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Defense tech is flooded with money, but who’s built to last?

Published

1 month ago

June 3, 2026

Preport

Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract and real production deal.

Watch as, on this episode of TechCrunch’s Equity podcast, Rebecca Bellan asks Fubini — the founder and managing partner of XYZ Venture Capital, built on the Palantir alumni network and now approaching $2B AUM — what separates the survivors from the rest.

Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Related Topics:built defense flooded money tech whos

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Just In: Protest Erupts at Angwan Rukuba Over APC Candidate Dispute

Published

1 hour ago

July 14, 2026

Preport

Supporters of Harry Ishaya on Tuesday morning staged a protest at Angwan Rukuba Junction in Jos, blocking the road to demand the restoration of what they described as their mandate.

The protesters, comprising mainly youths and women, expressed dissatisfaction with the alleged exclusion of indigenous candidates from the Bassa/Jos North House of Representatives and Jos North North House of Assembly seats.

They called for the removal of the APC candidate for the Bassa/Jos North House of Representatives seat and the reinstatement of Harry Ishaya as the party’s candidate for the Jos North North State House of Assembly.

The protest, which began around 7:30 a.m. on Tuesday, July 14, 2026, caused traffic disruption along the Angwan Rukuba axis as demonstrators occupied the roadway.

Developing story…

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Business

PSIRS Announces Collection of Over 5,000 Unclaimed Driver’s Licences

Published

1 hour ago

July 14, 2026

Preport

The Plateau State Internal Revenue Service (PSIRS) has announced the receipt of a backlog of more than 5,000 unclaimed and outstanding driver’s licences from the Federal Road Safety Corps (FRSC).

In a statement, the Service called on all Plateau State residents who have been awaiting their driver’s licences to visit the Plateau State Internal Revenue Service Headquarters, No. 6 Bank Road, Jos, for immediate collection.

The collection exercise will take place during official working hours, Monday to Friday, from 8:00 a.m. to 5:00 p.m.

Applicants are advised to come along with a valid means of identification and any other relevant documents required to facilitate a smooth verification and collection process.

The PSIRS urged all affected residents to take advantage of the exercise and collect their driver’s licences without delay.

The statement was signed by Wulashik Lucius Dafaan, Head, Corporate Communications Department, Plateau State Internal Revenue Service.