The world's geopolitical landscape is evolving rapidly, and traditional defense contractors have been too slow to adapt. Startups are now filling the gaps in advanced cybersecurity, autonomous defense, AI-driven intelligence, energy resilience, and next-generation military hardware. From hypersonic propulsion to decentralized power grids, our portfolio is building the technological foundation for America's future.
The quantum computing market is on track to creating $850B of economic value globally by 2040. Draper-backed companies like Rigetti (recent $35M Quanta investment) and Xanadu AI are developing scalable quantum processors for defense and commercial applications.
$850B
global economic value created by quantum computing by 2040 (BCG Report)
Portfolio companies like Oklo (1,350 MW customer pipeline) and Radiant ($100M+ raised) are developing nuclear microreactors and portable nuclear solutions, ensuring energy resilience for both defense and commercial applications.
1,350MW
Oklo's nuclear microreactor customer pipeline capacity
Since 2014, Draper has backed quantum computing startups like Rigetti Computing and Xanadu AI, positioning the U.S. as a leader in computational advantage for both defense and commercial applications.
2014
Year Draper began major investments in quantum computing with Rigetti
The world's geopolitical landscape is evolving rapidly, and traditional defense contractors have been too slow to adapt. Startups are now filling the gaps in advanced cybersecurity, autonomous defense, AI-driven intelligence, energy resilience, and next-generation military hardware. From hypersonic propulsion to nuclear microreactors, missile defense to space-based surveillance, the next wave of innovation in defense and national security will be led by agile, cutting-edge companies.
Beyond defense, dual-use technologies are redefining both national security and commercial industries. AI-powered analytics, automation, and cyber resilience are becoming just as essential for enterprise security as they are for military operations. Quantum technologies are unlocking breakthroughs in both intelligence defense systems and commercial computing. Space infrastructure, autonomous robotics, and secure digital networks will be just as critical for global commerce as they are for government operations.
Companies like Firehawk Aerospace are enabling the next generation of defense systems with solid rocket motors powered by additively manufactured propellant. Venus Aerospace is developing hypersonic spaceplanes for ultra-fast global travel and defense applications. These dual-use technologies serve both military and commercial markets, driving innovation across sectors.
The U.S. needs decentralized power grids, nuclear energy solutions, and more resilient digital infrastructure to remain competitive. Oklo is revolutionizing nuclear energy with compact, self-sustaining microreactors that provide clean, reliable power. Radiant is developing portable, zero-emission nuclear microreactors to deliver clean power anywhere on Earth and beyond. These technologies are critical for both national security and commercial energy independence.
Since 2014, Draper has backed quantum computing pioneers like Rigetti Computing and Xanadu AI, developing scalable quantum processors for defense and commercial applications. Quantum computing could generate $450 to $850 billion in global economic value by 2040, with applications in cryptography, intelligence, and computational advantage.
We back companies building the next generation of cybersecurity, autonomous defense systems, AI-powered intelligence platforms, and space-based surveillance. The companies that build the infrastructure for America's technological future won't just reshape industries—they'll shape history.
Our defense and dual-use portfolio includes Firehawk Aerospace (rocket motors), Venus Aerospace (hypersonic spaceplanes), Oklo (nuclear microreactors, 1,350 MW pipeline), Radiant ($100M+ raised, portable nuclear), Focused Energy (laser-driven fusion), Vvater (water purification), Xanadu AI (quantum computing), Quoherent (mobile quantum processors), Rigetti ($35M Quanta investment, 2025), and D-Wave (quantum optimization). These companies are defining the future of security, infrastructure, and dual-use technology.
We're excited about autonomous defense systems, quantum-secure communications, nuclear energy solutions, space-based intelligence, decentralized power grids, and AI-powered defense platforms. The businesses that build off-world economies and reinvent critical infrastructure will define the 21st century.