← US Feed

Singularity Air Defense Raises $80M to Fight Drones

Singularity Air Defense Raises $80M to Fight Drones

AI Briefing

  • • Singularity, a defense tech startup, has emerged from stealth with $80M in funding.
  • • The company is led by engineers from SpaceX, Tesla, and Anduril.
  • • Funding will be used to scale low-cost air defense interceptors.

Context

Singularity, a defense tech startup, has emerged from stealth with an $80M Series A funding round. The company is led by engineers from SpaceX, Tesla, and Anduril, as well as operators with combat experience in air defense deployment.

The funding will be used to scale low-cost air defense interceptors, with the company valued at $400 million after the oversubscribed Series A round.

Advertisement
Read Original Article