Defense Tech Market Notes: July 2026

Munitions on a Wartime Footing, Startups Outrunning the Primes, and Allies Who Stopped Waiting

Jul 16 • Brent Gerundo

1

Breaking Bread III: The New Arsenal of Democracy

The next era of military power will be built at the intersection of software, hardware, and industrial scale.

Jul 6 • Jason Zins and Brent Gerundo

3

June 2026

Defense Tech Market Notes: June 2026

The Drained Arsenal, Congress's New Rules, and Defense Tech Reaching the Front

Jun 17 • Brent Gerundo

1

May 2026

Compute at the Edge of the World

Why We Invested in Armada and the Race for Edge AI Infrastructure

May 19 • Brent Gerundo

3

Defense Tech Market Notes: May 2026

Wartime Triage, the Legacy Base, and the New Pentagon Counterparty

May 17 • Brent Gerundo

2

April 2026

Establishing Orbital Dominance

Our Investment in Starfish Space and the Dawn of On-Orbit Logistics

Apr 7 • Brent Gerundo

3

March 2026

Rebuilding America’s Magazine Depth

Our Investment in Firehawk and the Rise of Additive Manufacturing in Solid Rocket Motors

Mar 4 • Brent Gerundo

1

January 2026

Fueling America’s Nuclear Renaissance

Our Investment in Standard Nuclear and the Future of American Fuel Security

Jan 29 • Brent Gerundo

3

November 2025

Breaking Bread II - Why We're Doubling Down on Defense

The next five years will determine whether the United States maintains its global dominance – or concedes it.

Nov 11, 2025 • Jason Zins

1

June 2025

Nomi Notes: Volume 3

AI Deployment Accelerates, Defense Re-Arms and Fintech Eyes the Public Market

Jun 22, 2025 • Jason Zins

April 2025

Breaking Up OpenAI

The clock is ticking on OpenAI’s conversion to a for-profit entity. It’s time for it to break up.

Apr 1, 2025 • Jason Zins

February 2025

Breaking Bread - A Revolution in U.S. National Defense

The world's most powerful military has a technology problem.

Feb 27, 2025 • Jason Zins

2

1