CompaniesInvestorsPeople
Home
Loading

aVenture is in Beta: research coverage is expanding as we build, so please independently verify key details before making investment decisions.

aVenture is in Beta: research coverage is expanding as we build, so please independently verify key details before making investment decisions.

Get in Touch

  • Contact

  • Request a Demo

  • Request Data Updates

  • Add a Company

Research

  • Companies

  • Investors

  • People

aVenture

  • Download App

  • Pricing

Download the aVenture Research beta for iOS and iPadOSDownload aVenture Research on the Mac App Store

Resources

  • Documentation

  • Use Cases

  • CLI

  • MCP

  • Feature Requests

  • Sitemap

Member

Backed by

Ask AI about aVenture

© aVenture Investment Company, 2026. All rights reserved.

San Francisco, CA, USA

Privacy · Terms of Service

aVenture Investment Company ("aVenture") is an independent research platform providing detailed analysis and data on startups, venture capital investments, and key industry individuals. It is not a registered investment adviser, broker-dealer, or investment advisor and does not provide investment advice or recommendations. The data provided by aVenture does not constitute recommendations or advice, whether by methodology, analysis, AI-generated content, or a statement written by a staff member of aVenture.

aVenture is not affiliated with any of the people, companies, organizations, government agencies, regulatory bodies, or investment funds we provide coverage for on this site unless explicitly stated otherwise. Users assume full responsibility for decisions made based on information obtained from this platform. Links to external websites do not imply endorsement or affiliation with aVenture. Any links that provide the ability to invest in a primary or secondary transaction in a company are for convenience only and do not constitute solicitations or offers to buy or sell an investment. Investors should exercise heightened precaution and due diligence when investing in private companies, especially those not independently audited.

While we strive to provide valuable insights with objectivity and professional diligence, we cannot guarantee the accuracy of the information provided on our platform. Before making any investment decisions, you should verify the accuracy of all pertinent details for your decision. To the fullest extent permitted by law, aVenture shall not be liable for any direct, indirect, incidental, consequential, or financial damages arising from use of this site, whether by consumers of its contents directly or by persons or organizations covered by our research, even if we are advised of the possibility. Our best-efforts processes and correction request forms do not create a warranty or duty of care.

Profiles on this platform may include content generated in part by large language models (LLMs, artificial intelligence) that aggregate publicly available sources (e.g., SEC EDGAR, public filings, press releases). Source attribution is provided where known; always verify statements and claims here against original sources before relying on any data. Content on our site may contain inaccuracies, omissions, or what are commonly called 'hallucinations' if generated in part or in full by AI / LLMs. The risk can also exist even when content is written by a human, as internal and third-party sources may also have inaccuracies for the same or different reasons. While we randomly audit a proportion of content, this is not exhaustive.

We recommend that an independent auditor be hired to verify the accuracy of the information before relying on it for any sensitive decisions. By accessing this platform, you agree not to rely solely on any information generated by AI, aggregated, or sourced or written otherwise on this site, for investment, financial, or other decisions. aVenture assumes no responsibility for inaccuracies, omissions, or hallucinations. You must independently verify all data from primary sources. Use of this platform constitutes your waiver of claims for reliance-based damages, including negligent misrepresentation. To report an error, request a correction, or dispute information about a company or individual, contact us via our request data updates form.

Loading
Loading
Home
News
Overland AI unveils IBEX, a new autonomous ground vehicle selected by the Marine Corps

From GeekWire

By Kurt Schlosser

October 8, 2026

Overland AI unveils IBEX, a new autonomous ground vehicle selected by the Marine Corps

Overland AI unveils IBEX, a new autonomous ground vehicle selected by the Marine Corps

Seattle defense startup Overland AI has unveiled IBEX, a new fully autonomous ground vehicle selected by the U.S. Marine Corps to support counter-drone air defense operations and execute high-risk frontline missions, including resupply, breaching, and electronic warfare.

IBEX was developed under a Department of War APFIT production contract that recently expanded to $25 million with added funding for the Army’s 75th Ranger Regiment. The initial $20 million milestone deal made Overland AI the first ground autonomy startup to serve as a primary defense hardware supplier, with the Marine Corps selecting the platform for integration into its Marine Air Defense Integrated System (MADIS).

Built on the chassis, engine, and drivetrain of the Polaris MRZR — an ultra-light utility vehicle already used, fueled, and maintained across the armed forces — IBEX can carry a 2,000-pound payload and reach fully autonomous speeds exceeding 35 mph. The vehicle offers a 250-mile cruising range at 20 mph and is sized to fit inside a V-22 Osprey for air transport.

