Company news and developments, with original sources and dates.
Updated from source·Oct 20, 2026, 18:05 UTC
On August 5, 2026, per Aurelius Systems, AI-assisted directed energy counter-drone company raised $40M in a Series A co-led by Draper Associates and KAS Venture Partners with General Catalyst, Hanwha-affiliated funds and other defense tech investors. The company was founded in 2024 by Michael LaFramboise, John Marmaduke and others.