Bluffdale, UT-based defense company Vector has secured a $20 million loan from J.P. Morgan to expand domestic small unmanned aerial systems (sUAS) manufacturing capacity. The financing follows Vector's Series A funding round, which closed in September 2025 and raised $61 million. That round drew investment from Pelion Venture Partners, Harpoon Ventures, Point72 Ventures, … [Read more...] about Vector Secures $20M J.P. Morgan Loan to Scale U.S. sUAS Manufacturing
drone dominance
Department of Defense Accelerates Drone Procurement: A Game-Changer for Military Operations
The Department of Defense has taken major steps to speed up the purchase of uncrewed systems. Defense Secretary Pete Hegseth announced sweeping changes on July 10, 2025, that will transform how the military buys and uses drones. New Policy Removes Red Tape Secretary Hegseth released a memo titled "Unleashing U.S. Military Drone Dominance" that eliminates many rules that … [Read more...] about Department of Defense Accelerates Drone Procurement: A Game-Changer for Military Operations
