Motorola buys D-Fend weeks after DHS opens $1.5B contract
Motorola closed a $1.5B counter-drone acquisition on August 20, three weeks after DHS opened a contract worth the same amount to twelve companies.
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Matternet Warns on Going Concern With Revenue Under $400,000
Matternet's SEC filings show $392,739 of revenue in the year to 30 September 2025, a $145.7M accumulated deficit and an auditor going-concern opinion.
XTI Aerospace Warns of Going-Concern Doubt After CEO Resigns
XTI Aerospace told the SEC its late second-quarter 10-Q is expected to disclose going-concern doubt, days after chairman and CEO Scott Pomeroy resigned.
Ondas Books $83.8M Quarter, Raises Guidance to $550M
Ondas grew Q2 2026 revenue more than 13-fold to $83.8 million and lifted full-year guidance, while adjusted EBITDA losses widened to $50.6 million.
Airbound Raises $37M to Undercut Trucks on Delivery Cost
Airbound raised a $37M Series A led by Greenoaks for tail-sitter cargo drones, with DoorDash joining and a 10,000-flights-a-day network planned in India.
Archer Buys Boeing's Wisk, Insitu and SkyGrid in eVTOL Shakeup
Archer is acquiring Boeing's Wisk Aero, Insitu and SkyGrid, absorbing a rival air taxi programme and a profitable military drone unit in one deal.
Neros Raises $250M to Build Interceptors, Not Just FPV Drones
Neros raised $250M at a $2.5B valuation and is adding a counter-drone interceptor, moving beyond the FPV airframes that made its name in Ukraine.
AVPL International Opens Drone City Haryana in Hisar
AVPL International inaugurates Phase-1 of its ₹80 crore Drone City Haryana, a 11.5-acre drone manufacturing hub in Hisar backed by ₹58.51 crore in state incentives.
Anduril Barracuda-500M: Army's New 500-Mile Cruise Missile Explained
The US Army's Barracuda-500M contract covers 3,000 containerized cruise missiles with 500-nautical-mile range, designed for high-volume production and dispersed Indo-Pacific deployment.
Anduril Raises $5B Series H, Valued at $61B
Anduril closed a $5 billion Series H round at a $61 billion valuation, led by Thrive Capital and a16z, alongside a contract to supply 3,000 Barracuda-500M missiles to the US Army.