Defense tech funding could contract this year, but investor appetite for startups with AI capabilities remains strong.
Credit: K illustrator Photo / Alamy Stock Vector
Defense tech startups raised $9.1 billion in the first half of 2024 compared to $34.9 billion for all of 2023 and $35.8 billion in 2022, a new report by research firm PitchBook says. While PitchBook emphasizes that investor appetite for defense tech remains strong compared to some other industries...
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AI Startups Resilient Amid Reduced Defense Tech Funding is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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