Core Insights - Chaos Industries, a counter-drone radar manufacturer, raised $510 million in a recent funding round, reflecting strong investor interest in military technology firms [1][2] - The company is now valued at $4.5 billion and has raised a total of $1 billion since its founding in 2022 [1][2] - The funding will be used to increase manufacturing capacity and expand the workforce [2] Industry Trends - The defense tech sector has seen nearly $30 billion in investments this year, indicating a booming market [2] - New multibillion-dollar companies are emerging, such as Anduril, valued at $30 billion, and others like Saronic and Shield AI [3] - Investors are optimistic about the role of defense tech in modernizing the U.S. military amid geopolitical tensions and evolving warfare [5] Company Developments - Chaos Industries has secured a $2 million contract with the U.S. Air Force and anticipates announcing more contracts soon [6] - The company’s radars can detect drones from hundreds of kilometers away, outperforming traditional systems [7] - Chaos recently acquired Ziva Corporation to enhance its technology, allowing for faster threat detection [7]