Caffeinated: @affirm @amcainc @antaresnuclear @AvenCard @saronic @vardaspace @virtahealth
San Francisco, CA
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Go long, go big!
I'm excited to announce that @AmcaInc has raised a $300M Series B at a >$1B valuation, led by @CaffeinatedCap with major support from @LightspeedVP, @a16z, @Lux_Capital, and others.
We're on a mission to reconstitute a supply chain that has too often put profit over country.
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America’s critical supply chain won’t be fixed by a single player. It’s a collective effort that will require co-investment and collaboration between the public and private sectors.
Our CEO, Jai Malik, joined Jeffrey Frankston (Acting Deputy Assistant Secretary of War, Industrial Base Resilience), Andy Magliochetti (Deputy Assistant for the Defense Industrial Base, US Department of the Navy), Rolf Zeising (General Atomics), and Bryan Clark (Senior Fellow and Director, Hudson Institute) yesterday afternoon at the @HudsonInstitute, to discuss how we can come together to form a stronger, more resilient defense industrial base.
Watch the full discussion here: hudson.org/events/manufactur…
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We started Varda to build space drug factories. Going quite well; drugs headed to clinic.
Turns out our capsule can also deliver cargo anywhere on Earth. Nice edge for Varda: we've actually flown our spacecraft vs pitching renders.
$51.8m this year + $48.8m requested next year!
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Raymond Tonsing retweeted
Six missions flown, three more vehicles at the launch site, and two heavyweights joining Varda: Steve Layne as CRO and Aaron Huber as CFO.
Their job is to fund the world’s first orbital manufacturing fleet and deliver space-made pharmaceuticals to patients.
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Raymond Tonsing retweeted
Proud of the @Saronic team and the work behind this award. We're building Port Alpha to bring American shipbuilding back with speed and scale. This award is a real step forward in delivering for today’s fleet while building the hybrid fleet of tomorrow.
We’re excited to announce that Saronic has been awarded a U.S. Navy contract to build Landing Craft Utility (LCU) vessels at Port Alpha, our next-generation shipyard in Brownsville, Texas.
Capable of transporting troops, vehicles, and up to 170 tons of cargo directly to beaches and unimproved shorelines, LCUs are essential to amphibious operations, resupply, and disaster-response missions.
As Port Alpha’s first build, this program marks an important step toward expanding America’s maritime industrial capacity. It also advances our mission to deliver the vessels the Navy needs today while building toward an autonomous maritime future.
Production is expected to begin in 2028, with initial deliveries planned for 2029. Read the full announcement: medium.com/saronic-technolog…
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Raymond Tonsing retweeted
Awesome to be on The Breakout list! The premiere place to find start up jobs. Get on rocket ship 🚀 ☢️
Breakout List, all picks (2 of 4):
51-100 people:
- Aaru (@seekingtau, @virtualned, @john_k)
- Beacon Software (@nilamg, @divyahansg)
- Fab2 (@szeloof, @jimkxa)
- fal (@burkaygur, @gorkem)
- Listen Labs (@itsalfredw, @florian_jue)
- Medra (@michellearning)
- Pallet (@SushanthRaman, Andrew Spencer)
- Periodic Labs (@LiamFedus, @ekindogus)
- SF Compute (@evanjconrad, Eric Park, @Ethan_is_online, @EricMenees, @apagajewski)
- Simile (@joon_s_pk, @msbernst, @percyliang, @ElainaYallen)
- Twenty (Joe Lin, Leo Olson, @skyleronken, Pete Sorrentino)
- XDOF (@philippswu, @YideShentu, @itsnemojin)
101-250 people:
- Antares Nuclear (@jordanbramble, @juliadewahl)
- Aven (@SadiSKhan, @murtada, @collinwikman, @AlmazNanjappa, Jeremy Solomon)
- Bitwise (@HHorsley, @hongkim__)
- Boom Supersonic (@bscholl, @jkrall, @joe_wilding)
- Brain Co. (Dan Ashton, @ericwu01, @eladgil, @jaredkushner)
- Braintrust (@ankrgyl)
- Castelion (@hargsb, @sean_pitt_, Andrew Kreitz)
- Enter (@mateus_cr123, Henrique Vaz, Mike Mac-Vicar)
- Exa (@WilliamBryk, @jeffzwang)
- Factory (@matanSF, @EnoReyes)
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Go @Saronic!
The US Navy has awarded three competitive prototype Other Transaction (OT) agreements to Conrad Shipbuilders, Master Boat Builders and Saronic Technologies to build Landing Craft, Utility (LCU) 1700 class craft.
#shipbuilding #gatornavy #lcu
Read more 🔽🔽
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Raymond Tonsing retweeted
September 11 changed the trajectory of my life and set me on a path of service. Twenty-five years later, the way I serve has changed, but my responsibility to this country and to those who defend it has not.
We honor the lives lost and the families who have carried that loss ever since. Never forget. 🇺🇸
Twenty-five years ago, our nation was changed forever.
Today, we honor the lives lost, the first responders who ran toward danger, and the families who have carried that loss for 25 years. We also recognize the generation of Americans who stepped forward to serve in the years that followed, including many on our own team.
Their service and experiences continue to shape who we are at Saronic and why we build. They reinforce the responsibility behind our mission: delivering the capabilities that deter conflict, defend our nation, and give those who serve every possible advantage when lives are on the line.
We will never forget.
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