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Lockheed Martin

DefenseBethesda, USAFounded 1995Website ↗

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  1. Anduril In Talks For Employee Sale At $90B ValuationThe Information reports Anduril is discussing an employee share sale valuing the defense-tech company at $90 billion, a separate track from reported talks on a new primary round near $100 billion.→
  2. Lockheed Backs Fortem's $50M RoundFortem Technologies closed a $50 million Series B led by Lockheed Martin, days after landing a counter-drone contract with a $1 billion ceiling.→
  3. A Second Hadrian Raises $40M, This One For CybersecurityA Netherlands-based cybersecurity startup called Hadrian raised a $40 million Series B for its AI-powered offensive security platform -- a different company entirely from the $7.87 billion defense-manufacturing unicorn of the same name.→
  4. Rocket Lab Protests NASA's $700M Blue Origin Mars DealRocket Lab filed a GAO bid protest challenging NASA's award of a $700 million Mars communications orbiter contract to Blue Origin, triggering an automatic stay on the work.→
  5. Poseidon Aerospace Lands $60M Series APoseidon Aerospace raised a $60 million Series A led by TQ Ventures ahead of the first test flight of its uncrewed cargo aircraft Egret, adding to an $11 million seed round closed last year.→
  6. Ex-Replit GC Raises $60M to Build Legal AIGC AI, founded by former Replit general counsel Cecilia Ziniti, raised a $60 million Series B at a $555 million valuation to sell AI legal software to in-house corporate legal teams rather than law firms.→
  7. Castelion Hits $13B Value on $1B Hypersonic Missile RoundCastelion, the hypersonic-missile startup founded by former SpaceX executives, raised a $1B Series C co-led by Andreessen Horowitz, Carlyle and JPMorgan Chase at a $13B valuation, more than double its prior mark.→
  8. Castelion Hits $13B Valuation to Mass-Produce MissilesDefense startup Castelion raised a $1B Series C co-led by Andreessen Horowitz, Carlyle and JPMorgan at a $13B valuation to mass-produce hypersonic missiles in New Mexico, as the Pentagon races to close a stockpile gap with China.→
  9. Defense Tech's Funding Boom Still Has Room to RunAnduril's talks for a $100 billion valuation, up from $61 billion two months ago, are the headline, but the real story is how deep the defense-tech funding bench has gotten behind it.→
  10. Heaviside's Valuation Jumps 21x in Three MonthsPrecision-munitions startup Heaviside raised a $60 million Series B at a $600 million valuation, more than 21 times its Series A price three months ago, and partnered with Norwegian defense manufacturer Nammo to supply warheads.→
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  1. Jul 8, 2026FUNDINGVenus Aerospace Raises $91M to Scale Its Detonation Engine$91M Series B→

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FUNDING

Venus Aerospace Raises $91M to Scale Its Detonation Engine

Illustration for: Venus Aerospace Raises $91M to Scale Its Detonation Engine
FUNDING$91M Series B

Venus Aerospace Raises $91M to Scale Its Detonation Engine

Venus Aerospace closed a $91 million Series B led by Mercury Fund, with Lockheed Martin Ventures participating, to mature its flight-proven rotating detonation rocket engine into full propulsion systems.

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