Startup · $22.4m raised · Defence and space · AI
Melbourne, VIC
Programs: Advanced Strategic Capabilities Accelerator (Mission Syracuse)
Every investor coverage indicates participated in a round Aimdefence raised.
| Investor | Rounds | Invested |
|---|---|---|
| Advanced Strategic Capabilities Accelerator | Accelerator · Grant | - |
| Canadian government | Grant | - |
| Canadian military | Grant | $1,100,000 |
| Federal Government | Grant | - |
Investors whose own portfolio pages list Aimdefence, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Radar Ventures | its portfolio page ↗ |
Companies Aimdefence acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Dr Jae Daniel | co-CEO | Defence Connect, @AuManufacturing |
| Jessica Glenn | co-CEO | Defence Connect, @AuManufacturing |
| Jenelle Frewen | Director of Strategic Initiatives | Defence Connect |
| Evan Digby | Director of the Canadian Subsidiary | Defence Connect |
Stories naming Aimdefence. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
The federal government is paying Electro Optic Systems $5.7 million under a Mission Syracuse contract to mature its R400 Slinger counter-drone weapon system, adding to earlier backing of AIM Defence and SYPAQ.
Canberra has awarded initial contracts worth $21.3 million and $10.4 million to two counter-drone companies under a defence accelerator program, with billions more set aside for drone technology across the coming decade.
Weekly roundup of five popular stories: a Victorian hydrogen plant groundbreaking, Titomic's CEO change and $30 million raise, a defence laser contract, a WA shipbuilding precinct, and Civmec's framework to take over Luerssen Australia.
Also @AuManufacturing
Counter-drone laser developer AIM Defence won a Canadian military counter-drone contest, collecting a million-dollar prize, after the Australian Government earlier committed to buying one of its systems for evaluation.
Also Defence Connect
An academic explainer of directed energy weapons, covering AIM Defence's newly launched Melbourne testing range, a Defence deal with QinetiQ for a prototype laser, and the ASCA program.
Ten Australian small businesses received defence technology grants of up to $300,000 each under the government's ICERA program, part of Next Generation Technologies, covering themes from cyber to autonomous systems.