Defense Tech Funding Set To Reach New High

Defense tech funding in 2024 has reached $2.5 billion and is likely to surpass 2022’s record $2.6 billion.

Credit: Elena Merkulova/Alamy Stock Vector
Venture capital (VC) funding in defense technology firms has reached $2.5 billion this year following Anduril Industries’ $1.5 billion Series F round completed in early August, according to a new report by startup data tracker Crunchbase. With four months to go in 2024, this year’s defense tech...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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