The economics are hard to ignore. Shooting down a drone with AeroVironment's LOCUST laser system costs less than $10, using just two to five seconds of laser energy. Compare that to the interceptor missiles currently used against Iranian drone swarms, which cost orders of magnitude more and are in short supply across allied arsenals.
He gave me this pitch that Goldman is an incredible place, but you are a cog in a giant wheel. There were so many industries that no one was paying attention to on the tech side in the U.S. He got me really passionate about doing something to help improve how those industries work.
The SPDR S&P Aerospace & Defense ETF (XAR) tracks the S&P Aerospace & Defense Select Industry Index using equal-weight methodology, meaning every one of its 41 positions receives roughly the same allocation. This design choice is the fund's defining feature, allowing broad coverage of defense primes, mid-tier suppliers, space launch companies, and drone manufacturers in a single vehicle.
I have worked with the Minimus team through some of their most critical milestones, and I know firsthand the massive potential of their technology. The demand for near-zero CVE container images and minimal container images with built-in security is only accelerating.
Freestone Grove, an equities-focused multimanager fund launched by Citadel alums, now has more than 180 employees, according to a March filing with regulators, while assets have eclipsed $6 billion and are poised to grow further as the firm opens up to select investors this year.
Eisen, an escheatment compliance platform that automates dormant account offboarding and unclaimed property reporting for regulated financial institutions, has raised $7.2M in funding according to a recent SEC filing.
President Trump issued a stark warning that without a deal by his Tuesday deadline, Iran would lose its power plants and bridges in a four-hour operation that sends the country back 'to the Stone Ages.'
The most attention-grabbing catalyst is the return of ticket sales. Virgin Galactic has resumed selling reservations for its upcoming commercial spaceflights, with seats now priced at $750,000 each. This marks a significant price increase from earlier reservation tiers and signals confidence that the company's Delta-class spacecraft will be ready to deliver on that premium.