IBEX is powered by Overland AI’s proprietary OverDrive software stack, which combines real-time terrain perception with adaptive route planning to navigate complex, off-road environments at speed without relying on GPS signals or pre-mapped routes. Drivers can control multiple uncrewed vehicles simultaneously using OverWatch, the startup’s command-and-control software.

IBEX provides 5 kW of export power to run onboard sensors and defense systems, addressing energy limits in forward field operations. The company describes each vehicle as a combined power, communications, and compute node designed to operate independently in environments with limited or disrupted communications.

“We pride ourselves on developing technology that is informed directly by the warfighter,” Greg Okopal, co-founder and chief operating officer of Overland AI, said in a statement, adding that IBEX can be deployed on day one and maintained with the parts and fuel units already have.

The vehicle joins the startup’s existing flagship platform, ULTRA, as the company continues scaling production at its Seattle manufacturing facility to meet growing military demand for autonomous ground systems.

Founded in 2022 as a spinout from the University of Washington, Overland AI has rapidly expanded its defense operations, raising $100 million in Series B funding earlier this year.

GEEKWIRE 200
SEE THE FULL LIST →
#7
Overland AI
Defense and Space Manufacturing • Seattle, Washington

The startup — No. 7 on the GeekWire 200 ranked index of the Pacific Northwest’s top startups — has raised over $140 million in venture funding to date.

In 2025, Overland opened a 22,000-square-foot production facility in the Rainier Beach neighborhood south of downtown Seattle. And this summer, the startup established an engineering outpost in Burlingame, Calif., aiming to tap into the Bay Area’s robotics and autonomy talent pool.

Overland AI’s growth reflects a broader defense technology boom across the Seattle region, where established firms and fast-growing startups are building major hardware and software footprints.

Companies expanding in the region include Shield AI, which selected the Seattle area for a massive manufacturing facility to build its autonomous X-BAT fighter jet; Anduril, which sees a path to 1,000 Seattle-area engineers across its Bellevue and Seattle hubs; and Echodyne, which opened a $40 million radar manufacturing factory in Woodinville to support drone detection demand.

View original article on geekwire.com

Most Recent

Automation Anywhere acquires Boost.ai to expand customer-facing voice AI

Automation Anywhere Inc., an enterprise agentic automation and orchestration firm, announced Wednesday an agreement to acquire Boost.ai Inc., a conversational voice artificial intelligence company, from Nordic Capital. The firm seeks to build the “autonomous enterprise,” an operating model where bus

Oct 8, 2026

Microsoft responds to White House immigration crackdown as Trump honors Nadella

The Trump administration suspended Microsoft from the federal program the company uses to help foreign workers stay in the U.S. permanently, accusing the tech giant of abusing the system. The announcement by Vice President JD Vance, during a news conference Thursday morning at the White House, came

Oct 8, 2026

Rocket fuel: Seattle-area startups raise a record $3.5B as national VC funding cools

Seattle-area startups raised $3.5 billion in venture capital in the third quarter, the most in any quarter going back at least a decade, led by big rounds for Kent-based rocket maker Stoke Space, Bellevue developer platform Temporal and Everett fusion company Helion. That’s more than triple the $1 b

Oct 8, 2026

Liquid AI builds personal AI around device-level context

Liquid AI builds personal AI around device-level context, efficient models and continuous improvement, helping agents work within fixed hardware limits.

Oct 8, 2026

Similar Posts

Shield AI selects Seattle area to build X-BAT autonomous fighter jet, plans to add 4,000 jobs by early 2030s

DES MOINES, Wash. — Defense tech powerhouse Shield AI is establishing a massive advanced manufacturing hub in Washington state, tapping the Seattle region’s deep aerospace and tech roots to build a next-generation autonomous fighter jet called the X-BAT. The project could transform the regional labo

Sep 30, 2026

Shield AI lands $150M Navy contract to advance AI-piloted fighter jet that will be built south of Seattle

Defense technology startup Shield AI has secured a $150 million contract from the U.S. Navy to advance development of its X-BAT autonomous fighter jet — providing fresh federal backing for the program as the company establishes its first major manufacturing footprint south of Seattle. Last week, Gee

Oct 8, 2026

The three layers of agentic AI security: A defense-in-depth architecture for autonomous agents

Presented by Nutanix Autonomous systems that can reason, make their own decisions, and execute actions across an environment introduce a category of risk that application-level controls were never built to contain. Treating that risk as a single problem produces incomplete architectures, says Osca

Aug 28, 2026

Autonomous drone intercept startup Mara raises $7M to secure the modern battlefield

Autonomous drone intercept startup Mara raises $7M to secure the modern battlefield - SiliconANGLE

Aug 26, 2026