The DefenseTech Stack

Aerospace and space transportation company. S-1 CONFIRMED filed May 20, 2026 (CIK 0001181412). Roadshow starts June 8, 2026. IPO target June 18–30, 2026. $75B raise at $275B valuation — largest IPO in history. Lead underwriters: Morgan Stanley, Goldman Sachs, JPMorgan. 30% retail allocation. Government contracts: NASA, DoD, Space Force. Starlink: 10M+ subscribers, $10B+ revenue.

Cloud-native endpoint security and threat intelligence platform.

Databricks is the world's leading Data Intelligence Platform. Closed $5B Series L in February 2026 at a $134B valuation, making it the highest-valued private software company. IPO expected 2026-2027. No S-1 filed as of May 2026.

Scale AI provides AI training data infrastructure — human annotation, synthetic data generation, and evaluation platforms that help AI companies like OpenAI, Anthropic, Google, and the U.S. Department of Defense build better models. Revenue comes from enterprise AI lab contracts and government/defense work.

European defense AI company. Raised from €5.4B in July 2025 to estimated €18B in 2026. Ukraine war relevance driving rapid growth. Helsing IPO emerging as major event.

Wiz is the cloud security platform offering agentless, full-stack visibility and protection across AWS, Azure, GCP, and Kubernetes environments — without deploying agents or sidecars. Valued at $12B with $1.8B raised, Wiz processes security signals for 40%+ of the Fortune 500, acquired Lacework in 2025 to consolidate the market, and competes with CrowdStrike and Palo Alto Networks in the $50B+ cloud security market. Major defensetech IPO candidate for 2026.

Autonomous surface vessel (ASV) maker for the US Navy and allied maritime defense. AI-powered USVs perform ISR, mine countermeasures, and escort missions without human operators. $1.75B Series D (March 2026) at $9.25B valuation. $392M Navy contract. IPO candidate.

Cloud security platform providing Zero Trust Network Access and data protection for modern enterprises.

Anduril Industries builds autonomous defense systems for the US military — Lattice command & control platform, autonomous drones, missiles, and undersea systems. Palmer Luckey-founded defense-tech unicorn targeting FY2028 IPO. $14B valuation. Competing for >$100B in DoD programs.

Cloud data security company providing backup, ransomware recovery, and data observability.

Defense AI company building Hivemind — the world's first self-driving AI pilot for military aircraft. V-BAT drone deployed by US Marine Corps and special operations globally. $2B Series E (March 2026) at $12.7B valuation. USAF CCA contract revenue flowing. Targeting FY2028 IPO.

Autonomous AI-powered security testing platform for continuous red teaming

Lacework is the cloud security platform providing automated threat detection and compliance monitoring across AWS, Azure, and GCP environments. Valued at $8.3B (peak) with $1.3B raised, Lacework was acquired by Wiz in 2025 — consolidating the leading cloud security platforms. The acquisition validates the $20B+ cloud security market and reinforces Wiz position as the dominant player in the space.

Snyk is the developer-first security platform finding and fixing vulnerabilities in open-source dependencies, container images, and infrastructure-as-code. Valued at $7.4B with $1.5B raised, Snyk serves 4,000+ enterprise customers including Google, Salesforce, and Atlassian. Major defensetech IPO candidate competing with CrowdStrike and Palo Alto Networks in the $50B+ application security market.

U.S. rare earth magnet manufacturer building a China-independent NdFeB supply chain for defense, EVs, AI data centers, and robotics.

Skydio is the American autonomous drone company building AI-powered drones for enterprise, defense, and public safety applications. Valued at $4.5B with $500M raised, Skydio is the leading US-based drone manufacturer competing with DJI in the $50B+ global commercial drone market. Major defensetech IPO candidate as DoD and first-responder demand for autonomous drones accelerates — Skydio holds major federal contracts including a DoD BAA for autonomous systems.

Electric air taxi company developing the first commercial eVTOL aircraft.

Vanta is the AI-powered compliance and security trust management platform enabling companies to automate SOC 2, ISO 27001, and GDPR compliance workflows. Valued at $4.5B with $350M raised, Vanta serves 10,000+ companies and competes with Drata, Secureframe, and AuditBoard in the $50B+ compliance and risk management market. Major defensetech IPO candidate as AI-driven compliance automation becomes critical for every B2B software company.

Defense drone and autonomous systems company. NYSE: AVEX. Raised $320M at $2.57B valuation in Apr 2026 IPO. Key products: Phoenix Ghost loitering munitions, Disruptor, Atlas precision strike, Mako USV. 78% revenue from US DoD. CEO: Roger Wells. HQ: Solana Beach, CA.

Arctic Wolf is the managed security operations platform providing AI-powered threat detection, investigation, and 24/7 remediation for mid-market and enterprise organizations. Valued at $4.3B with $700M raised, Arctic Wolf serves 3,000+ customers globally and has completed multiple acquisitions to build out its platform. Major defensetech IPO candidate as the cybersecurity skills gap drives demand for fully managed SOC services across every industry vertical.