Defense Technology Company, Allen Control Systems, Raises $12 Million Seed Capital to Build Counter-Drone Robotic Gun Systems [Yahoo! Finance]
DoorDash, Inc. (DASH)
Company Research
Source: Yahoo! Finance
AUSTIN, Texas, April 18, 2024 BUSINESS WIRE Allen Control Systems (ACS), a defense technology company, today announced it has raised $12 million in seed capital led by Craft Ventures with participation from Forum Ventures and Rally Ventures . ACS is developing counter-drone robotic gun systems. Low cost, lethal, and increasingly autonomous drones are being deployed in large numbers by enemy forces around the world. Radio jamming can stop many off-the-shelf commercial drones, but autonomous military drones are designed to continue their missions even when their radios are jammed. The only way to disable military drones is to physically damage them but up until now, that required expensive missiles. ACS is developing novel technology capable of neutralizing large numbers of lethal drones at a much lower cost than any solution available today. ACS was founded by CEO Steven Simoni, CTO Luke Allen, and COO Mike Wior. Simoni and Allen are former U.S. Navy nuclear engineers who met in t
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DASH
Earnings
- 2/15/24 - Miss
DASH
Sec Filings
- 4/30/24 - Form 144
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- DASH's page on the SEC website