Allen Control Systems raises $200M Series B at $2.2B valuation

Summary

Allen Control Systems, a defense-tech company making AI-powered gun turrets, raised $200M in a Series B round led by Smash Capital at a $2.2B post-money valuation. The company's technology is used for shooting down drones.

Why it matters

The funding highlights the growing interest in defense-tech and AI-powered solutions.

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Techmeme

Allen Control Systems, which makes AI-powered gun turrets for shooting down drones, raised a $200M Series B led by Smash Capital at a $2.2B post-money valuation

6/5/2026, 9:00:27 PM

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2026-06-05: #19