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TKMS, the German warship manufacturer which has spun out from parent group Thyssenkrupp, plans to capitalize on the expected surge in Europe’s defense spend with “prudent, margin-oriented growth” after debuting on Frankfurt’s stock exchange Monday. The initial public offering saw TKMS launch at around 60 euros ($70) per share — giving it a market … Read more
A decade ago, two college students built a fire extinguisher that snuffed out a fire using nothing more than a booming 10-inch subwoofer. The internet lapped it up, and Jimmy Fallon even booked a demonstration for The Tonight Show. But since that brief viral moment, there hasn’t been much more than a whisper about the … Read more
NEWYou can now listen to Fox News articles! The Atlanta Falcons used their bye week to find the right answers for the Buffalo Bills, who they beat 24-14 on “Monday Night Football.” The Falcons improved to 3-2 on the season, while the Bills have now lost two straight after starting the season 4-0. While there … Read more
One of America’s top defense CEOs says the biggest threat to national security isn’t technology, adversaries, or resources—it’s the fact that much of U.S. defense strategy has become anachronistic. Speaking at Fortune‘s Most Powerful Women conference, SAIC Chief Executive Toni Townes-Whitley talked about how it may be “nerdy” and “geeky” but the world of warfare is … Read more
Stoke Space announced a massive capital raise on Wednesday that might seem, at first glance, like just another bet on the commercial launch market. The details tell a different story. Led by billionaire Thomas Tull’s U.S. Innovative Technology, a fund that explicitly invests in technologies tied to national security, the $510 million Series D round … Read more
Firefly Aerospace on Sunday said it had agreed to buy defense analytics firm SciTec for about $855 million in cash and stock, paving the path to its goal of becoming a significant player in the national security market. Firefly will pay around $300 million in cash and $555 million in new shares, and the deal … Read more
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop … Read more
NEWYou can now listen to Fox News articles! Rejecting reports of a split with the brass, the Department of War says the National Defense Strategy was “seamlessly coordinated” with senior civilian and uniform leaders — and that “any narrative to the contrary is false.” On Monday, The Washington Post reported that multiple senior officers had … Read more
Hey folks, buckle up because if you’re glued to the markets this morning, you’ve probably spotted one name lighting up the board like a Fourth of July sparkler: Nova Minerals (NVA). As of this writing, shares are up a whopping 15% – that’s right, trading around $18.93 after jumping $2.53 in early action. This isn’t … Read more
NEWYou can now listen to Fox News articles! For the second time in less than a week, a Virginia state lawmaker up for reelection has been targeted with a death threat, amid heightening political rhetoric and the murder of Charlie Kirk. Del. Geary Higgins, R-Lovettsville, confirmed to Fox News Digital on Monday that he was … Read more
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