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Defense Unicorns, a San Antonio-based company, has raised $136 million in Series B funding, achieving a valuation exceeding $1 billion. The investment, led by Bain Capital, will support the enhancement of its Unicorn Delivery Service and UDS Army products, following a reported 300% year-over-year increase in military system adoption.

The company also secured $35 million in Series A funding in 2024 and a $15 million STRATFI agreement from SpaceWERX for IT updates at U.S. Space Force ranges.