Balerion Space Ventures

Research

RISE OF THE BLACK DRAGON

RISE OF THE BLACK DRAGON

By Douglas McAdams

Space & Defense Supercycle 2020-2033 We are at the cusp of an industrial explosion. The internet's thirteen-year transformation from government networks to trillion-dollar giants 1989 to 2002 offers

Read the Report
Anduril Webinar Recording

Anduril Webinar Recording

This exclusive webinar featuring Anduril Industries and Balerion Space Ventures offers a behind-the-scenes look at the technologies shaping the future of defense, autonomy, and space infrastructure. Access is limited to invited investors, partners, and industry leaders. Submit your request below to gain private access to the full recording and discussion—available only to our vetted network.

Request Access

Rise of space & defense tech - 2025 funding rounds

"Any sufficiently advanced technology is indistinguishable from magic." Arthur C. Clarke

Anduril
$2.5b
Helsing
$682m
Saronic
$600m
Stoke
$510m
Voyager Space
$383m
Castellion
$350m
Impulse
$300m
Chaos
$275m
Hadrian
$260m
True Anomaly
$260m
Epirus
$249m
Shield AI
$240m
Apex
$200m
Varda
$187m
Isar Aerospace
$171m
Loft
$170m
Radiant
$165m
Hermeus
$159m
MuonSpace
$146m
Armada
$131m

Space & defense tech m&a - next frontiers opportunity

"One arrow alone can be easily broken but many arrows are indestructible" Genghis Khan