Regional tensions spark military tech gold rush

According to interviews with more than 15 investors and founders, this wariness has given way to a belief that start-ups are finally in line to take a significant share of the US' mammoth defence budget, which has increased over two decades to reach a record $US886 billion for 2024. Large VCs including Andreessen Horowitz and Sequoia Capital have begun to invest in companies that build defence products as well as, for the first time, "kinetic" weapons systems, a military reference to active warfare including lethal force. "We are seeing more VCs saying they are comfortable investing in start-ups doing ……