Founded and led by engineers from SpaceX, Tesla, and Anduril alongside operators who have deployed air defenses in combat, Singularity is deeply committed to delivering capability that saves lives
LOS ANGELES--(BUSINESS WIRE)--Singularity emerged from stealth today with an oversubscribed $80 million Series A at a $400 million valuation, aimed at one of the most consequential engineering problems the U.S. and its allies face: deploying low-cost air defense systems at scale.
"The scale of avoidable casualties from low-cost munitions in recent years is gut-wrenching. The U.S. has had the technology to defeat these threats for decades, but as adversaries stockpile millions and put them to use, we've reached a true crisis for interceptor inventory and production volume," said Jack Oswald, Co-Founder and CEO of Singularity. "After meeting operators in Ukraine gravely injured by these threats, there was no other problem we could justify working on. The only measure of Singularity's success will be lives saved."
The round is led by Khosla Ventures and Felicis, with participation from seed investors AE Ventures and NEA, as well as Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, and Soma. Singularity, co-founded by Jack Oswald and COO Shail Giroux, has built a world class team drawn from SpaceX, Tesla, Anduril, and Lockheed Martin, alongside experienced operators who, after decades of service, sold more than $12 billion worth of air defense systems.
James Detweiler, General Partner at Felicis: "Singularity's mission is urgent and demands exceptional founders. Jack and Shail are deeply mission-driven leaders with the caliber, focus, and ambition to meet the moment. This funding gives them the resources to do so at speed."
Singularity is backed by dozens of recognized leaders from industry, the military, and Congress, including former U.S. Army Chief of Staff General (Ret.) James McConville, former Commander of United States Space Command General Jim Dickinson, and former Deputy Minister of Defense of Ukraine Major General (Ret.) Volodymyr Havrylov.
General (Ret.) James McConville, 40th Chief of Staff of the U.S. Army & Operating Partner, AE Industrial Partners: "The character of warfare is changing rapidly as low-cost drones proliferate across the battlefield. The challenge is no longer simply building effective air defense systems, but delivering them at the scale, speed, and cost required to keep pace with the threat. Singularity has demonstrated that it can meet this challenge."
A Team Built to Iterate, Produce, and Deploy Where Needed
Drones and other low-cost munitions are not sophisticated targets. They are cheap to produce, simple to scale, and exhausting to defend against when the cost of interception exceeds the cost of the threat. They have cost hundreds of thousands of lives in Ukraine and disrupted one of the world’s most critical shipping lanes, the Strait of Hormuz. Most destabilizing, they are constantly improving, advancing their edge over today's air defense.
Changing this dynamic requires iteration at a rate unmatched in the defense industry. Singularity's team makes continuous design improvements with multiple flight tests a month, with hardware and software developed in-house from clean-sheet.
Sven Strohband, Managing Director and CTO at Khosla Ventures: "After 20 years backing top hard tech companies, I've learned that progress is best correlated with how fast a team closes the loop between design and test. Singularity gets this and has demonstrated the most aggressive test cadence in the industry."
Singularity's manufacturing team, drawn largely from Tesla and Toyota, is building an assembly line based on automotive principles to rapidly ramp production volumes beyond any comparable U.S. system. The traditional defense approach of integrating components from dozens of suppliers doesn't work when scale is required urgently. By building all subsystems in-house and sourcing commercial components, Singularity is prepared to scale.
The team is composed not only of engineers but of air defenders, infantrymen, sailors, aviators, and marines who continue to serve their country at Singularity. Their firsthand perspective on conflict drives the urgency behind the work: the sooner the execution, the sooner help reaches where it is desperately needed.
Mustafa Neemuchwala, Partner at NEA: “Singularity is proof that hard and impactful missions are a moat. When success is measured in lives saved, the best people in the world show up, and Jack and Shail have converted that into a capital efficiency and build velocity few companies of any size can match, having already achieved milestones that no venture backed company ever has.”
About Singularity
Singularity exists to build a safer world and measures success in lives saved. To learn more or join the mission, visit singularityus.com.
Contacts
MEDIA CONTACT
Brian Lustig
For Singularity
Communications@singularityus.com
