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- 🔷 Saved Rounds 1.14.25
🔷 Saved Rounds 1.14.25
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Welcome to Tuesday's Saved Rounds, where we send out all the goodies we couldn't squeeze into our Sunday newsletter.
They Said It
“It started with perception AI — understanding images, words, and sounds. Then generative AI — creating text, images and sound. Now, we’re entering the era of “physical AI, AI that can proceed, reason, plan and act.”
— Jensen Huang, CEO of NVIDIA, at CES 2025 last week
Zoom in
In 1936, Theodore Wright introduced Wright's Law, which predicts that costs decrease by a fixed percentage with each doubling of cumulative production.
Zoom in here to learn how SpaceX’s is pushing Wright’s Law into territory where no other competitor can keep up.
In that Number
$40.1B per year
The Navy’s latest plan to recapitalize its surface fleet will cost about $40.1B per year—about double what the service has traditionally received from Congress for shipbuilding.
That’s $40.1B a year—for 30 straight years—which totals $1T (yes, that’s T for trillion).
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Saved Rounds
Leonardo unveiled its Proteus UK helicopter drone demonstrator design
Epirus is reportedly raising $150m+ in new funding to advance it’s high power microwave tech
Ligado filed for bankruptcy, while also filing a $1.7B lawsuit against Inmarsat over their spectrum partnership break-down
The US announced an $8B arms sale to Israel to resupply stocks of munitions
QinetiQ was awarded a $13m contract to provide Vindicator II target drone support services to the US Navy
Lockheed Martin delayed delivery of F-35B fighters to Japan
Raytheon secured a $908m contract for SM-6 missile production
Anduril acquired Numerica's radar and C2 businesses
BlueHalo was awarded a $49.9m contract to provide EW sensors for Navy and Special Operations drones
Anduril secured a $14m contract to expand solid rocket motor production
A coalition sent 30,000 kamikaze drones to Ukraine
The US completed the $9B upgrade of B61-12 nuclear bombs
BWXT completed its $100m acquisition of L3Harris subsidiary Aerojet Ordnance Tennessee (AOT)
Raytheon closed a $946m deal to sell Romania additional Patriot air and missile defense systems
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