Y Combinator backs its first protection startup, Ares Industries | TechCrunch – The Gentleman Report | World | Business | Science | Technology | Health
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Y Combinator backs its first protection startup, Ares Industries | TechCrunch

Y Combinator backs its first protection startup, Ares Industries | TechCrunch
August 26, 2024



The primary protection startup to obtain backing from Y Combinator, Ares Industries, introduced previous this week.

In a publish at the YC web site, the startup defined a imaginative and prescient to construct low cost cruise missiles that will probably be appropriate with current release platforms, announcing it’s going to “ship the functions that the [Department of Defense] desires in a sort issue that’s 10x smaller and 10x less expensive.”

Ares Industries’s founders say they’ve examined prototypes within the Mojave Barren region and plan to ship running missile methods to their first consumers in mid-2025.

YC spouse Jared Friedman instructed the FT that the incubator began encouraging protection tech startups to use previous this yr.

YC’s CEO Garry Tan was once an early worker at information analytics corporate Palantir, which has develop into massively a hit thru its once in a while debatable paintings for U.S. army, in addition to different governments and businesses. CEO Alex Karp defended the corporate’s “constantly pro-Western view” in a contemporary New York Instances interview.

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