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- 1Defense Tech Gold Rush Draws 'Tourists' to Pentagon▼Defense Tech’s Gold Rush Is Bringing ‘Tourists’ to the Pentagon
A surge of venture-backed defense technology startups and investors is crowding the Pentagon, with established players reportedly dismissing some newcomers as 'tourists' chasing defense dollars rather than committed partners. The influx reflects a broader gold rush in defense tech as venture capital pours into companies hoping to win military contracts, raising questions about who is serious about national security work.
- 2Defense startup Mach Industries doubles valuation to $3.7 billion●Defense tech Mach Industries doubles valuation to $3.7B in 3 months The buzzy startup raised another $600 million in a S
Defense technology startup Mach Industries has doubled its valuation to $3.7 billion in just three months after raising $600 million in a Series C extension, bringing the round's total to $900 million. The rapid re-pricing highlights intense investor appetite for defense tech firms amid rising global military spending and growing interest in autonomous weapons systems.