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Technology Modernization Fund
Trends
- 1Indigenous Marine Initiative Awtij Wins Ocean Funding Award▼Awtij Indigenous Marine Intelligence Wins MEOPAR and Ocean Exchange Funding Award
Awtij Indigenous Marine Intelligence has won a funding award from MEOPAR and Ocean Exchange, two organisations supporting marine and coastal innovation. The award provides financial backing for the initiative's work applying Indigenous knowledge to ocean monitoring and marine intelligence. The recognition highlights growing interest in pairing traditional Indigenous expertise with modern ocean technology.
- 2Gallatin AI Raises $50 Million Series A for Military Logistics●Gallatin AI Raises $50 Million Series A To Expand Military Logistics Platform
Defense tech startup Gallatin AI has raised a $50 million Series A funding round to expand its military logistics platform. The company builds software aimed at improving how armed forces manage supply chains and operational logistics. The raise adds to growing venture investment in defense technology startups, as militaries and investors increasingly focus on modernizing logistics capabilities.
- 3Shield AI's X-BAT draws $400 million in combined backing●Shield AI and U.S. government investment in X-BAT reaches $400 million
San Diego defense technology company Shield AI's X-BAT autonomous fighter jet program has reached $400 million in combined investment from the company and the U.S. government. The funding underscores growing Pentagon interest in autonomous, AI-piloted aircraft, with the X-BAT pitched as a lower-cost complement to crewed fighters like the F-35.
- 4Gallatin AI Raises $50 Million to Modernize Military Logistics▼Gallatin AI Announces $50 Million Series A to Accelerate Transformation of Military Logistics
Gallatin AI has announced a $50 million Series A funding round aimed at accelerating its work to transform military logistics with artificial intelligence. The announcement was carried by Morningstar. The company says the investment will help it scale technology designed to improve how armed forces manage supply chains and the movement of equipment and materiel.