Radio
Now Playing
Quickyla Radio โ€” Click to play
Open โ†’
3 min left
Back to News

Defense tech is flooded with money, but whoโ€™s built to last?

Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fu

Defense tech is flooded with money, but whoโ€™s built to last?
TechCrunch โ€” 3 June 2026
Text:
11 0 0

Defense tech is red hot right now.ย Andurilย andย Mach Industriesย just doubled and quadrupled their valuations, respectively,ย and the U.S.ย government is proposingย aย 40% increaseย in defense budget. A wave of new startupsย isย chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Andurilโ€™s first check, most of themย will get lost in the Valley of Death between prototype contract [โ€ฆ]

This report comes from TechCrunch. The story centres on Defense tech is flooded with money, but whoโ€™s built to last?. Full coverage and background context is available at the original source. Readers seeking more detail on this developing topic are encouraged to follow updates from TechCrunch and related outlets covering this beat.

Advertisement
React:
Sources
Sponsored

More to Read

You can now beat ChatGPT Codex rate limits, if you have friโ€ฆ
๐Ÿ’ป Technology
You can now beat ChatGPT Codex rate limits, if you have friends
Android Authority ยท 5 days ago
Meta is reportedly developing an AI pendant
๐Ÿ’ป Technology
Meta is reportedly developing an AI pendant
TechCrunch ยท 17 days ago
Cash App made a magic wand for contactless payments
๐Ÿ’ป Technology
Cash App made a magic wand for contactless payments
The Verge ยท 12 days ago
'Astonishing': James Webb telescope spots the most chemicalโ€ฆ
๐Ÿ”ฌ Science
'Astonishing': James Webb telescope spots the most chemically primitive galaxy in the ancโ€ฆ
Live Science ยท 16 days ago
CBS News insiders worry how 60 Minutes will endure after fiโ€ฆ
๐Ÿ’ฐ Business
CBS News insiders worry how 60 Minutes will endure after firings: โ€˜What are they going toโ€ฆ
Guardian Business ยท 12 days ago
Sam Altman says OpenAI's top token spender uses 100 billionโ€ฆ
๐Ÿ“ˆ Markets & Finance
Sam Altman says OpenAI's top token spender uses 100 billion tokens a month โ€” and they're โ€ฆ
Business Insider Mkt ยท 13 days ago
Full view