Daily Hard Tech Headlines:
- @TiberiusInc has signed a CRADA with the US Army to advance Sceptre, a Mach 3+ ramjet-powered 155mm round designed to strike targets up to 150 kilometers away in GPS-denied environments.
- @aureliuslasers has secured a $40 million Series A led by Draper Associates and KAS Venture Partners. The San Francisco startup develops laser-based C-UAS systems to neutralize drone threats.
- Fulcrum Venture Group has added Dave Horvath as principal and head of its D.C. office. Horvath served as an officer at U.S. Cyber Command and U.S. Special Operations Command and previously led growth at Forterra.
- @OndasHoldings has secured a $50M+ U.S. Army order to deliver tactical strike drones.
- Claro Puerto Rico, one of the island’s largest telecom operators, is investing $35M to extend a submarine fiber-optic cable, marking the first such cable landing in southern Puerto Rico.
The Romanian Navy has carried out controlled explosions to redirect river water toward a nuclear power plant for cooling as water levels fall dangerously low.
- @AvatarRobots has secured a $6.5 million seed round led by @alley_corp. The San Francisco startup develops robotics for the logistics, warehousing, and manufacturing markets.
- Moove, the UAE-based startup, has secured a $250 million Series C led by Mubadala. The company is developing fleet operations and infrastructure for autonomous vehicles.
- The University of Florida has launched a robotics lab focused on construction tech.
- Avnet, the Arizona-based electronics distributor, has partnered with Weston Robot to develop edge computing for industrial robotics.
- Telesat has secured a C$2.3B contract to expand Arctic military satellite communications for the Canadian Armed Forces | Forces armées canadiennes.
- Gautam Gupta has joined Atoms as CFO. Founded by Travis Kalanick, Atoms is developing hard-tech across mining, transportation, and food.
- Antin Infrastructure Partners is in exclusive talks to sell Idex, a European developer of low-carbon energy infrastructure, to Infrastructure Investments Fund.
- @Firestorm_Labs, the San Diego-based forward-deployed manufacturing startup, has successfully tested its xCell containerized additive manufacturing platform in the maritime domain, printing more than 1,000 parts, including 12 FPV drones, across varying sea states.
