By Editor , 18 September 2026
Backswing Ventures Warns Defense Tech Valuations Are Outrunning Exits

Orlando, Fla. – September 17, 2026 -- Mach Industries doubled its valuation to $3.7 billion in three months, up from $470 million a year earlier, as defense startup funding heads for a record 2026 even while exits remain scarce, according to Backswing Ventures.

By Editor , 17 September 2026
Aitech Launches C165 VME Board to Modernize Fielded Defense Systems

National Harbor, Md. – September 16, 2026 -- Aitech has introduced the C165 Rugged 6U VME Single Board Computer, a pin-compatible successor to its C164 and C163 SBCs designed to let defense programs modernize fielded VME systems without full platform redesigns. The company unveiled the board at the Air & Space Forces Association Air, Space & Cyber Conference in National Harbor, Maryland, running Sept. 14-16 at booth MB400.

By Editor , 17 September 2026
Elveo Taps Apex's Factory X Model to Speed D2D Satellite Production

Washington – – September 16, 2026 -- Elveo Mobile and Apex have agreed to establish a dedicated spacecraft factory in the United States to scale production of Elveo's direct-to-device (D2D) satellite constellation, using Apex's Factory X manufacturing model to compress timelines for the company's first satellite production facility.

By Editor , 17 September 2026
Sophia Space Secures $300M SLI Lease Deal for Orbital Compute Fleet

Pasadena – September 16, 2026 -- Sophia Space has entered a $300 million financing framework with aerospace leasing specialist SLI to fund a 10-satellite edge computing constellation, applying asset-leasing models long used in aviation and energy to orbital infrastructure for the first time.

By Editor , 17 September 2026
Butler National Posts Record Q1 Revenue, Up 53% to $30.8 Million

New Century, Kansas – September 16, 2026 -- Butler National Corporation (OTCQX: BUKS) reported first-quarter fiscal 2027 revenue of $30.8 million, up 53% from the prior-year period, driven by a surge in aircraft modification work and a record aerospace backlog.

By Editor , 17 September 2026

Stockholm – September 16, 2026 -- GomSpace North America, LLC has secured an order worth 2.4 million USD (22.6 MSEK) from an undisclosed US defense customer for its fast-deployment satellite platform kits.

Order marks new customer relationship for GomSpace's US unit

The agreement covers modular satellite bus systems that will support an end-to-end solution for a US government mission. The engagement is the start of a new customer relationship, though it builds on prior technical connections between GomSpace and the customer's engineering team.

By Editor , 17 September 2026
Venus Aerospace Opens New Propulsion Test Stand at Houston Spaceport

Houston – September 16, 2026 -- Venus Aerospace has officially opened a new propulsion test stand at the Houston Spaceport, expanding its capacity to test rotating detonation rocket engine (RDRE) technology at higher thrust levels and for longer durations.

Texas Space Commission funding backs new test infrastructure

The facility was funded through the Texas Space Commission's Space Exploration and Aeronautics Research Fund, a state program supporting aerospace and space economy growth. Venus Aerospace completed the stand on time and on budget.

By Editor , 17 September 2026

Providence, R.I. – September 16, 2026 -- Havoc, a U.S. collaborative autonomy company, and CSBC Corporation, Taiwan, the island's largest shipbuilder, have signed a partnership to pursue licensed co-production of autonomous surface vessels (ASVs) for Taiwan's maritime security.