The 10 Defense Tech Startups to Watch in 2025

With hypersonic planes and sprawling drone factories, startups from Anduril to Astranis are poised to change the nature of war.

10 of the defense tech startups to watch this year include:

COMPANY: Firefly Aerospace
VALUATION: $2 billion
CEO: Jason Kim
INDUSTRY: Space vehicles
HEADQUARTERS: Cedar Park, Texas

Firefly, the maker of lunar landers and orbital vehicles, is set to make its first moon landing this month carrying NASA supplies — one of dozens of missions the company has planned for this year. The startup sells its technology to both businesses and the government, and has a growing defense operation. This fall, Firefly raised $175 million in fresh funding, and won approval to use its Elytra spacecraft to launch and maneuver military satellites.

Read full article: https://www.bloomberg.com/features/2025-tech-defense-startups-to-watch/

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