as Wall Street Bets Big on Military Drone Makers
Shares of Aevex Corp. doubled Monday, April 20, 2026, just two trading sessions after the military drone manufacturer listed on the New York Stock Exchange. Class A shares jumped as much as 49% to $40.25, up from the initial public…
24 MQ-9 Reapers Lost Over Iran: A $720 Million Problem
Operation Epic Fury has cost the US Air Force 24 MQ-9 Reaper drones since late February. At roughly $30 million per airframe, the losses add up to around $720 million in hardware alone, as National Interest reports. Iranian surface-to-air missiles…
FAA Picks Palantir, Thales, and Airspace Intelligence to Build AI That Predicts Flight Conflicts Two Hours Out
The Federal Aviation Administration is quietly developing an AI-powered air traffic management tool that would let controllers deconflict flight paths up to two hours before a collision risk emerges, according to reporting from The Air Current published April 17, 2026.…