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DEFSEC Technologies Announces CAD$2.1 Million Registered Direct Offering
TMX Newsfile· 2025-12-17 12:00
Ottawa, Ontario--(Newsfile Corp. - December 17, 2025) - DEFSEC Technologies Inc. (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCW) ("DEFSEC" or the "Company"), today announced that it has entered into definitive agreements for the purchase and sale of 566,040 common shares at a purchase price of CAD$3.64 (US$2.65) per common share in a registered direct offering. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 566,040 common shares at an exercis ...
SAIC and HavocAI Partner to Link Autonomous Fleets to Global Command and Control Infrastructure for U.S. Navy
Globenewswire· 2025-11-19 13:30
Core Insights - The collaboration between Science Applications International Corp. (SAIC) and HavocAI aims to enhance maritime domain awareness for the U.S. Navy by integrating SAIC's communication infrastructure with HavocAI's autonomous fleets [1][3][4] Group 1: Collaboration Details - The integration connects HavocAI's autonomy stack, which currently operates dozens of autonomous vessels, to SAIC's Joint Range Extension (JRE) system, enhancing command and control capabilities [2][4] - This partnership will allow for the seamless connection of diverse fleets of sensors and platforms, supporting the U.S. military's Combined Joint All Domain Command and Control (CJADC2) initiative [3][4] Group 2: Operational Impact - The integrated solution is expected to provide real-time situational awareness data to maritime operations centers, significantly improving operational capabilities for the Navy [4] - The collaboration is positioned to deliver immediate operational value and drive future maritime operations, enhancing decision-making speed and effectiveness [4] Group 3: Company Backgrounds - SAIC is a Fortune 500 mission integrator with annual revenues of approximately $7.5 billion, focusing on technology and innovation across defense, space, civilian, and intelligence markets [5][6] - HavocAI, founded in 2024, specializes in collaborative maritime autonomy and has delivered over 30 operational products to the U.S. military [7]
AI and Warfare: Palantir's UK Head Mosley on the New Era of Defense Technology
Bloomberg Television· 2025-11-17 06:23
Geopolitical and Technological Shifts - The world is moving away from American unipolarity, with China emerging as a near-peer or potentially stronger adversary [1] - A revolution in artificial intelligence (AI) technology is underway, poised to transform all aspects of life, especially defense and military, within 5 to 10 years [2][3] - The integration of AI in defense raises policy questions about maintaining human oversight, particularly as adversaries may not prioritize it [4][5] Palantir's Strategy and Growth - Palantir aims to secure future contracts by leveraging its presence and investments in the UK [6] - The UK is considered a prime location outside the US and China for engineering talent needed to develop Palantir's software [6] - Palantir views the UK as a potential epicenter for defense and military technology development [6] - Palantir has 1 thousand people in London, its second-largest office globally, and plans to significantly expand its UK presence over the next 5 years [7] - The UK is seen as a key military power in Europe, a pillar of NATO, and a potential bridge to the rest of the continent, acting as a security guarantor [7][8]
X @The Economist
The Economist· 2025-10-20 15:40
The fighting is unrelenting around Kostiantynivka, in Ukraine’s Donbas region. The sound of outgoing artillery and mortar fire echoes across the fields—and new $13,000 Vampire drones are being set free https://t.co/ZCcBDyQkYo ...
Anduril and Palantir battlefield communication system has deep flaws, Army memo says
Reuters· 2025-10-03 10:03
Core Insights - The modernization of the U.S. Army's battlefield communications network is being executed by companies such as Anduril and Palantir, but it faces significant security challenges and vulnerabilities [1] Group 1: Companies Involved - Anduril and Palantir are key players in the modernization efforts of the U.S. Army's communications network [1] - The initiative aims to enhance the battlefield communications capabilities of the U.S. Army [1] Group 2: Security Concerns - The modernization efforts are described as being "rife with fundamental security problems" [1] - There are notable vulnerabilities identified within the new communications network being developed [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-09-30 13:30
Watch: With a 20-foot wingspan and designed to carry a one-ton warhead, the Ukrainian-built “Flamingo” cruise missile can cause serious damage deep inside Russia territory. Here’s what we know about it. https://t.co/vlTKWFGdPi ...
Aerovironment stock rises in premarket after BofA upgrade as drone demand surges
Invezz· 2025-09-18 12:47
Core Viewpoint - Shares of AeroVironment, a provider of unmanned military technology, experienced an increase following a new endorsement from Wall Street, specifically from Bank of America Securities which initiated coverage on the company [1] Company Summary - AeroVironment is recognized for its unmanned military technology solutions, which are gaining traction in the market [1] - The endorsement from Bank of America Securities indicates a positive outlook for the company's stock performance [1] Industry Summary - The unmanned military technology sector is witnessing increased interest and investment, as evidenced by AeroVironment's stock performance following the Wall Street endorsement [1]
What to Watch at China's Military Parade
Bloomberg Television· 2025-08-27 05:58
Military Parade & Weaponry - The military parade on September 3rd will showcase China's military capabilities, including anti-ship missiles, combat drones, and nuclear-capable ballistic missiles [1] - The parade will display cutting-edge technology, including intercontinental ballistic missiles with a range of 15,000 kilometers capable of reaching the US, and hypersonic anti-ship missile systems [4][5] - Wingman drones, designed to accompany fighter jets and enhance their capabilities, will also be featured [5] Geopolitical Significance - The parade serves as a message of deterrence and an opportunity to promote China's military defense complex [6] - The event follows the Shanghai Cooperation Organization (SCO) summit in Tianjin, attended by leaders from countries including Pakistan, a major buyer of Chinese defense systems [6][7] Domestic Impact & Media Coverage - Security is heightened in Beijing, with road closures and increased security checks leading up to the parade [8][9] - Chinese media is ramping up political rhetoric, including a movie called "Dead to Rights" featuring the Nanjing Massacre, which has sparked tension with Japan [10][11] - State media is defending the movie and criticizing Japanese media for questioning the Nanjing Massacre [11]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-10 16:55
Computerized rifle sights and backpack-portable jammers were among the antidrone tech recently tested by the U.S. Army in an exercise in Poland https://t.co/TqNFcFjtQ5 ...
Palantir: As Revenues Rise, Controversy Grows
Forbes· 2025-08-07 16:55
Core Insights - The competition between established defense firms like Lockheed Martin and emerging tech companies such as Palantir is intensifying, significantly influencing the Pentagon budget and U.S. defense strategy for the future [2] - Palantir, founded in 2003 with CIA backing, has seen a remarkable financial rise, with its stock value increasing by 600%, despite ethical concerns regarding its government contracts and AI applications [3] - The company's leadership, particularly CEO Alex Karp, has adopted a confrontational stance towards critics and has been involved in controversial activities, including support for military actions in Israel and aiding U.S. Immigration and Customs Enforcement (ICE) [3][6] Company Overview - Palantir has significantly increased its lobbying expenditures, rising from $1.4 million in 2019 to $5.8 million in the previous year, indicating a strategic push to influence government policy [5] - The company has secured its largest military contract to date, valued at up to $10 billion, to consolidate software initiatives for the Army, showcasing its growing role in defense [6] Industry Dynamics - Emerging military tech firms, including Palantir, view themselves as "new patriots," aiming to restore U.S. global dominance, with a focus on military applications of artificial intelligence [7] - There is a concern that the influence of tech leaders over government and military strategy could undermine democratic decision-making, as these firms should primarily serve as vendors rather than dictate policy [8]