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Google Owns a $1 Billion Unicorn Defense Company Now
Yahoo Finance· 2026-03-07 12:27
Group 1 - Google initially adopted the motto "Don't be evil" in 2004, which has since evolved to a more complex stance regarding military contracts, notably pulling out of Project Maven [1] - Google has developed a technology called Tightbeam lasers for improving interoperability in satellite and communication systems, which has significant military applications [3] - The Office of Naval Research awarded Aalyria, a Google spinoff, a $7 million contract to develop ultra-fast, hyper-secure connectivity for military assets, showcasing the technology's potential in modern electronic warfare [4] Group 2 - Aalyria was spun off from Google in 2022, retaining a minority stake, and recently raised $100 million in funding, achieving a valuation of $1.3 billion, thus becoming a unicorn company [5]