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.

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.

Cloud-native endpoint security and threat intelligence platform.

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.

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.

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.

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.

Defense manufacturing and industrial technology. Emerging name in defense tech category. Significant rounds in 2024-2025. Hadrian IPO searches growing.

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

Propulsion and defense technology. Raised significant rounds 2024-2025. Emerging defense unicorn. Mach Industries IPO searches rising.

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

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

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

Applied Intuition provides software infrastructure for the development, testing, and deployment of autonomous vehicles and advanced driver-assistance systems (ADAS).

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.

Software for defense manufacturing and AI-powered production optimization

Cyber asset management platform giving security teams visibility and control over all devices and software.

Fusion energy company developing high-field superconducting magnets to achieve commercial fusion power.