US defence tech company Anduril Industries has raised $5 billion, pushing its valuation to $61 billion. The funding follows a breakout year where revenue doubled to $2.2 billion and the company expanded its workforce. With geopolitical tensions reshaping demand for defence innovation, investors are piling into firms they see as future-ready.
Armory, a 2024 defence tech startup, has secured a ₹100 Cr order from India’s defence ministry to produce and deploy its AI-powered counter-unmanned aircraft system, SURGE. The system uses proprietary Samaritan OS to detect, track, and neutralize rogue drones by scanning environments at massive speed and continuously updating its RF threat library. Armory plans to scale manufacturing, expand hiring, and invest in R&D in Manesar.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Deeptech startup Optimized Electrotech has raised ₹35 Cr in a round led by Exfinity Ventures to expand into space-based sensing. The firm says it will build satellite systems, grow its defense and security presence, and scale AI-enabled imaging for continuous real-time surveillance. Founded in 2017, it serves the Indian Army and Navy and works with ISRO, with initial satellite orders already secured.
Optimized Electrotech has raised Rs 35 crore in a round led by Exfinity Ventures to accelerate its shift into space-based sensing. The company says it is building a sovereign sensing stack for India, supported by initial orders for a satellite platform and prior defence deployments. The money will help it develop satellites and constellation infrastructure for persistent, real-time imaging and surveillance.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
