New: Y Combinator has entered defense tech with its first weapons startup, Ares, which hopes to make anti-ship missiles smaller and cheaper than Lockheed Martin and Raytheon. YC's partner told Forbes: "The competitors are dinosaurs." www.forbes.com/sites/davidj...

Y Combinator Leaps Into Defense Tech With Missile Company Investment

YC’s bet on Ares, which hopes to make anti-ship missiles smaller and cheaper, is the latest example of Silicon Valley courting the Pentagon.