Defense Tech Boom

Defense Tech continues to grow

PitchBook released its second annual report on the Defense Tech sector, with some very promising statistics. First and foremost, investors have poured nearly $100 billion into startups in this critically important sector since 2021—that’s 40% more than than the seven year period from 2014-2021.

Source: PitchBook Data, as of 1 Nov 2023

I’ve written a lot about why we’ve seen such a shift in opinions from investors, founders, and operators; why the DoD needs this investment and cannot build the future of national security on its own; some of the challenges in building for defense; who has been making waves in this space; and of course, lots and lots about trends in the technology and requirements.

To summarize, this shift towards greater alignment between private industry and the public interest comes largely from a realization that the world remains a very dangerous place and there are actors with the intent and capability to threaten our security and existence.

Trends in technological …