Pull to refresh
Logo
Daily Brief
Following
Why Ranks Sign Up
U.S. Air Force

U.S. Air Force

Military Branch

Appears in 2 stories

Stories

Anduril's rise as a Pentagon challenger

Money Moves

Major customer via CCA program

Anduril Industries closed a $5 billion Series H round in May 2026, doubling its valuation to $61 billion in under a year. The raise caps a busy spring: a $20 billion Army contract in March, Arsenal-1's ahead-of-schedule launch, and a lead role in the Pentagon's $185 billion Golden Dome interceptor program.

Updated 2 days ago

JetZero's $1B bet on reinventing the airplane

New Capabilities

Primary funder via Defense Innovation Unit contract

The tube-and-wing aircraft design has dominated commercial aviation since the Boeing 707 entered service in 1958. JetZero, a Long Beach startup, just raised $175 million to challenge that 67-year-old paradigm with a blended-wing body aircraft that merges fuselage and wings into a single lifting surface—promising 50% fuel savings over conventional jets.

Updated Jan 13