Y Combinator backs its first defense startup, Ares Industries The first defense startup to receive backing from Y Combinator, Ares Industries, launched earlier this week. In a post on the YC website, the startup outlined a vision to build low-cost cruise missiles that will be compatible with existing launch platforms, saying it will “deliver the capabilities that the [Department of Defense] wants in a […] © 2024 TechCrunch. All rights reserved. For personal use only. https://techcrunch.com/2024/08/25/y-combinator-backs-its-first-defense-startup-ares-industries/