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FirePoint’s $2.5 Billion UAE Deal Rejected Before It Could Begin
Ukraine’s anti-monopoly committee sent back an application for a $760 million acquisition of a 30% stake in FirePoint, the country’s top long-range drone and missile maker, according to a written response the committee gave to Reuters on April 8, 2026.…
Hermeus raises $350M to build the fastest unmanned aircraft in the world
Hermeus, the Atlanta-based defense aviation company developing high-Mach unmanned aircraft, has closed a $350 million Series C round that values the company at $1 billion. The round, announced today, was led by Khosla Ventures and brings Hermeus’ total capital raised…
The Verge Confirms What We’ve Been Saying: Nobody Is Replacing DJI, and Drones Are Now for War
The Verge published a major report today asking the question every American drone pilot has been asking since December: who fills the DJI-shaped hole? Senior editor Sean Hollister interviewed me, Vic Moss, cofounder of the Drone Service Providers Alliance, Antigravity…
Army Launches Altius-700 Drone From an Apache in Under Six Months
The U.S. Army just demonstrated something that sounds straightforward until you think about what it actually required: launching an autonomous strike drone from a moving Apache attack helicopter in less than six months from the day someone wrote the requirement…
Army Taps Anduril for $20B AI Counter-Drone Framework
The Department of War awarded Anduril Industries a 10-year contract with a ceiling value of up to $20 billion on March 13, consolidating over 120 separate procurement actions into a single enterprise agreement built around the company’s AI-powered Lattice software…
Anduril FURY Combat Drone Production Starts at Ohio’s Arsenal-1 as US Military Urgency Grows
Anduril Industries will begin building its FURY “loyal wingman” high-speed combat drone within days at its new Arsenal-1 facility in Pickaway County, south of Columbus, Ohio, according to a Reuters report published March 19, 2026 (paywalled). The nearly $1 billion…
Jetson ONE Flies the California Coast and 115 Million People Watched
The inventor of the Jetson ONE took off from his driveway, flew over Pismo Beach surfers and straight over the pier, and landed in Grover Beach. MrBeast filmed it. The world noticed. From a Residential Driveway to the Pacific Ocean…
Archer Aviation’s eIPP selection brings air taxis closer to US cities, but certification questions remain
The photo tells you everything about where Archer Aviation actually is right now. That’s N703AX, the company’s Midnight eVTOL air taxi, flying in conventional airplane mode. The six fixed VTOL-only propellers sit stowed on top while the six tilt-propellers on…
US Air Force swaps AI midflight on YFQ-44A
The United States Air Force just treated combat drone autonomy like an app you can close and reopen, except this app flies at jet speeds. In a recent test, Anduril Industries demonstrated that its YFQ-44A Collaborative Combat Aircraft can switch…
Helsing and Stark’s German drone deals could reach €4.3 billion, procurement documents reveal
Two weeks ago, we reported that Helsing and Stark Defence had beaten Rheinmetall for €600 million in German loitering munition contracts. That number was based on Bloomberg’s reporting. Now the Financial Times has obtained the actual procurement documents submitted to…
Anduril Launches AI Grand Prix: $500K Autonomous Drone Racing Competition Where Software Engineers Compete For Jobs
Anduril is launching the AI Grand Prix, an autonomous drone racing competition where humans don’t fly the drones—they write the software that does. The $500,000 prize pool comes with something potentially more valuable: a job offer that bypasses Anduril’s standard…
Bessemer’s 2026 Defense Roadmap: Autonomous Drones Move From Testing to Combat
Bessemer Venture Partners just released its 2026 defense tech roadmap, and the message for the drone industry is clear: autonomous systems aren’t experimental anymore. They’re defining battlefield outcomes. The venture capital firm, which has backed companies across the defense sector,…