Summary
Ares Industries builds low-cost cruise missiles for the U.S. military. Founded by Alex Tseng and Devan Plantamura, they solve the problem of insufficient anti-ship missile stockpiles by creating weapons that are 10x smaller and cheaper than existing systems. Alex was the first engineering hire at a missile startup and built autonomous systems at Rivian and Stanford, while Devan is an Army and Navy veteran with defense startup experience. They went from company founding to flight testing prototypes in 11 weeks and are on track to deliver early systems to customers by mid-2025.