Defense tech was once considered, at best, a fringe area for traditional VCs. Now, there could be a bubble.

VCs are flooding into defense tech, but they could be unprepared for the sector’s brutal economics and lengthy timelines.

V-BAT has crashed more than 50 times over the past 18 months, a Cessna plane with a Shield AI employee and his child aboard had to take evasive action to avoid a mid-air collision with a V-BAT. A year ...

Global X Defense Tech ETF surged 74% in 2025, driven by accelerating global defense tech demand and record corporate backlogs. SHLD’s portfolio companies report robust earnings, strong order backlogs, ...