:

Business/Financial

Autonomy Firm Vayu Robotics Emerges From Stealth With Lockheed Martin Investment

By Cal Biesecker

Tuesday, October 3rd, 2023

SHARE:

Autonomy Firm Vayu Robotics Emerges From Stealth With Lockheed Martin Investment

Vayu Robotics' image for its autonomous mobility platform Vayu Drive

Vayu Robotics, a small startup developing artificial intelligence-enabled autonomy solutions for unmanned systems, on Tuesday emerged from stealth with $12.7 million in seed funding led by Khosla Ventures, with participation from Lockheed Martin’s [LMT] venture group. Vayu’s technology includes a foundation model for mobility it calls Vayu Drive and a low-cost sensing technology Vayu Sense says is a potential replacement to lidar for many mid-range applications. Vayu was founded in October 2021, has 13 employees, and is based in Palo…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]