Author Archives: The Editor

Stark Valued at $500M after $62M in Fresh Funding Led by Sequoia Capital

German unmanned weapons systems startup Stark has raised $62 million in fresh funding led by Sequoia Capital, boosting its valuation to $500 million. The latest round has drawn interest from 8VC, Thiel Capital, the NATO Innovation Fund, In-Q-Tel (the CIA’s venture arm), Project A, and Döpfner Capital. Continue reading

Lockheed Martin Sikorsky Awarded US Army Contract for Black Hawk Modernization Efforts

Sikorsky, a Lockheed Martin company has announced a new U.S. Army contract that will fund Black Hawk modernization engineering efforts. The initial $43 million contract award will focus on foundational capabilities for modernization: enhancement of the airframe and inclusion of a digital backbone capability to allow for rapid unmanned aerial systems (UAS) integration. Continue reading