Defence and defence-related markets and equities. Not investment advice. Do your own due diligence.
Joined January 2025
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Challenging Defence Markets retweeted
Failed to record my interview today, so I made it a point to get my Onsite in person interview uploaded ASAP.
This is my first YouTube video, so go easy on me. Massive thanks to the @UnusualMachines media team for their help and expertise, along with @evansall and Drew Camden (don't think he's on X) for their time.
Facilities videos coming, along with coverage across the Hard Tech landscape. Any sharing and subscriptions very appreciated, thank you all on X for following and tuning in.
youtu.be/j1Gub_TIwEI?si=vdEm…
Challenging Defence Markets retweeted
$LPTH Retail price of Ge up another ~1.8k since I last checked in October, for those who care:
nitter.gq/BussinBiotech/status/2…
$LPTH Retail price of Ge up another ~1.3k since I a last checked this year, for those who care:
nitter.gq/BussinBiotech/status/2…
Challenging Defence Markets retweeted
$AVAV
The award is expected to support continued delivery of advanced capabilities through AV's AxS segment, turther advancing established product lines to meet complex customer requirements.
"This award reflects the trust our customers place in AV to move advanced capabilities beyond developmentỊisaid Trace Stevenson, president of AxS at AV. "We are not preparing to manufacture at scale. We are doing it. We are delivering mission-ready capabilities against some of our customers' most demanding requirementsiẠạ
Challenging Defence Markets retweeted
$UMAC shareholders and anyone following the drone industry—tune in tomorrow! These interviews with @RADHardTech and CEO @evansall are always worth listening to, with retail investors asking questions at the end. A great opportunity to hear directly from management. Don’t miss it!
Tune in Tomorrow for Post earnings coverage on $UMAC with @evansall
nitter.gq/i/spaces/1EmrAkdrBjdkk…
Challenging Defence Markets retweeted
Last week, we showcased our pathway to commercial operations.
In Florida, our electric air taxi flew the state’s Aerial Highway Network and became the first eVTOL aircraft to use the purpose-built vertiport at @MCO.
Across our entire Florida campaign, we flew 362 miles over 14 flights in 12 days, generating critical data for airspace integration and future air taxi operations.
Back in California, SN101, our FAA-conforming aircraft for TIA, has expanded its flight envelope to include full transition flight as we prepare for FAA pilots to fly it.
✅ Leading the way in electric vertical flight.
✅ Leading the way toward TIA and commercial air taxi service.
Challenging Defence Markets retweeted
Defence investment and AI forecast to lift UK economy thetimes.com/business/econom…
Challenging Defence Markets retweeted
Rocket Factory Augsburg has confirmed that the inaugural launch of its RFA ONE rocket from SaxaVord has slipped to 2027.
europeanspaceflight.com/rfa-…
Challenging Defence Markets retweeted
Read this article over the weekend on drone based ISR.
A lot of my work over the last ~10 years has been in this specific sector.
Preparing a long form piece which I will publish early next week.
In short, the market has been predominately served by space based assets (eg @hawkeye360) - but we are starting to see a surge of UAS capability.
I'll map out private and public companies, and what this means for the future of the modern battlefield.
Challenging Defence Markets retweeted
Celebrating a £9.5m British-built satellite while you approved £2.4bn of military satellite work to be done in America isn't quite the flex you think it is Wes.
A new space age indeed. Just apparently not for Britain's satellite industry.
Challenging Defence Markets retweeted
And I wonder who is makes the weapons they will want to send? I was told Defense was a short when Dem's come to town? I'm just soooo confused.
❗️Democrats in the US House and Senate say new aid for Ukraine will be a top priority when they take control of Congress in January, Reuters reports. They could attach funding for Kyiv and tougher sanctions on Russia to major defense or budget bills. Trump retains veto power, but the scale of Democratic gains could make a two-thirds override possible with Republican support. No substantial new Ukraine aid legislation has passed since Trump returned to office in January 2025. #Ukraine
Challenging Defence Markets retweeted
🌍⚡A new era of weather monitoring begins! Just 2 months after launch, the MTG-I2 weather satellite has delivered its first images. 🎥 Watch Europe & North Africa observed every 2.5 min over 45 hours.
