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A Billion Dollars For Drone Dominance, IonQ Backs A Quantum Computing Company, And Hims Gets Into The Blood Business

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The Department of War Launches Billion Dollar Drone Buying Commitment

The United States Department of War officially launched a new initiative known as the Drone Dominance Program to purchase $1 billion of small attack drones. The Drone Dominance Program comes after President Donald Trump signed a new executive order focused on accelerating drone production and manufacturing in America to reduce the United States being dependent on foreign countries for combat drones.

IonQ Invests In Horizon Quantum Computing

IonQ (NYSE: IONQ) led a new $110 million equity financing round into dMY Squared (OTCQB: DMYY) as part of their business combination with Horizon Quantum Computing. Horizon Quantum Computing is aiming to become of one the first publicly traded companies focused on automatically turning classic computing programs into quantum workloads while being completely hardware agnostic.

Hims & Hers Is Acquiring A Blood Sampling Company

Hims & Hers (NYSE: HIMS) is acquiring Boston based blood sampling startup YourBio Health in a new all cash deal. YourBio Health has developed leading edge medical devices that allow individuals to perform simple blood sampling at home with very minimal pain or discomfort.

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The Sprint

  • Palantir (NASDAQ: PLTR) formed a new partnership with Nvidia (NASDAQ: NVDA) and CenterPoint Energy (NYSE: CNP) to accelerate the build out of physical infrastructure for artificial intelligence through a new software platform known as Chain Reaction.

  • Kalshi struck new deals with both CNN and CNBC to integrate their prediction market data into live television.

  • ProCap BTC officially received shareholder approval to close their business combination with Columbus Circle Capital Corp I (NASDAQ: BRR)

The Markets This Week

+133.5% | iRobot Corp.

+41.5% | T1 Energy

+34.7% | Triller Group

+34.7% | UiPath Inc.

Top Trends This Week

+17.2% | Robot Stocks

+12.5% | Space Stocks

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