Defense technology Archives

Lux Capital lands $1.5 billion for its largest fund ever

Lux Capital, a 25-year-old VC firm known for its investments in frontier science and defense technology, has closed its ninth fund worth $1.5 billion, the largest in the firm’s history. Despite the number of new VC funds raised in US venture fundraising in 2025 hitting a 10-year low, according to PitchBook, it’s not hard to…

Firefly leans into its defense ambitions with $855M SciTec acquisition

Sagar10 months ago02 mins

Jugnu Aerospace said on Sunday that it had agreed to buy the defense analytics firm Skytek for about $ 855 million in cash and stock, paving the way for his goal of becoming an important player in the national security market. The fireplace will pay $ $ 555 million in about $ 300 million cash…

Anthropic revenue jumps to over $11.5 billion in Q2: report

How this UK exchange is trying to do both in the U.S.

SPR depletion raises questions about integrity of oil caverns

Ditch cash, long-term bonds. The market’s safety trade money has moved

Iran rebuffs Trump’s claim over Hormuz amid report of ship strike

Data centers in space emerge as next frontier for insurers

Data breaches surge in 2026 as AI plays a growing role in cyberattacks

NATO fighter jets shoot down drone over Latvia

Extreme heat spurs earliest-ever Champagne harvest

Russia’s wartime economy faces growing pressure

Defense technology

Lux Capital lands $1.5 billion for its largest fund ever

Firefly leans into its defense ambitions with $855M SciTec acquisition