Startup
Programs: Advanced Strategic Capabilities Accelerator (Sovereign UAS Challenge)
Every investor coverage indicates participated in a round DefendTex raised.
| Investor | Rounds | Invested |
|---|---|---|
| Advanced Strategic Capabilities Accelerator | Accelerator | - |
Companies DefendTex acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming DefendTex. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Manufacturing roundup: IDT Australia and Genetic Signatures announce capital raisings; Memphasys and Genetic Signatures appoint new chief executives; NIOA opens a US office; DefendTex holds acquisition talks with Brazil's Avibras; a cobotics PhD ends.
More than eleven Australian defence firms have contracted to build drone prototypes under ASCA's Sovereign UAS Challenge, with contracts worth a combined $1.21 million and demonstrations planned for April.
Also @AuManufacturing
Eleven companies will develop prototype drones for Defence's Sovereign UAS Challenge, run by ASCA, under contracts worth a combined $1.21 million, with demonstrations due in April.
Nine companies received Defence Innovation Hub contracts totalling $19 million to develop technologies for the Australian Defence Force, with RFTEQ winning the largest single award of $5.31 million.