ICEYE closed a Series F worth over €1bn at a €10bn-plus valuation, a record European spacetech round, to scale the radar constellation Ukraine already uses to find Russian targets.
A bipartisan House forced through $8 billion in military loans and USAI funding to 2027, but the package still has to clear a Republican Senate and an opposed White House before it buys a single interceptor.
A rising share of UK defence companies are being refused overdrafts and working capital, Make UK Defence told the Treasury Committee, blaming the stalled Defence Investment Plan.
Defense-tech venture funding hit a record $14.6 billion in the first five months of 2026, per Crunchbase. The companies drawing the biggest checks build what Ukraine's front increasingly runs on: cheap, mass-produced autonomy.
Mach Industries raised a $300M Series C at a $1.8B valuation to expand its Forge factory network, the latest sign that defense-tech money is moving from prototypes to mass production.
Motorola is paying $1.5 billion for a counter-drone firm whose RF takeover seizes a drone's control link, the same link Ukraine's fiber-optic drones are built to fly without.
Warsaw signed the deals between May 28 and 30 to beat an EU deadline, with about 89% of the money going to domestic firms led by state group PGZ.
Defense Minister Mykhailo Fedorov has put about $113 million behind a campaign of mid-range drone strikes on Russian supply lines. ISW links the pressure to Russia's first monthly territorial loss since 2024.