©@EUMETSAT
@esa @OHB_SE
#WeatherForecast
Challenging Defence Markets retweeted
We now learn today that they will be suppling engines to $ASTS. While this wasn't on my bingo card it makes logical sense as SpaceX cuts off commercial service after 28. Pay attention to where the 🏒is going and don't let get margined out of the game. Next year is going to be huge for launch providers ex-SpaceX
Challenging Defence Markets retweeted
$KTOS
NO MORE CAPITAL RAISES
KTOS CEO ON RAISES
"First of all, we are absolutely fully capitalized and there are no more capital raises coming for the— I never say never, but for the foreseeable future we are totally capitalized. We are laser-focused on internal execution. We are in a significant investment phase right now. Where we are basically winning virtually everything we are going after. Now is the time to build an incredible company that will have ultimate incredible cash flows”
Challenging Defence Markets retweeted
‘A man for all markets’ is one of the most interesting biographies I have ever read. Highly recommended.
People don't understand how insanely high IQ Ed Thorp is. He invented card counting in blackjack, earned 20% returns for 20ys by discovering a formula for option pricing that led others to a Nobel Prize, predicted Buffett would be the richest man in America (invested in Berkshire in 1983), invented the first wearable computer to beat roulette with Claude Shannon. His track record has the most evident display of extreme, real-world intelligence I've come across.
I call it real-world intelligence because he started from a theoretical background and worked his way into practical elements, some even physical. That is really uncommon. Most mathematical wizards stay in the abstract world; they don't move into the physical world. Some break into it through modern, quantitative finance. But Thorp built his reputation across fields, including and pioneering quant finance.
Best insight from Thorp is that unless he has an edge, he doesn't play. He would only bet if he mathematics give him a positive expected value. His card-counting system, the option pricing formula, the device to track roulette's spins. These are all instruments he built to earn his edge over other players.
Another interesting thing is that, after profiting from his edge in different games, he shared the secret. Published a book with his system for card counting, published an essay with the option pricing formula, started telling everyone about Buffett, shared the story of the roulette-beating wearable pc.
Challenging Defence Markets retweeted
The defense engine is strong enough that even with a chunk of commercial revenue amputated, they beat the top line and printed a record margin and doubled the EBITDA guide.
Deleted my $LASR tweet. Q4 guidance still excludes ~$15M of product revenue slipping into H1 2027 so the China optics overhang is extended, not resolved. However, they out-executed the constraint on every line that counts even with that overhang. Will be listening to the call for more color
Challenging Defence Markets retweeted
Fill your timeline with people who can be both bullish and bearish, when the conditions warrant it.
@aviancapital and @AtlasShrug1 deserve far more respect.
"In my opinion, many semiconductor companies are not investable. You can trade them. But you are playing a game of musical chairs at this point."
"The capital has to come from somewhere and it's hard to consistently have the world spending trillions of dollars on the AI buildout forever. And that spend being concentrated on the same names. There is also the physical limitation of building data centers which is something to consider."
-AC July 2026 🕊️
Challenging Defence Markets retweeted
$LPTH worth calling out that $AXON just announced their largest single investment in the company’s history: a $1.2 billion investment in Skydio. Good indication on demand signals for Skydio drones and downstream the cameras.
investor.axon.com/2026-11-05…
Challenging Defence Markets retweeted
👁️👁️
Shield is acquiring Echodyne to expand our Mission Systems business with software-defined radars, engineering expertise and manufacturing capacity.
The $5.3B transaction is supported by a $2.5B raise, including Series H funding at a $28.8B valuation, and will accelerate our efforts to meet growing demand for multi-mission capabilities.
Echodyne’s industry-leading technology is used in hundreds of counter-drone and security systems worldwide, where it helps track drones, secure airspace, and protect people and infrastructure.
Full release: bit.ly/4iYGLWc
Funding includes a structured equity investment from @Blackstone and a Series H co-led by @disruptivetech and Innovation X Capital, with participation from @adventintl, the Strategic Investment Group of JPMorganChase's Security and Resiliency Initiative, @SnowpointVC, Apandion, Center15 Capital, and others.
Autonomy for the world. The greatest victory requires no war.
