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Defense Innovation Unit

Watchtower Labs exits stealth with $35M for AI military planning tools
BusinessOctober 21, 2026, 17:30

Watchtower Labs exits stealth with $35M for AI military planning tools

Watchtower Labs has emerged from stealth with $35 million in seed financing led by Shield Capital and Conviction, with participation from Founders Fund. The…

Navy adds $150M to Shield AI's X-BAT, bringing total commitments to $400M
BusinessOctober 8, 2026, 16:10

Navy adds $150M to Shield AI's X-BAT, bringing total commitments to $400M

The U.S. Navy has executed a $150 million modification to its agreement with Shield AI to advance X-BAT, an AI-piloted vertical takeoff and landing fighter aircraft.…