Singularity lands $80M at $400M valuation to build cheap drone interceptors

Singularity Defense Corp. has secured $80 million in funding, valuing the startup at $400 million, to develop low-cost drone interceptors aimed at countering the proliferation of inexpensive drones and missiles in modern warfare. By addressing the high cost of traditional defense systems, Singularity aims to provide a more affordable solution for countries and militaries looking to protect against these common threats. This funding round highlights the growing concern over the use of cheap, easily accessible drones in conflict zones, underscoring the importance of innovative, cost-effective defense technologies.