Singularity lands $80M at $400M valuation to build cheap drone interceptors

Air defense startup Singularity Defense Corp. formally launched today and announced that it had raised $80 million in new funding at a $400 million valuation to mass-produce low-cost interceptors that can knock down the cheap drones and missiles now common on the battlefield.

Cost is the problem Singularity says it can fix.

An interceptor can […]

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