
Weekly analysis of the defense industrial base and companies that contribute to national security.
| Platform | Pricing | Freemium | Publishes | Twice weekly | |
|---|---|---|---|---|---|
| Issues | 29 | Subscribers | Read | matthewbernard776320.substack.com |
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How a signals intelligence company spent eleven years doing everything the SPAC era wouldn't and filed an S-1 that defense and space founders should read twice.
What $7 billion in PE exits tells venture investors about where their drone bets are headed.
Defense Catalyst Co-Founder & CEO Chase Contreras mountain bikes, surfs, has completed multiple triathlons, and a habit of playing chess while watching YouTube videos about geopolitical strategy.
BLUF: Defense tech founders are raising at valuations calibrated for IPOs in a market where the realistic exit is an M&A transaction at a fraction of that price. The gap between entry valuation and likely exit multiple is widening, and almo...
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The writers behind this newsletter.
Tracking every dollar flowing into drones, hypersonics, and whatever Anduril is building in the desert this week. Slightly smarter than the average defense Twitter reply guy. Probably. These are my own personal views and no one else's.
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