Technology
Y Combinator Backs Its First Defense Startup, Ares Industries
First defense startup to receive support from Y Combinator Ares Industrylaunched earlier this week.
IN post on YC websitestartup has outlined a vision for constructing low-cost cruise missiles which might be compatible with existing launch platforms, saying they are going to “deliver the capabilities the (Department of Defense) needs in a form that is 10 times smaller and 10 times cheaper.”
Ares Industries founders say they’ve tested prototypes within the Mojave Desert and plan to deliver operational missile systems to their first customers in mid-2025.
YC Partner Jared Friedman he told FT that the incubator began encouraging defense technology startups to use earlier this yr.
YC CEO Garry Tan was early employee at the info analytics company Palantir, which has found enormous success through its sometimes controversial work for the U.S. military in addition to other governments and agencies. CEO Alex Karp defended the corporate’s “consistently pro-Western view” in a recent interview with the New York Times.