News Summary

• Now I’m seeing additional investors, tier one venture investors, who were not necessarily historically interested in defense tech, start to be a lot more interested.
• So when you see defense tech companies so focused on the U.S. defense market, there’s a good sound reason for that.
• But in a lengthy conversation with Gwak earlier today, he talked the longest about defense tech as he’s passionate about it and because the way he sees it, Washington is focused more than ever on the global balance of power — and looking for any edge it can find.
• You can listen to the entire conversation here.TechCrunch: You have these four areas on which you’re focused, but fintech has cooled off after several frothy years, defense tech now seems top of mind for investors.
• When you look at things like AI and all the ways it applies – whether that’s autonomy or computer vision or natural language processing – these are all things that absolutely can shift the global superpower balance, and the government sees that now.
• .Lux is certainly one that’s been investing where deep tech meets defense tech for a while.