Singularity Defense exits stealth with $80M Series A for low-cost air defense
What's the deal? Singularity DefenseDealroom has a profile for this one. Try Dealroom →, a startup building low-cost air defense systems, has emerged from stealth with an $80 million Series A round. Khosla Ventures and Felicis led the investment.
What's the endgame? The Los Angeles-based company designs air defense systems meant to counter similarly cheap munitions. It develops its own hardware and software and currently runs multiple flight tests each month.
Why now? Singularity plans to reveal its product and technology later this year. The company said it is prioritising mass production and deployment.
The signal: The round underscores investor appetite for defence startups tackling the cost imbalance in modern warfare, where expensive interceptors are used against cheap drones and munitions.
Read more: Defense Daily
Image credit: U.S. Missile Defense Agency
