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Venture capital: US defence firms boost financial backing for tech start-ups

Raytheon Technologies has a new venture capital (VC) arm that invests in technology start-ups. So does Booz Allen Hamilton. examines why major defence companies are increasingly embracing VC Marc Selinger Several large US defence contractors...
United States Daniel Ateya Hermus Corporation Us Department Of Defense Do Dhermeus Corporation Raytheon Backed Hermeus Corporation
Source: janes.com

Autonomous-tech company EpiSci gains investment to further AI battlefield solutions

POWAY, Calif. Autonomous solutions firm EpiSci received a sum of money from RTX Ventures, the venture-capital arm of Raytheon Technologies, a move RTX calls a "minority investment" in EpiSci that Raytheon says is aligned with Raytheon's longstanding leadership in the development of advanced autonomous technologies that will help drive the growth of EpiSci's Tactical AI technology for the battlefield.
Daniel Ateya Raytheon Technologies

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