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Private companiesTracked

Vector

Bluffdale, Utah · Founded 2024

Vector, incorporated as Vector Defense, Inc., builds attritable drones in Utah, among them the Hammer, a 10-inch FPV drone flown over a fiber-optic line that radio jamming cannot reach. It sells them to the U.S. military as a service, with training and upgrades under one contract.

Profile

What it builds and who buys it

  • ·The Hammer is a 10-inch FPV drone for deep sensing and strike. Its cameras detect targets up to 20 kilometers away, and further Hammers can follow with droppable payloads or one-way strikes.Vector (release via Utah Business), Mar 3, 2026
  • ·Each Hammer carries a 5,000-meter spool of fiber linked to its controller, so it emits no radio signal to jam.TechBuzz News, Oct 24, 2025
  • ·The Dagger is an attritable modular drone for military and law enforcement units, carrying sensors or precision effects.Vector (product page)
  • ·Vector sells under multi-year subscription contracts with a ceiling, bundling drones, training and upgrades. TechBuzz reported a multi-year, multi-million-dollar contract with U.S. Special Operations Command in October 2025.TechBuzz News, Oct 24, 2025
  • ·Vector performs final assembly in Draper, Utah, and runs research and development in Austin, Texas.TechBuzz News, Oct 24, 2025
  • ·J.P. Morgan lent Vector $20 million in March 2026 to expand its drone manufacturing in Utah.Vector (release via Utah Business), Mar 3, 2026
  • ·In September 2026 Vector was selected after the Gauntlet II flyoff for Drone Dominance Program Phase II orders of up to 5,000 systems, out of a combined 60,000 across the program, and for orders of its high-voltage electronic safe and arm device.Vector (company release), Sep 17, 2026
  • ·Vector and Nammo Defense Systems expanded a teaming agreement in October 2026 to integrate Nammo munitions with Vector’s unmanned systems.Vector (company release), Oct 12, 2026

Founders and leadership

  • Andy YakulisChief executive and co-founder

    Served 18 years as an Army officer and Special Operations commander and flew as a pilot-in-command. He graduated from West Point and holds a master’s from Stanford Graduate School of Business as a Sloan Fellow.Vector (company site)

  • Matt LongChief strategy officer and co-founder

    A retired Navy SEAL team leader with 20 years of service, including at the Naval Special Warfare Development Group, and founder of the tactical consulting firm Long Range Solutions.Vector (company site)

  • George MatusChief technology officer and co-founder

    Founded the drone maker Teal, which won the Army’s Short Range Reconnaissance program of record and was acquired by Red Cat Holdings. He is a Peter Thiel Fellow.Vector (company site)

  • Larsen JensenCo-founder

    Founder and managing partner of Harpoon Ventures, a Series A investor. A two-time Olympic medalist in swimming, he served six years as a Navy SEAL and worked at Andreessen Horowitz and Lightspeed Venture Partners.Vector (company site)

Funding

Last valuation

No citable valuation

Last round or tender

Series A

Vector (release via Utah Business), Sep 8, 2025

The company announced that it had closed its Series A with $61 million raised in just over a year since founding, a cumulative figure, from a syndicate it listed as Pelion Venture Partners, Harpoon Ventures, Point72, Lightspeed Venture Partners, Shield Capital and others; its March 2026 release calls it a $61 million Series A. The Form D for an equity offering begun April 24, 2025 records $48.1 million sold to 31 investors of $50.0 million offered, and does not name the round. No valuation was stated.

Latest revenue figure

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Valuation to revenue

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Post-money valuation by round

Fewer than two dated figures on file to plot; the table carries what there is.

DateRoundRaisedPost-money
Sep 8, 2025Series AThe company announced that it had closed its Series A with $61 million raised in just over a year since founding, a cumulative figure, from a syndicate it listed as Pelion Venture Partners, Harpoon Ventures, Point72, Lightspeed Venture Partners, Shield Capital and others; its March 2026 release calls it a $61 million Series A. The Form D for an equity offering begun April 24, 2025 records $48.1 million sold to 31 investors of $50.0 million offered, and does not name the round. No valuation was stated.——
Aug 22, 2024Form D offeringNo announcement from the company names this filing’s round; the company’s site says it raised its seed round in 2024. The filing records $13.0 million of equity sold to 7 investors from August 22, 2024, the whole offering.——

Revenue

No citable revenue figure on file.

Secondary venues

  • Caplightpublic page seen Oct 15, 2026

    No price on the public page.

    Listed as Vector Defense, Inc., under the slug tfvector; Caplight’s page at /company/vector describes an unrelated observability company. The MarketPrice is behind a login.

A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.

Reads

Tracked only. No read has been prepared for this company; the figures above are the record.

Sources

Researched Oct 15, 2026