Defense tech startup Covenant on Wednesday announced the opening of a 105,000-square-foot factory in Dallas to accelerate lower-cost missile manufacturing for the U.S. military. The startup, which is coming out of stealth and is backed by Andreessen Horowitz, Peter Thiel‘s Founders Fund, Lux, 8VC, Aleph and Lightspeed, also announced $250 million in funding over three…
File: A boat of the Iranian Revolutionary Guard at undisclosed location off the coast of Bandar Abbas, Iran August 2019. Nazanin Tabatabaee | WANA | Reuters The U.S. military on Tuesday said an unmanned submersible that Iran reportedly seized in the Strait of Hormuz was “defective” and carried no sensitive data or classified equipment. “An…
A flag adorns the ArcelorMittal Dofasco steel plant as trade tensions escalate over U.S. tariffs and retaliatory measures by Canada in Hamilton, Ontario, Canada, Aug. 24, 2026. Carlos Osorio | Reuters Iran hit out at Canada for supporting U.S. actions in the Strait of Hormuz, calling Ottawa’s moves “a display of strategic confusion and submission…
TEHRAN, IRAN – AUGUST 2: A man looks at a banner depicting U.S. President Donald Trump and bearing messages was displayed in front of the Zolfaghar and Zolghadr ballistic missiles exhibited at Azadi Square in Tehran, Iran’s capital, on August 2, 2026. (Photo by Fatemeh Bahrami/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images…
Satellite view of Kharg Island, located in the Persian Gulf off the coast of Iran. Gallo Images | Gallo Images | Getty Images U.S. forces struck three Iranian crude oil carriers Saturday after U.S. Central Command said the Islamic Revolutionary Guard Corps launched ballistic missiles toward two Navy warships in the region. CENTCOM said it…
European Commission President Ursula von der Leyen attends a press conference on the day of the European Union leaders’ summit in Brussels, Belgium Oct. 23, 2025. Yves Herman | Reuters European Commission President Ursula von der Leyen will travel to Greenland’s capital on Sunday, seeking to shore up support for the Arctic island against a…
U.S. Treasury Secretary Scott Bessent speaks during a “fireside chat”, as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, U.S., September 1, 2026. Sam Wolfe | Reuters The European Union has formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it’s weighing a military role to…
Russian President Vladimir Putin suggested Thursday that there is a “chance” at “peace” with Ukraine, but repeated that Kyiv’s warnings to airlines to avoid Russian airspace amounted to “state terrorism.” “Ultimately…the problem must be resolved by the countries involved in the conflict – Russia and Ukraine,” he said in translated remarks at the Eastern Economic…
Former Ukrainian Defense Minister Mykhailo Fedorov is launching a defense technology company backed by Palantir CEO Alex Karp, as the former government official looks to turn Ukraine’s wartime technology experience into products for Kyiv and its allies. Karp is set to become the company’s first lead investor, according to Fedorov’s press office. The size of…
Iranian-made Zolfaghar missiles are displayed at Azadi Square in Tehran on August 2, 2026. Atta Kenare | Afp | Getty Images U.S. forces completed another wave of strikes against Iran late Tuesday stateside, hitting multiple sites across the country, in a renewed exchange of fire between the warring parties after a nearly month-long hiatus. In…
