🌌 Hi everyone, Robert here. I hope you’re enjoying The Deep End, a subsection of the Airframe newsletter. If you haven’t subscribed, join the aerospace executives, investors, and deep tech operators who read Airframe and The Deep End weekly.
❤️ A quick ask: If you liked this piece, I’d be grateful if you’d consider tapping the “heart” above. It helps us understand which pieces you enjoy most, and supports our work. Thank you!
But this time they’re right
See the post here.
Amazon goes all-in on nuclear power
Read more here.
Traditional VCs rarely fund *real* deep tech
See the post here.
More deep tech stories
FUTURE MOBILITY
This Electric Flying Car Could Take You to Work Next Year—and Then Fit in Your Garage (YahooLife)
Agility Prime Works To Deliver eVTOL To Operational USAF Unit In 2025 (AviationWeek)
Sikorsky disclosed plans to build a hybrid-electric VTOL tiltrotor for dual-use applications (Lockheed Martin)
DEFENSE TECH
U.S. Air Force Hosts Hypersonic Weapon Training in Guam (The Aviationist)
Kratos (stealth AI drone platform) is preparing to issue $345m of shares of its common stock (Kratos)
Navy Will Ask for 1 Virginia-Class Sub in FY 25 Shipbuilding Budget, Increase Amphib Production (USNI News)
ADVANCED COMPUTING
Robotics startup Figure raises staggering $675M and partners with OpenAI (VentureBeat)
China breakthrough promises optical discs that store hundreds of terabytes (The Register)
Spain to set up a new body tasked with pumping €20bn into deep tech (Sifted)
Elon Musk sues OpenAI and CEO Sam Altman over contract breach (CNBC)
SPACE
Aerospace startup Rhea Space Activity wins $750K NASA grant to test cislunar navigation technology (SpaceNews)
SpaceFields closed an $800k seed round, making yet another company that is jumping into the solid rocket motor (SRM) market (Payload)
Boeing gets $439 million contract for U.S. military communications satellite (SpaceNews)
ENERGY
Geothermal startup Fervo Energy is tapping fresh $221M round (TechCrunch)
Russia and China looking to put a nuclear power plant on the Moon (IntEngineering)
U.S. DOE Announces $15 Million to Boost Collection of Used Consumer Batteries at Retailers (CleanTechnica)
Anthro Energy, a startup providing lithium-ion batteries, raised a $20M Series A (Finmes)