AFWERX

BILT Is Among 3 Texas Companies to Land New AFWERX/SpaceWERX Funding

by | Mar 11, 2025
AFWERX said that many small businesses face a “valley of death” funding gap between developing a prototype and securing the resources for full-scale deployment. The new funding strengthens U.S. military links to Grapevine's BILT, which creates 3D interactive instructions apps.
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Full Throttle: North Texas Rocket Company Firehawk Awarded Air Force Backing for Breakthrough Tech
Firehawk Aerospace Co-Founder and CEO Will Edwards says he aims to build "the next great American defense company. And we're doing this by building rocket motors." Using 3D-printed solid rocket fuel to provide a safer, more cost-effective approach to launching payloads, Firehawk is powering forward from its Addison facility, its Midland test site, and a new launch range where its systems will take flight.
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Defense Tech Experts: The ‘Military-Industrial Complex’ is Ripe for Disruption
by | Nov 7, 2023
At Venture Dallas 2023, venture capitalists and defense department minds said evolving technologies are creating new opportunities in the defense tech sector for well-financed startups.
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Jaunt aerospace

Jaunt Air Mobility Lands New Investors to Help Air Taxis Take Flight

by | Apr 5, 2022
The new investors include Calin Rovinescu, former president and CEO of Air Canada, and Mitch Garber, minority owner of the NHL's Seattle Kraken. “eVTOL air taxis is an obvious next-gen hyper-growth area,” Garber said, calling them a way to change "how we move and facilitate a greener efficient global economy.”
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Dallas’ Jaunt Air Mobility Advances in AFWERX HSVTOL Challenge With MAV 55
by | Feb 8, 2022
Jaunt is one of only 11 companies out of 200 entrants to get a next-stage investment from the High-Speed Vertical Take-Off and Landing Concept Challenge. Its solution, the MAV 55, uses a patented slow rotor technology that delivers a lift-to-drag ratio up to five times better than a helicopter—and ultra-low noise that's "practically imperceptible" when flying.

Beyond defense, the startup founded in 2019 is also building commercial eVTOL aircraft that can move both people and packages.
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