Rick Prostko

Terra Industries raises $11.75M seed, led by 8VC, the VC firm by Palantir founder Joe Lonsdale. In participation is Valor Equity Partners, Lux Capital, SV Angel, Silent Ventures, Nova Global, Leblon Capital, and angels like Micky Malka. Alex Moore, Board Director at Palantir, also joins Terra’s board Over a year ago, Max and I started Terra to give Africa the technological edge needed to protect its critical resources. Today we’re building Africa’s first defense prime with millions of dollars in commercial and govt contracts. Over the next few months, we will ramp up defense production across Africa and scale our surveillance software. Link in the comments #technology #ai

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Defense aviation is entering a new chapter, one where AI flies alongside, and eventually instead of, human pilots. Harpoon portfolio company Merlin has signed an agreement to go public via an Inflection Point–led SPAC at an $800M pre-money valuation, paired with $125M+ in committed capital. It’s fuel for a mission years in the making: certifying autonomy with the FAA, fielding it with USSOCOM on the C-130J, and integrating on the KC-135, aircraft that form the backbone of U.S. and allied airpower. A big step toward making autonomy a standard capability in military and cargo aviation. Congrats to Matt George and the entire Merlin team! Link to the release in the comments.

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Canada is entering a new phase in how it thinks about defence capability. The emerging Defence Industrial Strategy signals more than increased spending, it reflects a shift toward rebuilding sovereign capability and ensuring that critical technologies and operational capacity exist inside Canada. For industries like aerospace and autonomy, this represents a meaningful change in priorities. I had the opportunity to discuss some of these dynamics with Lyndsay Malchuk on Market Frontlines. Grateful for the conversation.

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**JetBlue's Bold Move with Amazon's Project Kuiper for In-Flight Connectivity** By choosing Amazon's Project Kuiper over more established options like Starlink, JetBlue illustrates the strategic decisions companies must make regarding technological partnerships. However, with a 2027 launch timeline, this raises questions about readiness and competition in the market. At ElevenX Capital, we believe that timing is everything in investment decisions, especially in tech-driven sectors. How do you assess the potential risks and rewards of new technologies? #investing #innovation #venturecapital #entrepreneurship

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