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Palmer Luckey - 4 Anduril - 4 DefenseScoop - 3 — - 3 Donald Trump's - 2 Luckey - 2 Donald Trump - 2 Chris Brose - 2
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Search resuls for: "DefenseScoop"


4 mentions found


☆ Defense tech companies like Anduril hope Trump can streamline military contracts
  + stars: | 2024-11-16 | by ( Kenneth Niemeyer | ) www.businessinsider.com   time to read: +4 min
Others in the defense industry are less optimistic. Tech billionaire Palmer Luckey's bet on the defense industry is paying off at Anduril, the drone-making company he founded. AdvertisementSacknoff said that procurement reform in the defense industry is not a new concept and that the Defense Department is always restructuring its contracting process. Richard Aboulafia, managing director at AeroDynamic Advisory, a consulting firm, said that reforming the defense industry will take time. AdvertisementSacknoff said the military defense business is always looking for a "counter" to the newest technology and that the growth of autonomous drones would likely bring more innovations to stop them.
Persons: Palmer Luckey, Anduril, Palmer Luckey's, Donald Trump's, Brian Schrimf, Schrimpf, Scott Sacknoff, Sacknoff, Richard Aboulafia, Abaulafia, DefenseScoop, Tesla, Eric Schmidt, Schmidt Organizations: Tech, Yahoo, Spade, Defense Department, Teledyne, Defense, Google Locations: Anduril, United States, Saudi Arabia
☆ Palmer Luckey and other defense tech leaders see Trump's victory as a win for the industry
  + stars: | 2024-11-10 | by ( Kenneth Niemeyer | ) www.businessinsider.com   time to read: +4 min
Defense tech startups are anticipating growth under Trump's second term. AdvertisementSome leaders in the defense tech industry, including Anduril cofounder Palmer Luckey, think that defense tech startups are poised for success during president-elect Donald Trump's second term. Over the last decade, Silicon Valley has made waves in the defense tech industry. Some of the defense tech industry's optimism for Trump's victory lies in SpaceX founder Elon Musk's proximity to the president-elect and his vice president, JD Vance, Forbes reported. Luckey told Bloomberg that Musk has "outperformed every reasonable expectation."
Persons: Palmer Luckey's Anduril, Elon Musk's, Vance, —, Palmer Luckey, Donald Trump's, Luckey, Anduril, Biden, Elon, JD Vance, Forbes, Nathan Mintz, Musk, it's, Donald Trump, Brian Schimf Organizations: Defense, Trump, Service, Meta, Teledyne, Defense Department, Bloomberg, SpaceX, Elon, Forbes, Republican, United Locations: United States
☆ Palmer Luckey's Anduril debuts autonomous attack drone in new video
  + stars: | 2024-10-11 | by ( Kenneth Niemeyer | ) www.businessinsider.com   time to read: +3 min
Anduril Industries debuted its AI-powered Bolt-M drone, which fits in a backpack. A new video shows the Bolt-M drone's AI abilities in action. Anduril Industries, cofounded in 2017 by Oculus founder Luckey, unveiled its Bolt and Bolt-M drones in a YouTube video on Thursday. The Bolt drone, seen in the video hovering above targets, is meant to use AI to autonomously track targets. AdvertisementAnduril did not immediately return a request for comment from Business Insider about the Bolt and Bolt-M drone reveal.
Persons: Palmer Luckey, Anduril, —, Palmer, Luckey, Chris Brose, DefenseScoop, Brose, Donald Trump, Meta Organizations: Anduril Industries, Service, Industries, Business, Marine Corps, US Air Force, Department of Defense, Teledyne, Roadrunner, Meta
☆ A defense startup says it can fix America's ammo problem with China using a new low-cost cruise missile
  + stars: | 2024-09-13 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +4 min
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. "This is not designed to go specifically and rigidly at one specific problem," Anduril's chief strategy officer, Chris Brose, told DefenseScoop. "We have designed Barracuda to be able to range across a series of targets — from ground-based targets to maritime targets to others." Anduril did not immediately respond to a request for comment sent outside regular business hours by Business Insider.
Persons: —, Anduril, Chris Brose, DefenseScoop, Diem Salmon, Salmon, Palmer Luckey, hyperscale, Brose Organizations: Service, Barracuda, Business, Pentagon, US Air Force, Enterprise, Oculus Locations: China, Russia, America
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