Defense Manufacturing

Torrance, Calif. – November 02, 2026 -- Neros has secured a $450M conditional loan commitment from the Office of Strategic Capital (OSC) to fund vertically integrated manufacturing of multiple drone platforms and the critical components that go into them. Neros is committing $165M of its own equity alongside the loan, bringing the total project size to $615M.

Neros targets one million drones per year by 2028

The company says the capital puts it on the path to that output level within two years of the announcement. Production is planned across long-range strike, close-quarters combat and interceptor capabilities.

In-house component manufacturing anchors the supply chain plan

The funding covers component production alongside drone assembly. CEO and Co-Founder Soren Monroe-Anderson said the commitment supports U.S. manufacturing and the "onshoring the supply chains and components we'll rely on during extended conflicts."

New York – October 29, 2026 -- Dallas-based Firehawk Defense announced a $150 million funding round and said it expects to become the largest U.S. producer of artillery motors by the end of 2027, according to the NYSE's pre-market update delivered by Kristen Scholer.

Firehawk plans more than 100,000 artillery motors next year

The startup will use the proceeds to expand its Great Plains Arsenal in Oklahoma and an integration facility in Mississippi. Firehawk targets output of more than 100,000 artillery motors next year.

Hex lifts its valuation to $1.2 billion after a record revenue quarter

Hex raised its valuation to $1.2 billion and introduced Hex 4.0, which it describes as a from-scratch rewrite for the era of agents. The company said it is coming off the best revenue quarter in its history. Founder and CEO Barry McCardel will join NYSE Live to discuss the company's next moves.

Israel – October 25, 2026 -- Massivit 3D Printing Technologies (TASE: MSVT) has appointed retired U.S. Air Force Brigadier General Chris "Alf" Athearn, a former overseer of a defense armaments portfolio above $5 billion, to its Advisory Board to speed its entry into the U.S. aerospace and defense market.

Athearn brings 35 years of weapons acquisition experience

Athearn spent 35 years in advanced airborne weapons systems, defense acquisition and defense industrial base strategy, holding senior posts in the U.S. Air Force and the Department of Defense. He served as Commander of DCMA Northrop Grumman, the Defense Contract Management Agency office covering one of the world's largest defense prime contractors. He was also responsible for oversight of more than 400 defense contractors across seven U.S. states.

Austin, Texas – October 13, 2026 -- Aeon Industrial has placed more than 10,000 of its MERC high-voltage electronic safe-and-arm devices into production, one of several milestones behind its selection to the inaugural 2026 Austin Deep Tech 50.

Aeon wins eight-figure defense contract and Army interceptor selection

The vertically integrated defense manufacturer secured a key eight-figure defense contract in recent weeks. It was also selected for the U.S. Army's interceptor challenge with its layered air and missile defense architecture.

The MERC production order followed successful performance at the Department of War's Drone Dominance initiative. MERC is a low-cost safe-and-arm device that supports time, proximity, and impact fuzing across drones, missiles, and interceptors.

Aeon also delivered ahead of schedule on a complex U.S. Army contract covering development of an all-up weapon system and warhead, including successful live testing.

Indianapolis – October 02, 2026 -- EnPower, Inc., a U.S. manufacturer of lithium-ion battery cells, has changed its name to CAMINUS, effective immediately, as the company shifts from a technology-development identity to volume manufacturing for defense, uncrewed systems, and industrial customers.

CAMINUS keeps leadership, facility, and contracts unchanged through the rebrand

Leadership, team, facility, IP portfolio, and existing customer, partner, and supplier agreements remain unchanged under the new name, the company said. Only the corporate identity has shifted, not the operational or contractual footprint built over more than a decade.

Washington – September 25, 2026 -- Lyntris Inc. (NYSE: LYNX) has completed qualification of a wedgelock assembly critical to Raytheon's SPY-6 radar family, closing a supply chain gap identified during the U.S. Navy program's shift to full-rate production.

Two-year effort converts a long-lead bottleneck into an in-house capability

The qualification followed nearly two years of joint work between Lyntris and Raytheon, an RTX business, after a supply chain review flagged the wedgelock -- a sub-assembly within the Radar Modular Assembly (RMA) chassis -- as a risk to build-rate targets. Lyntris established manufacturing processes, validated performance, and secured qualification as a scalable production source meeting U.S. Navy requirements.