NEWS | May 27, 2026
Silicon Valley Defense Group, in partnership with J.P. Morgan, is proud to present the 2026 NatSec100. Now in its fourth year, the annual NatSec100 highlights the top 100 venture/PE-backed American defense companies that are innovating, building, and delivering warfighting capabilities.
The NatSec100 serves as an annual pulse check on the overall health of the emerging defense technology ecosystem. It provides a data backed analysis of where meaningful progress is taking place, where structural barriers persist, and where recent changes in policy, capital, and procurement are, or are not, working. The goal is not to declare winners. It is to provide an honest, data-driven accounting of where the ecosystem stands and what still needs to happen for innovation to reach operational scale.
Last year’s report reflected on the prior decade of dramatic growth for the emerging defense technology ecosystem. It highlighted the progress made by companies, investors, and government entities. However, it broadcast the critical message that despite progress, our ecosystem must switch from a structural focus on innovation incubation to innovation adoption.
In 2026, SVDG tracked seismic changes across the U.S. government procurement landscape. SVDG also noted increased public market exits, mergers and acquisitions, and significant interest in general across later-stage capital markets for national security companies. Outcomes are beginning to trickle in. The stage is set for innovation adoption, no small feat.
NatSec100 companies no longer have to make the case that commercial technology belongs in national security — they are making good on it. The question driving the 2026 NatSec100 is sharper as a result: Is the system actually delivering?
See the NatSec100 2026 list at: natsec100.org
Company Press Contact:
Press Contact Name: Emma Leonard
Press Contact Title: Marketing and Communications Manager
www.thinkorbital.com
