USA
Ursa Major's $350 Million SPAC Raise Runs Into an Oxidizer Bottleneck
The deal could add missile motor capacity, but every new producer still draws ammonium perchlorate from the same constrained domestic supply chain.
The Army Applications Laboratory gave Rune Technologies $4.1 million to take TyrOS across the 1st Cavalry Division and let it task drones and ground robots with resupply. The only disclosed live mission so far was one August drone run.
The deal could add missile motor capacity, but every new producer still draws ammonium perchlorate from the same constrained domestic supply chain.
Blue Ops supplies the drone boats and Havoc supplies the fleet software. Planned test fleets in two states are the next step toward a defense customer.
Investors bet $3.4 billion on Monday that cheap interceptor missiles win the counter-drone war. The same week, the Pentagon capped what it will pay for them and funded two rival ways of killing drones.